Stock Trend Analysis Report
Prepared for you on Tuesday, July 27, 2021.
MGM Growth Properties LLC (NYSE:MGP)
Long-Term Uptrend (+90) - MGP is in a strong uptrend that is likely to continue. While MGP 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 MGP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MGP
The long-term trend has been UP since Jun 3rd, 2020 at 29.11
The intermediate-term trend has been UP since Jul 21st, 2021 at 37.20
The short-term trend has been UP since Jul 20th, 2021 at 37.07
Smart Scan Analysis for MGP
Based on our trend formula, MGP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||31.61||Year High Date||2018-06-26|
|Year Low||25.31||Year Low Date||2018-02-12|
|52wk High||37.94||52wk High Date||2021-07-21|
|52wk Low||25.01||52wk Low Date||2020-07-27|
|Average Volume||1,241,844||Shares Outstanding||153,386|