MGM RESORTS INTERNATIONAL (MGM) Technical Analysis
NYSE:MGM • US5529531015
Current stock price
MGM Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to MGM. MGM has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- MGM is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry. MGM outperforms 76% of them.
- MGM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MGM is performing more or less in line with the market.
- In the last month MGM has a been trading in the 33.45 - 37.97 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- MGM has an average volume of 4994500 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 comparing the yearly performance of all stocks, we notice that MGM is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
MGM Weekly and Daily overview Charts
MGM Setup Rating and Analysis
Although the technical rating is only medium, MGM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 37.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 36.65, a Stop Loss order could be placed below this zone.
More info and screens
MGM Support and Resistance Analysis
30.96
3 important support areas can be observed.
- A support zone ranging from 34.74 to 36.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @32.74 from a horizontal line in the daily time frame.
- Support @31.27 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 37.44 to 37.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 38.66 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.
MGM Technical Indicator Signal Analysis
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 | 73.01 | POSITIVE | MGM has a high relative strength, it outperformed 73.01% off all stocks 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) | 51.46 | NEUTRAL | The RSI value for MGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MGM has a negative trend. |
| Stochastics (14,3) | 58.6 | NEUTRAL | The Stochastics value for MGM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for MGM suggests some volalility. |
| Average Directional Index/ADX (14) | 9.06 | NEGATIVE | The low ADX value for MGM suggests a weak or negative trend. |
MGM Chart- and CandleStick Pattern Analysis
MGM Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:MGM (4/6/2026, 11:33:06 AM)
36.73
+0.05 (+0.14%)
MGM RESORTS INTERNATIONAL / MGM TA FAQ
What is the technical rating for MGM stock?
ChartMill assigns a technical rating of 5 / 10 to MGM.
What is the current trend direction of MGM RESORTS INTERNATIONAL (MGM) stock?
The current trend direction for MGM RESORTS INTERNATIONAL (MGM) is Bearish.
What is the RSI signal for MGM RESORTS INTERNATIONAL (MGM) stock?
MGM RESORTS INTERNATIONAL (MGM) has an RSI value of 51.4648. This indicates that the stock is currently neutral.
What is the MACD signal for MGM stock?
The MACD indicator for MGM RESORTS INTERNATIONAL (MGM) has a value of -0.0309834, indicating a bearish trend.