MGM RESORTS INTERNATIONAL (MGM) Technical Analysis
NYSE:MGM • US5529531015
35.64 USD
+0.07 (+0.2%)
At close: Mar 9, 2026
35.55 USD
-0.09 (-0.25%)
Pre-Market: 3/10/2026, 7:01:37 AM
Overall MGM gets a technical rating of 3 out of 10. 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.
- In the last month MGM has a been trading in the 33.45 - 38.14 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- MGM has an average volume of 4867770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, MGM outperforms 50% of them, which is more or less in line with the market.
- MGM is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 64% of 126 stocks in the same industry.
- 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.
Although the technical rating is bad, MGM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 34.47, a Stop Loss order could be placed below this zone.
More info and screens
30.40
40.21
When analyzing the support we can see 2 important areas.
- A support zone ranging from 33.94 to 34.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
4 important resistance areas can be observed.
- A resistance zone ranging from 36.04 to 36.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 37.44 to 37.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 38.76 to 38.84. 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 | 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 | 50.58 | NEUTRAL | MGM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MGM is above a declining 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) | 49.27 | 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. |
| Stochastics (14,3) | 58.12 | NEUTRAL | The Stochastics value for MGM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.93 | MEDIUM VOLATILITY | The ATR as a percentage value for MGM suggests some volalility. |
| Average Directional Index/ADX (14) | 11.99 | 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)
MGM Technicals: Chart, Performance Metrics, Trend & Indicators
35.64
+0.07 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.2%
1 Week-0.22%
2 Weeks4.06%
1 Month-4.93%
3 Month-4.71%
6 Month3.15%
12 Month12.22%
2 Year-24.51%
3 Year-19.77%
5 Year-6.19%
10 Year66.23%
15 Year171.03%
Volatility
ATR(14)1.82
ATR(20)%4.93%
ATR Inc28.66%
Range Today2.45
ADR(20)1.63
ADR(20)%4.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.58
3 months CRS32.74
6 months CRS62.13
Mansfield-0.24
10 Day High38
10 Day Low33.45
20 Day High38.14
20 Day Low33.45
52 Week High40.16
52 Week Low25.3
CS1 End34.47
CR1 Start36.04
Volume & EV
DER(3)0.72%
DER(5)1.2%
Volume7.07M
Volume Incr-10.76%
Vol(5)5.06M
Vol(50)4.87M
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 49.2659. 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 34.47 and a resistance level at 36.04. Check the full technical report for our detailed analysis of MGM support and resistance levels.