(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 2024-07-03 View latest technical analysis
10 day averaged volume of Mgm Resorts is 3966940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 43.28 | 42.98 | 43.98 | 42.69 | 0.605 times |
| 03 Wed Jul 2024 | 43.28 | 42.98 | 43.98 | 42.69 | 0.605 times |
| 02 Tue Jul 2024 | 42.33 | 42.98 | 43.05 | 42.25 | 0.907 times |
| 01 Mon Jul 2024 | 42.86 | 44.55 | 44.67 | 42.59 | 0.823 times |
| 28 Fri Jun 2024 | 44.44 | 43.60 | 44.55 | 43.53 | 1.507 times |
| 27 Thu Jun 2024 | 43.37 | 42.48 | 43.40 | 42.37 | 0.774 times |
| 26 Wed Jun 2024 | 42.43 | 41.73 | 42.54 | 41.73 | 0.56 times |
| 25 Tue Jun 2024 | 41.96 | 42.39 | 42.49 | 41.64 | 0.678 times |
| 24 Mon Jun 2024 | 42.45 | 42.00 | 42.59 | 41.84 | 0.972 times |
| 21 Fri Jun 2024 | 42.00 | 41.70 | 42.21 | 41.59 | 2.236 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43, but if it comes below 43, then a intra day sell could be more profitable.
If you take a sell trade below 43, then use 43 as stoploss and 41.73 as target. However if you take a buy trade in stock , then use 43 as stoploss and 44.5 as target.
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 38.03 |
| Downside Target | 38.96 |
| Downside Target | 42.69 |
| Upside Target | 43.50 |
| Upside Target | 43.98 |
| Upside Target | 44.55 |
| Upside Target | 44.67 |
| Upside Target | 47.55 |
| Upside Target | 48.25 |
Intraday share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Intraday Target | 42.65 |
| Downside Intraday Target | 42.03 |
| Upside Intraday Target | 43.94 |
| Upside Intraday Target | 44.61 |
| Upside Intraday Target | 43.32 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Wed Jul 2024 | 43.28 | 42.98 | 43.98 | 42.69 | 0.259 times |
| 03 Wed Jul 2024 | 43.28 | 44.55 | 44.67 | 42.25 | 0.52 times |
| 28 Fri Jun 2024 | 44.44 | 42.00 | 44.55 | 41.64 | 1.163 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 |
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 |
| 03 Wed Jul 2024 | 43.28 | 44.55 | 44.67 | 42.25 | 0.166 times |
| 28 Fri Jun 2024 | 44.44 | 40.17 | 44.55 | 38.96 | 0.815 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 |
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 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 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 neutral. A longer time frame might give a better analysis.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mgm Resorts is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 42.82 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 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 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 neutral. A longer time frame might give a better analysis.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Mgm Resorts is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 42.82 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.