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Stock Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
MGM Resorts International (NYSE:MGM)
Countertrend Down (-85) - MGM is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Apr 26th, 2024 at 41.25
The intermediate-term trend has been DOWN since Oct 31st, 2024 at 38.44
The short-term trend has been UP since Nov 21st, 2024 at 37.66
Smart Scan Analysis for MGM
Based on our trend formula, MGM is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 37.800 | 38.220 | 37.585 | 37.855 | -0.155 |
| Prev. Close | Volume | Bid | Ask | Time |
| 38.010 | 2283039 | 2024-11-22 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 | 48.245 | 52wk High Date | 2024-04-01 |
| 52wk Low | 33.44 | 52wk Low Date | 2024-08-05 |
| Year End Close | 11.64 | Average Volume | 4,550,162 |
| Shares Outstanding | 297,740 | Short Interest | 26,827,696 |
| % Institutional | 81.9 | Market Cap | 14,991M |
| Assets | 427,409,530M | Liabilities | 395,090,120M |
| P/E Ratio | 13.6237 | Beta | 2.47 |
| Volatility | 48.08 |