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Stock Trend Analysis Report

Prepared for you on Monday, February 6, 2023.

MGM Resorts International (NYSE:MGM)

Long-Term Uptrend (+90) - MGM is in a strong uptrend that is likely to continue. While MGM is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

NYSE_MGM
Open High Low MGM Price Change
40.91 42.21 40.81 41.72 +0.33
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 up The intermediate-term trend has been UP since Jan 9th, 2023 at 37.355

short term up The short-term trend has been UP since Feb 1st, 2023 at 41.430

Smart Scan Analysis for MGM

Based on our trend formula, MGM is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MGM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.91 42.21 40.81 41.72 +0.33
Prev. Close Volume Bid Ask Time
40.91 2909028 2023-02-03 15:59:28
Year High38.41Year High Date2018-01-29
Year Low23.81Year Low Date2018-10-30
52wk High4952wk High Date2022-02-10
52wk Low26.4152wk Low Date2022-06-23
Year End Close11.64Average Volume3,749,400
Shares Outstanding384,020Short Interest26,827,696
% Institutional81.9Market Cap14,991M
Assets473,302,220MLiabilities424,885,320M
P/E Ratio13.9625Beta2.47
Volatility48.08
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