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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.
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MarketClub’s Trade Triangles for MGM
The long-term trend has been UP since Oct 31st, 2022 at 36.335
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 42.180
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).
| 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 High | 38.41 | Year High Date | 2018-01-29 |
| Year Low | 23.81 | Year Low Date | 2018-10-30 |
| 52wk High | 46.235 | 52wk High Date | 2023-03-06 |
| 52wk Low | 26.41 | 52wk Low Date | 2022-06-23 |
| Year End Close | 11.64 | Average Volume | 4,849,827 |
| Shares Outstanding | 373,913 | Short Interest | 26,827,696 |
| % Institutional | 81.9 | Market Cap | 14,991M |
| Assets | 456,922,060M | Liabilities | 408,606,770M |
| P/E Ratio | 11.7794 | Beta | 2.47 |
| Volatility | 48.08 |