(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 2024-08-28 View latest technical analysis
10 day averaged volume of Mgm Resorts is 3692182
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 37.06 | 37.78 | 37.94 | 36.47 | 1.214 times |
| 27 Tue Aug 2024 | 38.01 | 38.00 | 38.24 | 37.63 | 0.87 times |
| 26 Mon Aug 2024 | 38.04 | 39.28 | 39.29 | 37.79 | 1.085 times |
| 23 Fri Aug 2024 | 38.93 | 38.85 | 39.26 | 38.56 | 1.389 times |
| 22 Thu Aug 2024 | 38.74 | 39.70 | 39.70 | 38.72 | 0.998 times |
| 21 Wed Aug 2024 | 39.50 | 39.71 | 40.02 | 39.44 | 0.846 times |
| 20 Tue Aug 2024 | 39.40 | 40.05 | 40.10 | 39.31 | 0.914 times |
| 19 Mon Aug 2024 | 40.07 | 39.08 | 40.09 | 39.04 | 0.917 times |
| 16 Fri Aug 2024 | 38.90 | 39.04 | 39.65 | 38.83 | 0.922 times |
| 15 Thu Aug 2024 | 39.20 | 38.89 | 39.41 | 38.72 | 1.157 times |
My analysis of stock is bearish for shortterm, and stock might move down till 36.2 or till 34.4. Use a stoploss of 37.73 and if the stock hits stoploss, then it can shoot up till 39.22
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 33.44 |
| Downside Target | 35.00 |
| Downside Target | 36.47 |
| Upside Target | 37.96 |
| 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 | 35.92 |
| Downside Intraday Target | 34.79 |
| Upside Intraday Target | 38.74 |
| Upside Intraday Target | 40.43 |
| Upside Intraday Target | 37.61 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 37.06 | 39.28 | 39.29 | 36.47 | 0.626 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 |
| 28 Wed Aug 2024 | 37.06 | 40.05 | 40.35 | 33.44 | 1.659 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 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 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 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 BUY signal for Mgm Resorts in short term but the buy 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 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
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 38.74 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 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 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 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 BUY signal for Mgm Resorts in short term but the buy 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 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
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 38.74 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.