MGM RESORTS INTERNATIONAL (MGM)

US5529531015 - Common Stock

42.85  +0.42 (+0.99%)

After market: 43.14 +0.29 (+0.68%)

Technical Rating and Analysis

0

Taking everything into account, MGM scores 0 out of 10 in our technical rating. MGM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

68% of all other stocks performed better in the past year than MGM.
In the last month MGM has a been trading in the 41.52 - 48.24 range, which is quite wide. It is currently trading near the lows of this range.
MGM has an average volume of 3602760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MGM is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 50% of 135 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.
Weekly and Daily overview Charts
MGM Weekly chart
MGM Daily chart
Setup Rating and Analysis

5

MGM has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

33.19

48.27

3 important support areas can be observed.

  • A support zone ranging from 41.63 to 42.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @36.53 from a trend line in the weekly time frame.
  • Support @33.53 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 42.92 to 43.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 46.48 to 47.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.95
Mansfield-0.83
10 Day High45.49
10 Day Low41.52
20 Day High48.25
20 Day Low41.52
52 Week High51.35
52 Week Low34.12
Performance
1 Week0.35%
2 Weeks-7.67%
1 Month-3.82%
3 Month-1.83%
6 Month25.18%
12 Month-4.61%
2 Year4.41%
3 Year5.23%
5 Year60.91%
10 Year69.84%
15 Year411.34%
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)-0.36
RSI(14)42.15
LBB40.45
UBB47.3
MGM Daily chart

MGM RESORTS INTERNATIONAL

NYSE:MGM (4/23/2024, 6:14:06 PM)

After market: 43.14 +0.29 (+0.68%)

42.85

+0.42 (+0.99%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.99%
1 Week0.35%
2 Weeks-7.67%
1 Month-3.82%
3 Month-1.83%
6 Month25.18%
12 Month-4.61%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.16
ATR(20)%2.81%
ATR Inc
Range Today0.66
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High45.49
10 Day Low41.52
20 Day High48.25
20 Day Low41.52
52 Week High51.35
52 Week Low34.12
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.79M
Volume Incr-8.8%
Vol(5)2.62M
Vol(50)3.60M