MGM RESORTS INTERNATIONAL (MGM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MGM - US5529531015 - Common Stock
Overall MGM gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MGM is only an average performer.
Although MGM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
30.40
2 important support areas can be observed.
- Support @33.41 from a trend line in the weekly time frame.
- A support zone ranging from 30.71 to 31.68. 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 36.80 to 37.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.84 to 39.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 39.70 to 39.81. 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 | UP | POSITIVE | The long term trend for MGM is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MGM is neutral. |
| ChartMill Relative Strength | 73.32 | POSITIVE | MGM has a high relative strength, it outperformed 73.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MGM is below the rising 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) | 49.19 | NEUTRAL | The RSI value for MGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests MGM has a negative trend. |
| Stochastics (14,3) | 18.54 | OVERSOLD | The low Stochastics value suggests MGM may be oversold. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for MGM suggests some volalility. |
| Average Directional Index/ADX (14) | 24.13 | NEUTRAL | The ADX value for MGM suggests a possible start of a new trend. |
NYSE:MGM (1/6/2026, 3:23:04 PM)
35.955
-0.01 (-0.01%)
MGM RESORTS INTERNATIONAL / MGM FAQ
What is the technical rating for MGM stock?
ChartMill assigns a technical rating of 7 / 10 to MGM.
Can you provide the trend direction for MGM RESORTS INTERNATIONAL?
The current trend direction for MGM RESORTS INTERNATIONAL (MGM) is Bullish.
Can you provide the RSI signal for MGM RESORTS INTERNATIONAL?
MGM RESORTS INTERNATIONAL (MGM) has an RSI value of 49.1853. 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 33.41 and a resistance level at 36.8. Check the full technical report for our detailed analysis of MGM support and resistance levels.