(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 2024-08-01 View latest technical analysis
10 day averaged volume of Mgm Resorts is 3321567
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 37.29 | 40.05 | 40.35 | 36.62 | 6.154 times |
| 31 Wed Jul 2024 | 42.97 | 43.13 | 43.99 | 42.93 | 1.474 times |
| 30 Tue Jul 2024 | 42.78 | 42.76 | 43.50 | 42.63 | 0.892 times |
| 29 Mon Jul 2024 | 42.78 | 41.26 | 43.15 | 41.26 | 1.017 times |
| 26 Fri Jul 2024 | 41.84 | 42.22 | 42.22 | 41.33 | 0.824 times |
| 25 Thu Jul 2024 | 41.44 | 42.50 | 42.78 | 41.40 | 1.098 times |
| 24 Wed Jul 2024 | 42.44 | 43.32 | 43.78 | 42.39 | 0.995 times |
| 23 Tue Jul 2024 | 43.78 | 43.66 | 43.80 | 43.30 | 1.067 times |
| 22 Mon Jul 2024 | 43.77 | 45.40 | 45.54 | 43.60 | 1.21 times |
| 19 Fri Jul 2024 | 45.37 | 45.30 | 45.56 | 44.71 | 0.646 times |
Stock of Mgm Resorts (MGM) has showed a significant fall. This could be a good time to exit from this stock.
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 39.1, for a target of 41.6 or 43.76
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 36.62 |
| Upside Target | 38.03 |
| Upside Target | 38.96 |
| Upside Target | 40.35 |
| Upside Target | 41.26 |
| Upside 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 | 48.25 |
Intraday share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Intraday Target | 34.61 |
| Downside Intraday Target | 31.93 |
| Upside Intraday Target | 41.98 |
| Upside Intraday Target | 46.67 |
| Upside Intraday Target | 39.3 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 37.29 | 41.26 | 43.99 | 36.62 | 1.836 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mgm Resorts (MGM)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Thu Aug 2024 | 37.29 | 40.05 | 40.35 | 36.62 | 0.283 times |
| 31 Wed Jul 2024 | 42.97 | 44.55 | 47.26 | 41.26 | 1.027 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 and the sell signal is strong.
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 red color and prices are below the red 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
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 40.69 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 negative.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 and the sell signal is strong.
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 red color and prices are below the red 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
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 40.69 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.