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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 2024-10-16 View latest technical analysis

10 day averaged volume of Mgm Resorts is 3516340

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	39.90	39.69	39.98	39.39	0.738 times
15 Tue Oct 2024	39.39	40.14	40.37	39.34	0.795 times
14 Mon Oct 2024	40.24	39.24	40.29	39.20	0.885 times
11 Fri Oct 2024	39.66	39.52	40.23	39.52	0.665 times
10 Thu Oct 2024	39.59	39.97	40.04	39.48	0.762 times
09 Wed Oct 2024	40.18	39.66	40.34	39.55	0.882 times
08 Tue Oct 2024	39.81	40.35	40.39	38.44	1.432 times
07 Mon Oct 2024	41.10	40.50	41.64	40.43	1.287 times
04 Fri Oct 2024	40.43	40.34	40.47	39.75	1.034 times
03 Thu Oct 2024	39.67	39.12	39.69	38.63	1.004 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 40.3 as stoploss in an intra day sell trade for a target of 39.08. However, stock will show a bullish move above 40.3.

Share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Target	33.44
Downside Target	34.16
Downside Target	35.89
Downside Target	37.98
Upside Target	40.16
Upside Target	40.37
Upside Target	40.47
Upside Target	41.26
Upside Target	41.64
Upside Target	44.55
Upside Target	47.26

Intraday share price targets for Mgm Resorts (MGM)

Target Type	Value
Downside Intraday Target	39.28
Downside Intraday Target	38.65
Upside Intraday Target	40.45
Upside Intraday Target	40.99
Downside Intraday Target	39.82

Weekly technical analysis of Mgm Resorts (MGM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	39.90	39.24	40.37	39.20	0.481 times
11 Fri Oct 2024	39.66	40.50	41.64	38.44	0.899 times
04 Fri Oct 2024	40.43	39.59	40.47	37.98	0.728 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

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
16 Wed Oct 2024	39.90	38.80	41.64	37.98	0.4 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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 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 but BUY signal is weak.

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 40.06 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 positive

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