Technical Analysis for MGM - MGM Resorts International

Grade Last Price % Change Price Change
C 34.37 2.14% 0.72
MGM closed up 2.14 percent on Friday, May 20, 2022, on 1.45 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Low Weakness 2.14%
Wide Bands Range Expansion 2.14%
Gapped Down Weakness 2.14%
Oversold Stochastic Weakness 2.14%
New 52 Week Closing Low Bearish 4.15%
New 52 Week Low Weakness 4.15%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 1% about 16 hours ago
Reversed from Up about 17 hours ago
Gap Up Closed about 18 hours ago
60 Minute Opening Range Breakdown about 18 hours ago
Up 3% about 19 hours ago

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Profile

MGM Resorts International, through its wholly owned subsidiaries, owns and/or operates casino resorts. The company operates in two segments, Wholly Owned Domestic Resorts and MGM China. Its resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company operates 15 wholly owned resorts in Nevada, Michigan, and Mississippi; and the MGM Macau resort and casino in China. It also owns the Shadow Creek golf course, the Primm Valley Golf Club, and the Fallen Oak golf course. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was founded in 1986 and is based in Las Vegas, Nevada.
Classification

Sector: Consumer Cyclical
Industry: Resorts & Casinos
Keywords: S&P 500 Casino Gambling Macau Online Gambling Resort Mgm Resorts International Affinity Gaming

Is MGM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 51.17
52 Week Low 32.37
Average Volume 5,112,224
200-Day Moving Average 42.68
50-Day Moving Average 39.97
20-Day Moving Average 37.81
10-Day Moving Average 34.89
Average True Range 1.95
RSI 38.27
ADX 22.07
+DI 13.11
-DI 29.12
Chandelier Exit (Long, 3 ATRs) 38.76
Chandelier Exit (Short, 3 ATRs) 38.21
Upper Bollinger Bands 44.04
Lower Bollinger Band 31.58
Percent B (%b) 0.22
BandWidth 32.95
MACD Line -1.93
MACD Signal Line -1.56
MACD Histogram -0.3675
Fundamentals Value
Market Cap 16.98 Billion
Num Shares 494 Million
EPS 2.95
Price-to-Earnings (P/E) Ratio 11.66
Price-to-Sales 2.07
Price-to-Book 2.04
PEG Ratio 4.20
Dividend 0.01
Dividend Yield 0.03%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 36.47
Resistance 3 (R3) 36.33 35.50 36.12
Resistance 2 (R2) 35.50 34.96 35.57 36.00
Resistance 1 (R1) 34.93 34.63 35.22 35.07 35.89
Pivot Point 34.10 34.10 34.24 34.17 34.10
Support 1 (S1) 33.53 33.56 33.82 33.67 32.85
Support 2 (S2) 32.70 33.23 32.77 32.74
Support 3 (S3) 32.13 32.70 32.62
Support 4 (S4) 32.27