MGM RESORTS INTERNATIONAL (MGM) Stock Technical Analysis
NYSE:MGM - New York Stock Exchange, Inc. - US5529531015 - Common Stock
Taking everything into account, MGM scores 0 out of 10 in our technical rating. MGM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
88% 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. 77% of 134 stocks in the same industry do better.
MGM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
MGM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
MGM has an average volume of 4041900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MGM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
33.00
47.21
4 important resistance areas can be observed.
- Resistance @36.27 from a trend line in the weekly time frame.
- A resistance zone ranging from 38.35 to 38.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 42.97 to 43.43. 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
CRS12.84
Mansfield-2.42
10 Day High34.77
10 Day Low31.61
20 Day High35.14
20 Day Low31.61
52 Week High48.25
52 Week Low31.61
Performance
1 Week3.15%
2 Weeks-2.17%
1 Month-1.33%
3 Month-17.37%
6 Month-20.29%
12 Month-23.6%
2 Year-19.46%
3 Year-21.93%
5 Year7.37%
10 Year71.2%
15 Year201.54%
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)0.09
RSI(14)42.8
LBB31.81
UBB34.8
MGM RESORTS INTERNATIONAL
NYSE:MGM (1/22/2025, 11:42:09 AM)
33.33
-0.02 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.06%
1 Week3.15%
2 Weeks-2.17%
1 Month-1.33%
3 Month-17.37%
6 Month-20.29%
12 Month-23.6%
2 Year-19.46%
3 Year-21.93%
5 Year7.37%
10 Year71.2%
15 Year201.54%
Volatility
ATR(14)0.92
ATR(20)%2.69%
ATR Inc-3.04%
Range Today0.32
ADR(20)0.87
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.84
Mansfield-2.42
10 Day High34.77
10 Day Low31.61
20 Day High35.14
20 Day Low31.61
52 Week High48.25
52 Week Low31.61
CS1 EndN/A
CR1 Start36.27
Volume & EV
DER(3)-3.69%
DER(5)-2.12%
Volume1.15M
Volume Incr15.65%
Vol(5)4.94M
Vol(50)4.04M