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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
MGM Resorts International (NYSE:MGM)
Weak Downtrend (-65) - MGM is showing signs of a strengthening downtrend. Monitor MGM as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MGM?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MGM
The long-term trend has been UP since Dec 14th, 2023 at 44.7900
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 42.9600
The short-term trend has been DOWN since Apr 25th, 2024 at 42.0705
Smart Scan Analysis for MGM
Based on our trend formula, MGM is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.370 | 42.560 | 42.060 | 42.155 | -0.555 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.710 | 1037615 | 2024-04-25 12:50:52 |
| Year High | 38.41 | Year High Date | 2018-01-29 |
| Year Low | 23.81 | Year Low Date | 2018-10-30 |
| 52wk High | 51.35 | 52wk High Date | 2023-07-31 |
| 52wk Low | 34.12 | 52wk Low Date | 2023-10-27 |
| Year End Close | 11.64 | Average Volume | 2,850,486 |
| Shares Outstanding | 319,678 | Short Interest | 26,827,696 |
| % Institutional | 81.9 | Market Cap | 14,991M |
| Assets | 423,685,480M | Liabilities | 385,573,780M |
| P/E Ratio | 13.3887 | Beta | 2.47 |
| Volatility | 48.08 |
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