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(MGM) Mgm Resorts complete technical analysis [charts+indicators] | Buy/Sell Mgm Resorts | (MGM) share price targets

Complete technical analysis of Mgm Resorts (MGM) by charts plus indicators, forecast predictions and share price targets for Mgm Resorts (MGM)

Mgm Resorts trades in USA in Consumer Services sector.

10 day averaged volume of Mgm Resorts is 4396150

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	34.01	33.58	34.41	33.44	1.195 times
28 Tue Jan 2025	33.50	33.71	33.85	33.31	0.787 times
27 Mon Jan 2025	33.56	32.79	33.76	32.78	1.251 times
24 Fri Jan 2025	32.89	33.00	33.23	32.83	0.649 times
23 Thu Jan 2025	33.12	32.73	33.39	32.64	1.074 times
22 Wed Jan 2025	32.81	33.33	33.36	32.79	0.968 times
21 Tue Jan 2025	33.35	33.00	33.58	32.96	1.142 times
17 Fri Jan 2025	32.85	33.45	33.75	32.77	1.045 times
17 Fri Jan 2025	32.85	33.45	33.75	32.77	1.045 times
16 Thu Jan 2025	33.13	32.85	33.41	32.83	0.893 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 33.7, but if it comes below 33.7, then a intra day sell could be more profitable.
If you take a sell trade below 33.7, then use 33.7 as stoploss and 33.13 as target. However if you take a buy trade in stock , then use 33.7 as stoploss and 34.3 as target.

Share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Target	31.61
Downside Target	32.64
Upside Target	34.16
Upside Target	34.41
Upside Target	35.13
Upside Target	35.56
Upside Target	36.26
Upside Target	38.24
Upside Target	38.59
Upside Target	40.16
Upside Target	42.54

Intraday share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Intraday Target	33.06
Downside Intraday Target	32.1
Upside Intraday Target	34.69
Upside Intraday Target	35.36
Downside Intraday Target	33.73

Weekly technical analysis of Mgm Resorts (MGM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	34.01	32.79	34.41	32.78	0.844 times
24 Fri Jan 2025	32.89	33.00	33.58	32.64	3.669 times
17 Fri Jan 2025	32.85	33.45	33.75	32.77	0.185 times
17 Fri Jan 2025	32.85	31.80	34.05	31.61	2.388 times
10 Fri Jan 2025	31.87	33.06	33.20	31.85	0.674 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mgm Resorts (MGM)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed Jan 2025	34.01	34.89	35.13	31.61	1.485 times
31 Tue Dec 2024	34.65	38.24	38.24	33.28	0.858 times
26 Tue Nov 2024	37.55	37.37	38.59	35.56	0.808 times
31 Thu Oct 2024	36.87	38.80	42.54	36.26	0.868 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mgm Resorts (MGM)

Price action analysis of Mgm Resorts ( (MGM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mgm Resorts ( (MGM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mgm Resorts ( (MGM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mgm Resorts ( (MGM) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Mgm Resorts stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mgm Resorts in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mgm Resorts Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mgm Resorts in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mgm Resorts is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.24 and Mgm Resorts (MGM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Mgm Resorts (MGM) stock. Volume based technical analysis of Mgm Resorts (MGM) stock is negative.

Mgm Resorts Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.