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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 2024-10-02 View latest technical analysis

10 day averaged volume of Mgm Resorts is 5913360

Date	Daily Closing Price	Open	High	Low	Volume
02 Wed Oct 2024	39.62	38.59	39.76	38.50	0.745 times
01 Tue Oct 2024	38.62	38.80	39.00	37.98	0.697 times
30 Mon Sep 2024	39.09	39.59	39.78	38.83	0.672 times
27 Fri Sep 2024	39.62	38.80	40.16	38.70	0.961 times
26 Thu Sep 2024	38.31	38.18	38.58	37.76	0.774 times
25 Wed Sep 2024	37.18	37.30	37.86	37.02	0.644 times
24 Tue Sep 2024	37.35	37.67	38.30	36.92	1.042 times
23 Mon Sep 2024	36.85	37.30	37.60	36.54	1.148 times
20 Fri Sep 2024	37.31	37.67	37.75	36.72	1.91 times
19 Thu Sep 2024	37.75	37.90	38.23	37.47	1.015 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 40.2, for a target of 38.5 or 37.04

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
Downside Target	37.32
Upside Target	39.76
Upside Target	39.78
Upside Target	40.16
Upside Target	40.35
Upside Target	41.26
Upside Target	44.55
Upside Target	47.26

Intraday share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Intraday Target	38.47
Downside Intraday Target	37.33
Upside Intraday Target	40.27
Upside Intraday Target	40.93
Downside Intraday Target	39.13

Weekly technical analysis of Mgm Resorts (MGM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Wed Oct 2024	39.62	39.59	39.78	37.98	0.463 times
27 Fri Sep 2024	39.62	37.30	40.16	36.54	0.799 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

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
02 Wed Oct 2024	39.62	38.80	39.76	37.98	0.081 times
30 Mon Sep 2024	39.09	37.23	40.16	34.16	0.788 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

Scroll below to view daily charts

Price has moved up 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Mgm Resorts in short term and the buy signal is strong.

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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 38.01 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.