MGM RESORTS INTERNATIONAL (MGM) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:MGM • US5529531015
Taking everything into account, MGM scores 3 out of 10 in our technical rating. MGM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- MGM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MGM is lagging the market slightly.
- In the last month MGM has a been trading in the 32.14 - 36.33 range, which is quite wide. It is currently trading near the high of this range.
- MGM has an average volume of 4256230 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 46% of all stocks.
- MGM is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 66% of 132 stocks in the same industry.
The technical rating of MGM is bad and it also does not present a 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
30.40
2 important support areas can be observed.
- Support @32.93 from a trend line in the daily time frame.
- A support zone ranging from 30.71 to 31.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 37.06 to 37.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 38.84 to 38.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.81 from a horizontal line in the weekly time frame.
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 | 46.69 | 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) | UP | POSITIVE | The current price of MGM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.63 | NEUTRAL | The RSI value for MGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MGM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.92 | NEUTRAL | The Stochastics value for MGM is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for MGM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.9 | NEGATIVE | The low ADX value for MGM suggests a weak or negative trend. |
NYSE:MGM (2/4/2026, 2:13:09 PM)
36.97
+2.8 (+8.19%)
MGM RESORTS INTERNATIONAL / MGM FAQ
What is the technical rating for MGM stock?
ChartMill assigns a technical rating of 3 / 10 to MGM.
Can you provide the trend direction for MGM RESORTS INTERNATIONAL?
The current trend direction for MGM RESORTS INTERNATIONAL (MGM) is Bearish.
Can you provide the RSI signal for MGM RESORTS INTERNATIONAL?
MGM RESORTS INTERNATIONAL (MGM) has an RSI value of 47.626. This indicates that the stock is currently neutral.
What is the short term momentum for MGM RESORTS INTERNATIONAL (MGM) stock?
The short term momentum for MGM RESORTS INTERNATIONAL (MGM) is neutral.
What are the support and resistance levels for MGM RESORTS INTERNATIONAL (MGM) stock?
MGM RESORTS INTERNATIONAL (MGM) has a support level at 32.93 and a resistance level at 37.06. Check the full technical report for our detailed analysis of MGM support and resistance levels.