MGM RESORTS INTERNATIONAL (MGM) Stock Technical Analysis
NYSE:MGM - New York Stock Exchange, Inc. - US5529531015 - Common Stock - Currency: USD
Overall MGM gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. MGM was also a bad performer in the overall market in the last year.
78% 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 135 stocks in the same industry do better.
MGM has an average volume of 5991610 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.
MGM is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MGM is lagging the market slightly.
In the last month MGM has a been trading in the 30.21 - 35.10 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 downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
31.06
41.51
4 important resistance areas can be observed.
- A resistance zone ranging from 33.56 to 34.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @36.96 from a trend line in the weekly time frame.
- A resistance zone ranging from 38.67 to 38.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @41.10 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.24
Mansfield-1.6
10 Day High35.1
10 Day Low31.27
20 Day High35.1
20 Day Low30.21
52 Week High47.26
52 Week Low25.3
Performance
1 Week-10.24%
2 Weeks-1.17%
1 Month1.95%
3 Month-12.86%
6 Month-17.01%
12 Month-21.02%
2 Year-20.16%
3 Year-10.29%
5 Year82.6%
10 Year56.46%
15 Year151.77%
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)-0.1
RSI(14)44.95
LBB30.5
UBB35.62
31.37
-1.53 (-4.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-4.65%
1 Week-10.24%
2 Weeks-1.17%
1 Month1.95%
3 Month-12.86%
6 Month-17.01%
12 Month-21.02%
2 Year-20.16%
3 Year-10.29%
5 Year82.6%
10 Year56.46%
15 Year151.77%
Volatility
ATR(14)1.08
ATR(20)%3.71%
ATR Inc6.19%
Range Today1.25
ADR(20)1.02
ADR(20)%3.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.24
Mansfield-1.6
10 Day High35.1
10 Day Low31.27
20 Day High35.1
20 Day Low30.21
52 Week High47.26
52 Week Low25.3
CS1 EndN/A
CR1 Start33.56
Volume & EV
DER(3)0.17%
DER(5)0.41%
Volume6.22M
Volume Incr-19.68%
Vol(5)4.42M
Vol(50)5.99M