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 2024-07-29 View latest technical analysis

10 day averaged volume of Mgm Resorts is 2978011

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	42.78	41.26	43.15	41.26	1.135 times
26 Fri Jul 2024	41.84	42.22	42.22	41.33	0.919 times
25 Thu Jul 2024	41.44	42.50	42.78	41.40	1.225 times
24 Wed Jul 2024	42.44	43.32	43.78	42.39	1.11 times
23 Tue Jul 2024	43.78	43.66	43.80	43.30	1.19 times
22 Mon Jul 2024	43.77	45.40	45.54	43.60	1.349 times
19 Fri Jul 2024	45.37	45.30	45.56	44.71	0.72 times
18 Thu Jul 2024	45.30	45.98	46.88	45.24	0.867 times
17 Wed Jul 2024	46.19	46.45	47.26	46.08	0.939 times
16 Tue Jul 2024	46.78	46.29	46.98	46.06	0.912 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 42.5 as stoploss in an intra day buy trade for a target of 44.05. However, stock will show a bearish move below 42.5.

Share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Target	38.03
Downside Target	38.96
Downside Target	41.25
Downside Target	42.60
Upside Target	44.55
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	41.64
Downside Intraday Target	40.51
Upside Intraday Target	43.53
Upside Intraday Target	44.29
Downside Intraday Target	42.4

Weekly technical analysis of Mgm Resorts (MGM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	42.78	41.26	43.15	41.26	0.196 times
26 Fri Jul 2024	41.84	45.40	45.54	41.33	1.377 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

Price has moved up 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
29 Mon Jul 2024	42.78	44.55	47.26	41.26	0.915 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 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 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 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 weakening, and bulls are picking up momentum!

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 buy signal for Mgm Resorts in short term but BUY 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 43.8 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.