(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 2024-08-19 View latest technical analysis
10 day averaged volume of Mgm Resorts is 5624058
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 40.07 | 39.08 | 40.09 | 39.04 | 0.602 times |
| 16 Fri Aug 2024 | 38.90 | 39.04 | 39.65 | 38.83 | 0.605 times |
| 15 Thu Aug 2024 | 39.20 | 38.89 | 39.41 | 38.72 | 0.759 times |
| 14 Wed Aug 2024 | 38.08 | 38.28 | 38.57 | 37.58 | 0.593 times |
| 13 Tue Aug 2024 | 38.16 | 37.51 | 38.38 | 37.32 | 0.874 times |
| 12 Mon Aug 2024 | 37.28 | 37.27 | 37.87 | 37.05 | 0.637 times |
| 09 Fri Aug 2024 | 37.13 | 37.35 | 37.74 | 37.06 | 0.748 times |
| 08 Thu Aug 2024 | 37.49 | 36.85 | 37.96 | 36.85 | 0.972 times |
| 07 Wed Aug 2024 | 36.44 | 36.79 | 37.58 | 36.40 | 1.746 times |
| 06 Tue Aug 2024 | 35.40 | 34.25 | 35.95 | 34.24 | 1.29 times |
My analysis of stock is bullish for shortterm, and stock might move up till 42 or till 45.4. Use a stoploss of 39.15 and if this stock hits its stoploss, then it can fall down till 36.29
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 33.44 |
| Downside Target | 35.00 |
| Downside Target | 37.05 |
| Downside Target | 37.96 |
| Downside Target | 38.96 |
| Upside Target | 41.26 |
| Upside Target | 41.33 |
| Upside Target | 43.50 |
| Upside Target | 43.99 |
| Upside Target | 44.55 |
| Upside Target | 45.54 |
| Upside Target | 47.26 |
| Upside Target | 48.25 |
Intraday share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Intraday Target | 39.38 |
| Downside Intraday Target | 38.68 |
| Upside Intraday Target | 40.43 |
| Upside Intraday Target | 40.78 |
| Downside Intraday Target | 39.73 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 40.07 | 39.08 | 40.09 | 39.04 | 0.174 times |
| 16 Fri Aug 2024 | 38.90 | 37.27 | 39.65 | 37.05 | 0.531 times |
| 09 Fri Aug 2024 | 37.13 | 33.79 | 37.96 | 33.44 | 0.826 times |
| 02 Fri Aug 2024 | 35.48 | 41.26 | 43.99 | 35.00 | 2.578 times |
| 26 Fri Jul 2024 | 41.84 | 45.40 | 45.54 | 41.33 | 1.377 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 |
| 19 Mon Aug 2024 | 40.07 | 40.05 | 40.35 | 33.44 | 1.285 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 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mgm Resorts in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgm Resorts Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mgm Resorts in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 37.46 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 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 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mgm Resorts in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mgm Resorts Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mgm Resorts in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 37.46 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.