Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-23 View latest technical analysis

10 day averaged volume of Mgm Resorts is 2893369

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	43.78	43.66	43.80	43.30	1.225 times
22 Mon Jul 2024	43.77	45.40	45.54	43.60	1.389 times
19 Fri Jul 2024	45.37	45.30	45.56	44.71	0.741 times
18 Thu Jul 2024	45.30	45.98	46.88	45.24	0.893 times
17 Wed Jul 2024	46.19	46.45	47.26	46.08	0.966 times
16 Tue Jul 2024	46.78	46.29	46.98	46.06	0.939 times
15 Mon Jul 2024	46.15	46.04	46.43	45.83	0.791 times
12 Fri Jul 2024	46.11	46.01	46.56	45.91	0.898 times
11 Thu Jul 2024	45.84	44.26	46.08	44.20	1.637 times
10 Wed Jul 2024	43.91	43.99	44.01	43.46	0.813 times

My analysis of stock is bearish for shortterm, and stock might move down till 42.9 or till 41.3. Use a stoploss of 44.28 and if the stock hits stoploss, then it can shoot up till 45.63

Share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Target	38.03
Downside Target	38.96
Downside Target	41.25
Downside Target	42.25
Upside Target	44.67
Upside Target	44.71
Upside Target	45.54
Upside Target	46.56
Upside Target	47.26
Upside Target	47.55
Upside Target	48.25

Intraday share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Intraday Target	42.87
Downside Intraday Target	41.97
Upside Intraday Target	45.11
Upside Intraday Target	46.45
Upside Intraday Target	44.21

Weekly technical analysis of Mgm Resorts (MGM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	43.78	45.40	45.54	43.30	0.604 times
19 Fri Jul 2024	45.37	46.04	47.26	44.71	0.834 times
12 Fri Jul 2024	46.11	43.26	46.56	43.01	2.15 times
05 Fri Jul 2024	43.04	42.98	43.98	42.60	0.754 times
03 Wed Jul 2024	43.28	44.55	44.67	42.25	0.52 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
23 Tue Jul 2024	43.78	44.55	47.26	42.25	0.729 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell signal is initial and weak.

Mgm Resorts Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Mgm Resorts in short term and SELL 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

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 45.25 and Mgm Resorts (MGM) stock is trading below this level. This means that stock is falling with high volumes. 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 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.