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(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 2024-09-24 View latest technical analysis

10 day averaged volume of Mgm Resorts is 5645770

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	37.35	37.67	38.30	36.92	1.091 times
23 Mon Sep 2024	36.85	37.30	37.60	36.54	1.203 times
20 Fri Sep 2024	37.31	37.67	37.75	36.72	2 times
19 Thu Sep 2024	37.75	37.90	38.23	37.47	1.063 times
18 Wed Sep 2024	36.96	37.37	37.94	36.79	1.191 times
17 Tue Sep 2024	37.21	37.04	37.23	36.57	0.838 times
16 Mon Sep 2024	36.44	36.50	36.89	35.89	0.897 times
13 Fri Sep 2024	36.51	36.15	37.32	36.11	0.914 times
12 Thu Sep 2024	35.90	35.43	35.99	35.00	0.718 times
11 Wed Sep 2024	35.38	34.84	35.45	34.16	0.608 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 37.5 as stoploss in an intra day sell trade for a target of 36.54. However, stock will show a bullish move above 37.5.

Share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Target	33.44
Downside Target	34.16
Downside Target	34.87
Downside Target	35.89
Upside Target	38.30
Upside Target	38.96
Upside Target	40.35
Upside Target	41.26
Upside Target	43.50
Upside Target	44.55
Upside Target	47.26

Intraday share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Intraday Target	36.49
Downside Intraday Target	35.64
Upside Intraday Target	38.25
Upside Intraday Target	39.16
Upside Intraday Target	37.4

Weekly technical analysis of Mgm Resorts (MGM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	37.35	37.30	38.30	36.54	0.383 times
20 Fri Sep 2024	37.31	36.50	38.23	35.89	1.684 times
13 Fri Sep 2024	36.51	35.25	37.32	34.16	1.012 times
06 Fri Sep 2024	35.01	37.23	37.37	34.87	4.281 times
30 Fri Aug 2024	37.59	37.68	37.68	36.87	0.23 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
24 Tue Sep 2024	37.35	37.23	38.30	34.16	0.652 times
30 Fri Aug 2024	37.59	40.05	40.35	33.44	1.839 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

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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 tired and bears are picking up momentum.

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 and selling is picking up 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 36.91 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.