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MGM Resorts (MGM)
NYSE:MGM

MGM Resorts (MGM) Technical Analysis

3,500 Followers

Technical Sentiment

Overall Consensus
Strong Sell
2Bullish
5Neutral
15Bearish
Technical Analysis Consensus
Sell
2Bullish
5Neutral
3Bearish
Moving Average Consensus
Strong Sell
0Bullish
0Neutral
12Bearish
MGM Resorts’s (MGM) Moving Averages Convergence Divergence (MACD) indicator is -0.53, suggesting MGM Resorts is a Sell.
MGM Resorts’s (MGM) 20-Day exponential moving average is 41.28, while MGM Resorts’s (MGM) share price is $40.2, making it a Sell.
MGM Resorts’s (MGM) 50-Day exponential moving average is 42.21, while MGM Resorts’s (MGM) share price is $40.2, making it a Sell.

MGM Resorts (MGM) Pivot Points

May 23, 2024, 12:10 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
39.95
40.37
40.59
41.01
41.23
41.65
41.87
Fibonacci
40.37
40.61
40.77
41.01
41.25
41.40
41.65
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

MGM Resorts (MGM) Moving Averages

May 23, 2024, 12:10 PM
Period
Simple
Exponential
MA5
41.01Sell
40.81Sell
MA10
41.02Sell
40.95Sell
MA20
40.90Sell
41.28Sell
MA50
43.03Sell
42.21Sell
MA100
43.28Sell
42.58Sell
MA200
41.74Sell
42.41Sell
MGM Resorts’s (MGM) 10-Day exponential moving average is 40.95, while MGM Resorts’s (MGM) share price is $40.2, making it a Sell.
MGM Resorts’s (MGM) 100-Day exponential moving average is 42.58, while MGM Resorts’s (MGM) share price is $40.2, making it a Sell.
MGM Resorts’s (MGM) stock price is $40.2 and MGM Resorts’s (MGM) 50-day simple moving average is 43.03, creating a Sell signal.
MGM Resorts’s (MGM) stock price is $40.2 and MGM Resorts’s (MGM) 100-day simple moving average is 43.28, creating a Sell signal.
MGM Resorts’s (MGM) stock price is $40.2 and MGM Resorts’s (MGM) 200-day simple moving average is 41.74, creating a Sell signal.

MGM Resorts (MGM) Technical Indicators

May 23, 2024, 12:10 PM
Name
Value
Implied Action
RSI (14)
39.44
Neutral
STOCH (9,6)
37.88
Neutral
STOCHRSI (14)
30.79
Neutral
MACD (12,26)
-0.53
Sell
ADX (14)
18.21
Buy
Williams %R
-87.39
Buy
CCI (14)
-97.13
Neutral
ATR (14)
0.99
-
Ultimate Oscillator
36.80
Neutral
ROC
-1.64
Sell
MGM Resorts’s (MGM) Relative Strength Index (RSI) is 39.44, creating a Neutral signal.
MGM Resorts’s (MGM) Trend Strength Indicator (ADX) is 18.21, creating a Buy signal.
MGM Resorts’s (MGM) Commodity Channel Index (CCI) is -97.13, creating a Neutral signal.
MGM Resorts’s (MGM) Price Rate of Change (ROC) is -1.64, creating a Sell signal.

FAQ

Is MGM a Buy, Hold, or Sell?
Based on MGM’s technical indicators, MGM is a Strong Sell.
    What is MGM’s RSI (14)?
    MGM’s RSI (14) is 39.44, which suggests MGM is a Neutral.
      What is MGM’s MACD?
      MGM’s MACD is -0.53, which suggests MGM is a Sell.
        What is MGM’s 5-day moving average?
        MGM’s 5-day moving average is 41.01, which suggests MGM is a Sell.
          What is MGM’s 20-day moving average?
          MGM 20-day moving average is 40.90, which suggests MGM is a Sell.
            What is MGM’s 50-day moving average?
            MGM’s 50-day moving average is 43.03, which suggests MGM is a Sell.
              What is MGM’s 200-day moving average?
              MGM’s 200-day moving average is 41.74, which suggests MGM is a Sell.
                What is MGM’s Williams % R (14)?
                MGM’s Williams % R (14) is -87.39, which suggests MGM is a Buy.
                  What is MGM’s CCI (14)?
                  MGM’s CCI (14) is -97.13, which suggests MGM is a Neutral.
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