(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.
Showing technical analysis as on 2024-05-31 View latest technical analysis
10 day averaged volume of Mgm Resorts is 3361736
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 40.17 | 38.71 | 40.19 | 38.54 | 2.219 times |
| 30 Thu May 2024 | 38.53 | 38.82 | 38.97 | 38.21 | 0.989 times |
| 29 Wed May 2024 | 38.70 | 38.24 | 38.73 | 38.03 | 1.143 times |
| 28 Tue May 2024 | 38.98 | 39.72 | 40.07 | 38.62 | 1.092 times |
| 24 Fri May 2024 | 39.72 | 39.17 | 39.82 | 39.08 | 0.874 times |
| 23 Thu May 2024 | 38.93 | 40.28 | 40.42 | 38.74 | 1.327 times |
| 22 Wed May 2024 | 40.20 | 40.58 | 40.73 | 39.92 | 0.989 times |
| 21 Tue May 2024 | 40.81 | 41.22 | 41.43 | 40.79 | 0.739 times |
| 20 Mon May 2024 | 41.36 | 41.00 | 41.44 | 40.79 | 0.985 times |
| 17 Fri May 2024 | 41.03 | 41.56 | 41.91 | 40.96 | 0.804 times |
Stock of Mgm Resorts (MGM) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 39.5 or till 38.3. Use a stoploss of 40.4 and if the stock hits stoploss, then it can shoot up till 41.34
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 38.03 |
| Upside Target | 41.60 |
| Upside Target | 41.74 |
| Upside Target | 42.14 |
| Upside Target | 43.50 |
| Upside Target | 45.91 |
| Upside Target | 47.53 |
| Upside Target | 47.55 |
| Upside Target | 48.25 |
Intraday share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Intraday Target | 38.74 |
| Downside Intraday Target | 37.3 |
| Upside Intraday Target | 40.9 |
| Upside Intraday Target | 41.62 |
| Downside Intraday Target | 39.46 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 40.17 | 39.72 | 40.19 | 38.03 | 1.108 times |
| 24 Fri May 2024 | 39.72 | 41.00 | 41.44 | 38.74 | 1.073 times |
| 17 Fri May 2024 | 41.03 | 41.09 | 42.14 | 40.67 | 0.906 times |
| 10 Fri May 2024 | 40.57 | 41.40 | 41.74 | 39.97 | 0.581 times |
| 03 Fri May 2024 | 41.04 | 41.67 | 43.50 | 38.64 | 1.981 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 |
| 31 Fri May 2024 | 40.17 | 38.92 | 43.50 | 38.03 | 1.262 times |
| 30 Tue Apr 2024 | 39.44 | 47.49 | 48.25 | 39.35 | 1.09 times |
| 28 Thu Mar 2024 | 47.21 | 42.95 | 47.55 | 41.25 | 0.633 times |
| 29 Thu Feb 2024 | 43.28 | 43.98 | 47.53 | 41.60 | 1.077 times |
Scroll below to view daily charts
Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short 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.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short to mid 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.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mgm Resorts in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 39.79 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 falling down
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 has given negative 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.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short 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.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short to mid 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.
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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mgm Resorts in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 39.79 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 falling down
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 has given negative 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.