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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.

Showing technical analysis as on 2024-06-25 View latest technical analysis

10 day averaged volume of Mgm Resorts is 3765240

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	41.96	42.39	42.49	41.64	0.715 times
24 Mon Jun 2024	42.45	42.00	42.59	41.84	1.024 times
21 Fri Jun 2024	42.00	41.70	42.21	41.59	2.356 times
20 Thu Jun 2024	41.70	40.50	42.25	40.41	0.987 times
18 Tue Jun 2024	40.53	40.20	40.73	40.00	0.728 times
18 Tue Jun 2024	40.53	40.20	40.73	40.00	0.728 times
17 Mon Jun 2024	40.39	39.61	40.43	38.96	0.787 times
14 Fri Jun 2024	39.85	40.00	40.27	39.53	0.712 times
13 Thu Jun 2024	40.53	40.35	40.62	40.11	0.823 times
12 Wed Jun 2024	40.47	41.46	41.70	40.14	1.07 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 41.5, but if it comes below 41.5, then a intra day sell could be more profitable.
If you take a sell trade below 41.5, then use 41.5 as stoploss and 40.51 as target. However if you take a buy trade in stock , then use 41.5 as stoploss and 42.6 as target.

Share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Target	38.03
Downside Target	38.96
Downside Target	41.64
Downside Target	41.70
Upside Target	42.25
Upside Target	42.59
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	41.54
Downside Intraday Target	41.11
Upside Intraday Target	42.49
Upside Intraday Target	43.01
Upside Intraday Target	42.06

Weekly technical analysis of Mgm Resorts (MGM)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	41.96	42.00	42.59	41.64	0.427 times
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

Price has moved down 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
25 Tue Jun 2024	41.96	40.17	42.59	38.96	0.684 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 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 losing momentum.

MACD generated a BUY signal for Mgm Resorts in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mgm Resorts in short term but SELL signal is weak.

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 41.23 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.