MGM RESORTS INTERNATIONAL (MGM) Stock Technical Analysis
NYSE:MGM - New York Stock Exchange, Inc. - US5529531015 - Common Stock - Currency: USD
Overall MGM gets a technical rating of 4 out of 10. In the past year, MGM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
78% of all other stocks performed better in the past year than MGM.
MGM is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 68% of 135 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
MGM has an average volume of 4781250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MGM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MGM is lagging the market.
In the last month MGM has a been trading in the 32.67 - 41.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MGM has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
35.64
47.21
4 important resistance areas can be observed.
- A resistance zone ranging from 39.82 to 40.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.10 from a horizontal line in the daily time frame.
- A resistance zone ranging from 42.97 to 43.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @46.74 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.82
Mansfield-1.52
10 Day High41.32
10 Day Low33.79
20 Day High41.32
20 Day Low32.67
52 Week High48.25
52 Week Low31.61
Performance
1 Week-10.82%
2 Weeks4.41%
1 Month8.7%
3 Month-4.76%
6 Month-7.53%
12 Month-15.45%
2 Year-16.3%
3 Year-18.72%
5 Year46.58%
10 Year65.67%
15 Year241.56%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.29
RSI(14)51.66
LBB31.67
UBB40.6
36
-2.3 (-6.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-6.01%
1 Week-10.82%
2 Weeks4.41%
1 Month8.7%
3 Month-4.76%
6 Month-7.53%
12 Month-15.45%
2 Year-16.3%
3 Year-18.72%
5 Year46.58%
10 Year65.67%
15 Year241.56%
Volatility
ATR(14)1.46
ATR(20)%3.49%
ATR Inc11.65%
Range Today2.44
ADR(20)1.05
ADR(20)%2.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.82
Mansfield-1.52
10 Day High41.32
10 Day Low33.79
20 Day High41.32
20 Day Low32.67
52 Week High48.25
52 Week Low31.61
CS1 EndN/A
CR1 Start39.82
Volume & EV
DER(3)-3.14%
DER(5)-2.65%
Volume5.17M
Volume Incr-4.03%
Vol(5)5.07M
Vol(50)4.78M