Technical Analysis for MGP - MGM Growth Properties LLC

Grade Last Price % Change Price Change
grade A 28.93 -0.17% -0.05
MGP closed down 0.17 percent on Thursday, January 17, 2019, on 73 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It was able to bounce off of its 200 day moving average, an important long-term support line. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Flat Up Up
See historical MGP trend table...

Date Alert Name Type % Chg
Jan 17 200 DMA Support Bullish 0.00%
Jan 17 Cup with Handle Other 0.00%
Jan 17 Narrow Range Bar Range Contraction 0.00%
Jan 17 NR7 Range Contraction 0.00%
Jan 17 Inside Day Range Contraction 0.00%
Jan 17 Overbought Stochastic Strength 0.00%
Jan 16 Crossed Above 200 DMA Bullish -0.17%
Jan 16 Overbought Stochastic Strength -0.17%
Jan 15 Stochastic Sell Signal Bearish 1.15%
Jan 15 Spinning Top Other 1.15%

Older signals for MGP ...

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Profile
MGM Growth Properties LLC engages in owning, acquiring, and leasing casino resort properties in the United States. It resorts provide casino gaming, hotel, convention, dining, entertainment, retail and mixed-use facilities, and other resort amenities. As of December 31, 2015, the company's properties include a total of 24,466 hotel rooms. MGM Growth Properties LLC was founded in 2015 and is based in Las Vegas, Nevada. MGM Growth Properties LLC operates as a subsidiary of MGM Resorts International.
Is MGP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 31.61
52 Week Low 25.31
Average Volume 622,871
200-Day Moving Average 28.9147
50-Day Moving Average 27.7846
20-Day Moving Average 27.4375
10-Day Moving Average 28.259
Average True Range 0.6967
ADX 21.41
+DI 29.739
-DI 16.3741
Chandelier Exit (Long, 3 ATRs ) 27.4199
Chandelier Exit (Short, 3 ATRs ) 27.5901
Upper Bollinger Band 29.4917
Lower Bollinger Band 25.3833
Percent B (%b) 0.86
BandWidth 14.973667
MACD Line 0.2852
MACD Signal Line 0.053
MACD Histogram 0.2322
Fundamentals Value
Market Cap 1.67 Billion
Num Shares 57.7 Million
EPS 0.78
Price-to-Earnings (P/E) Ratio 37.09
Price-to-Sales 2.32
Price-to-Book 1.28
PEG Ratio 1.13
Dividend 1.58
Dividend Yield 5.46%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 29.37
Resistance 3 (R3) 29.36 29.20 29.29
Resistance 2 (R2) 29.20 29.09 29.21 29.27
Resistance 1 (R1) 29.07 29.02 29.14 29.08 29.24
Pivot Point 28.91 28.91 28.95 28.92 28.91
Support 1 (S1) 28.78 28.80 28.85 28.79 28.62
Support 2 (S2) 28.62 28.73 28.63 28.59
Support 3 (S3) 28.49 28.62 28.57
Support 4 (S4) 28.50