(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 2024-08-26 View latest technical analysis
10 day averaged volume of Mgm Resorts is 3819945
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 38.04 | 39.28 | 39.29 | 37.79 | 1.049 times |
| 23 Fri Aug 2024 | 38.93 | 38.85 | 39.26 | 38.56 | 1.342 times |
| 22 Thu Aug 2024 | 38.74 | 39.70 | 39.70 | 38.72 | 0.965 times |
| 21 Wed Aug 2024 | 39.50 | 39.71 | 40.02 | 39.44 | 0.818 times |
| 20 Tue Aug 2024 | 39.40 | 40.05 | 40.10 | 39.31 | 0.884 times |
| 19 Mon Aug 2024 | 40.07 | 39.08 | 40.09 | 39.04 | 0.886 times |
| 16 Fri Aug 2024 | 38.90 | 39.04 | 39.65 | 38.83 | 0.891 times |
| 15 Thu Aug 2024 | 39.20 | 38.89 | 39.41 | 38.72 | 1.118 times |
| 14 Wed Aug 2024 | 38.08 | 38.28 | 38.57 | 37.58 | 0.872 times |
| 13 Tue Aug 2024 | 38.16 | 37.51 | 38.38 | 37.32 | 1.287 times |
My analysis of stock is bearish for shortterm, and stock might move down till 36.1 or till 33.6. Use a stoploss of 38.27 and if the stock hits stoploss, then it can shoot up till 40.41
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 33.44 |
| Downside Target | 35.00 |
| Downside Target | 37.05 |
| Downside Target | 37.79 |
| Upside Target | 40.10 |
| Upside Target | 40.35 |
| Upside Target | 41.26 |
| Upside Target | 43.50 |
| Upside Target | 43.99 |
| Upside Target | 44.55 |
| Upside Target | 47.26 |
| Upside Target | 48.25 |
Intraday share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Intraday Target | 37.46 |
| Downside Intraday Target | 36.87 |
| Upside Intraday Target | 38.96 |
| Upside Intraday Target | 39.87 |
| Upside Intraday Target | 38.37 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 38.04 | 39.28 | 39.29 | 37.79 | 0.214 times |
| 23 Fri Aug 2024 | 38.93 | 39.08 | 40.10 | 38.56 | 0.959 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 |
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 |
| 26 Mon Aug 2024 | 38.04 | 40.05 | 40.35 | 33.44 | 1.552 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, and volume has increased substantially. This means that the move can 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 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 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 gaining momentum.
MACD generated a BUY signal for Mgm Resorts in short term but the buy signal is initial and weak.
Mgm Resorts Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 38.86 and Mgm Resorts (MGM) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Mgm Resorts in short term but the buy signal is initial and weak.
Mgm Resorts Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 38.86 and Mgm Resorts (MGM) stock is trading below this level. This means that stock is falling with high volumes. 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.