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Stock Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

MGM Resorts International (NYSE:MGM)

Crossroads (-60) - MGM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

Open High Low MGM Price Change
41.630 41.915 40.870 41.700 +0.590
Entry Signal

MarketClub’s Trade Triangles for MGM

long term up The long-term trend has been UP since Oct 31st, 2022 at 36.335

intermediate term down The intermediate-term trend has been DOWN since Mar 10th, 2023 at 42.180

short term down The short-term trend has been DOWN since Mar 23rd, 2023 at 41.410

Smart Scan Analysis for MGM

Based on our trend formula, MGM is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.630 41.915 40.870 41.700 +0.590
Prev. Close Volume Bid Ask Time
41.110 2732618 2023-03-27 15:59:30
Year High38.41Year High Date2018-01-29
Year Low23.81Year Low Date2018-10-30
52wk High46.23552wk High Date2023-03-06
52wk Low26.4152wk Low Date2022-06-23
Year End Close11.64Average Volume4,849,827
Shares Outstanding373,913Short Interest26,827,696
% Institutional81.9Market Cap14,991M
P/E Ratio11.7794Beta2.47
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