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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 2024-10-17 View latest technical analysis

10 day averaged volume of Mgm Resorts is 3335060

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	40.58	39.58	40.61	39.58	1.022 times
16 Wed Oct 2024	39.90	39.69	39.98	39.39	0.778 times
15 Tue Oct 2024	39.39	40.14	40.37	39.34	0.839 times
14 Mon Oct 2024	40.24	39.24	40.29	39.20	0.934 times
11 Fri Oct 2024	39.66	39.52	40.23	39.52	0.701 times
10 Thu Oct 2024	39.59	39.97	40.04	39.48	0.804 times
09 Wed Oct 2024	40.18	39.66	40.34	39.55	0.93 times
08 Tue Oct 2024	39.81	40.35	40.39	38.44	1.51 times
07 Mon Oct 2024	41.10	40.50	41.64	40.43	1.357 times
04 Fri Oct 2024	40.43	40.34	40.47	39.75	1.09 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40.4, but if it comes below 40.4, then a intra day sell could be more profitable.
If you take a sell trade below 40.4, then use 40.4 as stoploss and 39.23 as target. However if you take a buy trade in stock , then use 40.4 as stoploss and 41.9 as target.

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
Downside Target	40.16
Downside Target	40.47
Upside Target	40.61
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	39.65
Downside Intraday Target	38.72
Upside Intraday Target	41.06
Upside Intraday Target	41.54
Downside Intraday Target	40.13

Weekly technical analysis of Mgm Resorts (MGM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	40.58	39.24	40.61	39.20	0.674 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
17 Thu Oct 2024	40.58	38.80	41.64	37.98	0.432 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 weakening, and bulls 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 SELL signal in short term but selling is losing 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 40.15 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.