MGM RESORTS INTERNATIONAL (MGM) Stock Technical Analysis
NYSE:MGM - US5529531015 - Common Stock
37.33 USD
+1.11 (+3.06%)
Taking everything into account, MGM scores 5 out of 10 in our technical rating. In the last year, MGM was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
MGM has an average volume of 4833050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, MGM turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
MGM is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 52% of 131 stocks in the same industry.
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 33.85 - 39.29 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 upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
30.55
39.24
When analyzing the support we can see 5 important areas.
- A support zone ranging from 35.81 to 36.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 35.08 to 35.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 34.17 to 34.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.09 from a trend line in the daily time frame.
- Support @30.86 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 37.87 to 38.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MGM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MGM is neutral. |
| ChartMill Relative Strength | 52 | NEUTRAL | MGM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MGM is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MGM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MGM is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.91 | NEUTRAL | The RSI value for MGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MGM has a positive trend. |
| Stochastics (14,3) | 83.36 | OVERBOUGHT | The high Stochastics value suggests MGM may be overbought. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for MGM suggests some volalility. |
| Average Directional Index/ADX (14) | 16.54 | NEGATIVE | The low ADX value for MGM suggests a weak or negative trend. |
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)
NYSE:MGM (8/22/2025, 10:24:02 AM)
37.33
+1.11 (+3.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg3.06%
1 Week-0.3%
2 Weeks4.35%
1 Month-3.05%
3 Month15.53%
6 Month0.61%
12 Month-6.96%
2 Year-17.64%
3 Year10.97%
5 Year60.98%
10 Year77.29%
15 Year302%
Volatility
ATR(14)0.85
ATR(20)%2.93%
ATR Inc-45.31%
Range Today1.17
ADR(20)0.97
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
CRS52
Mansfield-0.41
10 Day High36.92
10 Day Low33.85
20 Day High39.29
20 Day Low33.85
52 Week High42.54
52 Week Low25.3
CS1 End36.14
CR1 Start37.87
Volume & EV
DER(3)5.35%
DER(5)3.26%
Volume677.66K
Volume Incr-30.87%
Vol(5)3.52M
Vol(50)4.83M