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MGM Resorts International

MGM Technical Analysis Summary (NYSE)

Analyze MGM on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MGMNYSE
Consumer CyclicalGambling, Resorts & Casinos
$44.10
$0.03(0.07%)
U.S. Market opens in 49h 36m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MGM Technical Analysis Summary (NYSE)

MGM Resorts International (NYSE: MGM) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 41.70)
Trend Strength:Weak (ADX: 15.78)
Volatility:Medium (ATR: 1.01)
Support/Resistance:$43.28 – $46.73 (Bollinger Bands)

Technical conditions suggest MGM Resorts International on the NYSE is awaiting a decisive move. Technical conditions suggest MGM Resorts International is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 41.70

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.63

Bearish
Momentum remains weak below midpoint.

Williams %R: -76.67

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -4.84

Bearish
Selling pressure outweighs buying.

Takeaway:MGM Resorts International shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.57

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.78

Weak
Weak trend, market trading sideways.

ATR (14): 1.01

Low
Low volatility, stable price action.

CCI (14): -66.16

Bearish
Bearish, momentum remains under pressure.

Takeaway:MGM Resorts International shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$46.73
Middle Band (SMA 20)
$45.00
Lower Band
$43.28
Current Position
Within Bands

Takeaway:MGM Resorts International trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$46.92
Middle Line (EMA 20)
$44.90
Lower Channel
$42.89
Squeeze Status
Squeeze On

Takeaway:MGM Resorts International trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume14.16M
Money Flow Index34.64Bearish, selling pressure outweighs inflows.
Relative Vigor Index36.80Bearish, price momentum favors sellers.

Overall Takeaway:MGM shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of MGM Resorts International (NYSE: MGM), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for MGM Resorts International are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: MGM) Technical Analysis FAQ