(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 2024-06-21 View latest technical analysis
10 day averaged volume of Mgm Resorts is 3111490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 42.00 | 41.70 | 42.21 | 41.59 | 2.851 times |
| 20 Thu Jun 2024 | 41.70 | 40.50 | 42.25 | 40.41 | 1.194 times |
| 18 Tue Jun 2024 | 40.53 | 40.20 | 40.73 | 40.00 | 0.881 times |
| 18 Tue Jun 2024 | 40.53 | 40.20 | 40.73 | 40.00 | 0.881 times |
| 17 Mon Jun 2024 | 40.39 | 39.61 | 40.43 | 38.96 | 0.953 times |
| 14 Fri Jun 2024 | 39.85 | 40.00 | 40.27 | 39.53 | 0.862 times |
| 13 Thu Jun 2024 | 40.53 | 40.35 | 40.62 | 40.11 | 0.996 times |
| 12 Wed Jun 2024 | 40.47 | 41.46 | 41.70 | 40.14 | 1.295 times |
| 11 Tue Jun 2024 | 40.77 | 40.65 | 40.84 | 39.86 | 0.949 times |
| 10 Mon Jun 2024 | 40.77 | 40.47 | 40.96 | 40.25 | 1.012 times |
Stock of Mgm Resorts (MGM) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 42.1, for a target of 41.1 or 40.22
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 38.03 |
| Downside Target | 38.96 |
| Downside Target | 41.25 |
| Downside Target | 41.60 |
| Downside Target | 41.70 |
| Upside Target | 42.25 |
| Upside Target | 43.50 |
| 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 | 40.58 |
| Downside Intraday Target | 39.17 |
| Upside Intraday Target | 42.83 |
| Upside Intraday Target | 43.67 |
| Downside Intraday Target | 41.42 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 42.00 | 40.20 | 42.25 | 40.00 | 2.687 times |
| 18 Tue Jun 2024 | 40.53 | 39.61 | 40.73 | 38.96 | 0.359 times |
| 14 Fri Jun 2024 | 39.85 | 40.47 | 41.70 | 39.53 | 1.017 times |
| 07 Fri Jun 2024 | 40.69 | 40.17 | 40.72 | 39.38 | 0.855 times |
| 31 Fri May 2024 | 40.17 | 39.72 | 40.19 | 38.03 | 1.108 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mgm Resorts (MGM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Fri Jun 2024 | 42.00 | 40.17 | 42.25 | 38.96 | 0.609 times |
| 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 |
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 and selling is picking up 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 40.97 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 positive
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 and selling is picking up 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 40.97 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.