MGM RESORTS INTERNATIONAL (MGM) Stock Technical Analysis
NYSE:MGM - New York Stock Exchange, Inc. - US5529531015 - Common Stock - Currency: USD
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.
77% 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. 61% of 136 stocks in the same industry do better.
MGM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
MGM has an average volume of 6218970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MGM has a been trading in the 25.30 - 32.68 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MGM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
28.61
47.21
We can see 7 important resistance areas.
- A resistance zone ranging from 32.38 to 32.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 37.98 to 38.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @40.19 from a trend line in the daily time frame.
- Resistance @41.10 from a horizontal line in the daily time frame.
- Resistance @42.28 from a trend line in the weekly time frame.
- Resistance @42.97 from a horizontal line in the daily time frame.
- 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
CRS23.62
Mansfield-1.7
10 Day High30.24
10 Day Low25.3
20 Day High32.68
20 Day Low25.3
52 Week High47.26
52 Week Low25.3
Performance
1 Week0.52%
2 Weeks3.58%
1 Month-11.16%
3 Month-12.02%
6 Month-29.84%
12 Month-31.87%
2 Year-35.66%
3 Year-29.58%
5 Year71.72%
10 Year36.64%
15 Year81.88%
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)0.18
RSI(14)44.75
LBB25.84
UBB31.57
28.9
+0.44 (+1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg1.55%
1 Week0.52%
2 Weeks3.58%
1 Month-11.16%
3 Month-12.02%
6 Month-29.84%
12 Month-31.87%
2 Year-35.66%
3 Year-29.58%
5 Year71.72%
10 Year36.64%
15 Year81.88%
Volatility
ATR(14)1.94
ATR(20)%5.73%
ATR Inc-35.76%
Range Today0.88
ADR(20)1.49
ADR(20)%5.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.62
Mansfield-1.7
10 Day High30.24
10 Day Low25.3
20 Day High32.68
20 Day Low25.3
52 Week High47.26
52 Week Low25.3
CS1 EndN/A
CR1 Start32.38
Volume & EV
DER(3)1.58%
DER(5)-0.32%
Volume4.33M
Volume Incr-25.29%
Vol(5)5.31M
Vol(50)6.22M