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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.
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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 UP since Jan 9th, 2023 at 37.355
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).
| 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 High | 38.41 | Year High Date | 2018-01-29 |
| Year Low | 23.81 | Year Low Date | 2018-10-30 |
| 52wk High | 49 | 52wk High Date | 2022-02-10 |
| 52wk Low | 26.41 | 52wk Low Date | 2022-06-23 |
| Year End Close | 11.64 | Average Volume | 3,749,400 |
| Shares Outstanding | 384,020 | Short Interest | 26,827,696 |
| % Institutional | 81.9 | Market Cap | 14,991M |
| Assets | 473,302,220M | Liabilities | 424,885,320M |
| P/E Ratio | 13.9625 | Beta | 2.47 |
| Volatility | 48.08 |