Technical Analysis for MGM - MGM Resorts International

Grade Last Price % Change Price Change
F 41.09 -2.58% -1.09
MGM closed down 2.58 percent on Friday, April 26, 2024, on 1.44 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Apr 29
*** please verify all earnings dates ***
6 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Expansion Breakdown Bearish Swing Setup 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 200 DMA Bearish -2.58%
NR7 Range Contraction -2.58%
Narrow Range Bar Range Contraction -2.58%
Gapped Down Weakness -2.58%
Oversold Stochastic Weakness -2.58%
200 DMA Support Bullish -3.79%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 13 hours ago
Down 1 ATR about 13 hours ago
10 DMA Resistance about 17 hours ago
Fell Below Previous Day's Low about 19 hours ago
Down 2 % 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 Online Gambling Macau 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 51.35
52 Week Low 34.12
Average Volume 3,247,273
200-Day Moving Average 42.47
50-Day Moving Average 43.63
20-Day Moving Average 44.06
10-Day Moving Average 42.33
Average True Range 1.09
RSI (14) 32.43
ADX 28.62
+DI 11.66
-DI 29.74
Chandelier Exit (Long, 3 ATRs) 44.98
Chandelier Exit (Short, 3 ATRs) 44.32
Upper Bollinger Bands 48.12
Lower Bollinger Band 40.00
Percent B (%b) 0.13
BandWidth 18.42
MACD Line -0.73
MACD Signal Line -0.43
MACD Histogram -0.304
Fundamentals Value
Market Cap 14.04 Billion
Num Shares 342 Million
EPS 2.98
Price-to-Earnings (P/E) Ratio 13.79
Price-to-Sales 1.04
Price-to-Book 4.03
PEG Ratio 4.20
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 43.07
Resistance 3 (R3) 43.28 42.83 42.74
Resistance 2 (R2) 42.83 42.33 42.73 42.63
Resistance 1 (R1) 41.96 42.01 41.74 41.75 42.52
Pivot Point 41.51 41.51 41.40 41.41 41.51
Support 1 (S1) 40.64 41.01 40.42 40.43 39.66
Support 2 (S2) 40.19 40.69 40.09 39.55
Support 3 (S3) 39.32 40.19 39.44
Support 4 (S4) 39.11