(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 2024-07-25 View latest technical analysis
10 day averaged volume of Mgm Resorts is 3073081
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Jul 2024 | 41.44 | 42.50 | 42.78 | 41.40 | 1.187 times |
| 24 Wed Jul 2024 | 42.44 | 43.32 | 43.78 | 42.39 | 1.076 times |
| 23 Tue Jul 2024 | 43.78 | 43.66 | 43.80 | 43.30 | 1.153 times |
| 22 Mon Jul 2024 | 43.77 | 45.40 | 45.54 | 43.60 | 1.308 times |
| 19 Fri Jul 2024 | 45.37 | 45.30 | 45.56 | 44.71 | 0.698 times |
| 18 Thu Jul 2024 | 45.30 | 45.98 | 46.88 | 45.24 | 0.841 times |
| 17 Wed Jul 2024 | 46.19 | 46.45 | 47.26 | 46.08 | 0.91 times |
| 16 Tue Jul 2024 | 46.78 | 46.29 | 46.98 | 46.06 | 0.884 times |
| 15 Mon Jul 2024 | 46.15 | 46.04 | 46.43 | 45.83 | 0.745 times |
| 12 Fri Jul 2024 | 46.11 | 46.01 | 46.56 | 45.91 | 0.845 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 41, for a target of 42.7 or 44.19
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 38.03 |
| Downside Target | 38.96 |
| Downside Target | 41.25 |
| Upside 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 | 40.05 |
| Downside Intraday Target | 38.65 |
| Upside Intraday Target | 44.19 |
| Upside Intraday Target | 46.93 |
| Upside Intraday Target | 42.79 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Jul 2024 | 41.44 | 45.40 | 45.54 | 41.40 | 1.159 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 |
| 25 Thu Jul 2024 | 41.44 | 44.55 | 47.26 | 41.40 | 0.828 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Strong and stock is gaining 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 coming down
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 44.48 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 has given negative 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Strong and stock is gaining 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 coming down
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 44.48 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 has given negative 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.