(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.
10 day averaged volume of Mgm Resorts is 4739300
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 40.04 | 40.25 | 40.65 | 39.97 | 0.935 times |
| 07 Tue May 2024 | 40.64 | 40.99 | 41.09 | 40.50 | 0.696 times |
| 06 Mon May 2024 | 41.01 | 41.40 | 41.74 | 40.52 | 0.951 times |
| 03 Fri May 2024 | 41.04 | 41.40 | 41.64 | 40.74 | 0.924 times |
| 02 Thu May 2024 | 40.87 | 43.50 | 43.50 | 40.62 | 1.575 times |
| 01 Wed May 2024 | 39.75 | 38.92 | 40.41 | 38.64 | 1.553 times |
| 30 Tue Apr 2024 | 39.44 | 41.27 | 41.30 | 39.35 | 1.225 times |
| 29 Mon Apr 2024 | 41.61 | 41.67 | 42.00 | 41.41 | 0.895 times |
| 26 Fri Apr 2024 | 41.09 | 41.69 | 42.38 | 41.06 | 0.988 times |
| 25 Thu Apr 2024 | 42.18 | 42.37 | 42.56 | 42.06 | 0.641 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.5, but if it comes above 40.5, then a intra day buy could be more profitable.
If you take a sell trade below 40.5, then use 40.5 as stoploss and 39 as target. However if you take a buy trade in stock , then use 40.5 as stoploss and 41.75 as target.
Share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Target | 38.64 |
| Upside Target | 41.06 |
| Upside Target | 43.28 |
| Upside Target | 43.50 |
| Upside Target | 43.95 |
| Upside Target | 45.91 |
| Upside Target | 47.11 |
| Upside Target | 47.53 |
| Upside Target | 47.55 |
| Upside Target | 48.25 |
Intraday share price targets for Mgm Resorts (MGM)
| Target Type | Value |
| Downside Intraday Target | 39.43 |
| Downside Intraday Target | 38.81 |
| Upside Intraday Target | 41.2 |
| Upside Intraday Target | 42.35 |
| Upside Intraday Target | 40.58 |
Weekly technical analysis of Mgm Resorts (MGM)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 40.04 | 41.40 | 41.74 | 39.97 | 0.418 times |
| 03 Fri May 2024 | 41.04 | 41.67 | 43.50 | 38.64 | 1.981 times |
| 26 Fri Apr 2024 | 41.09 | 43.00 | 43.28 | 41.06 | 0.944 times |
| 19 Fri Apr 2024 | 42.42 | 43.08 | 43.95 | 41.52 | 1.06 times |
| 12 Fri Apr 2024 | 42.48 | 46.75 | 47.11 | 42.34 | 1.111 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 |
| 08 Wed May 2024 | 40.04 | 38.92 | 43.50 | 38.64 | 0.459 times |
| 30 Tue Apr 2024 | 39.44 | 47.49 | 48.25 | 39.35 | 1.09 times |
| 28 Thu Mar 2024 | 47.21 | 42.95 | 47.55 | 41.25 | 0.633 times |
| 29 Thu Feb 2024 | 43.28 | 43.98 | 47.53 | 41.60 | 1.077 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mgm Resorts in short term and the sell 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 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 but selling is losing 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 40.64 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mgm Resorts ( (MGM) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mgm Resorts in short term and the sell 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 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 but selling is losing 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 40.64 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.