Technical analysis from Mgm Resorts International (MGM, NYSE:MGM) on the New York Stock Exchange (NYSE). Download the latest price data & trading signals

Mgm Resorts International
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Mgm Resorts International: Daily performance is -0.5 % [Downtrend]
Closing Price /
Mgm Resorts International: Daily performance is -0.5 % [Downtrend]

[BEARISH]: Mgm Resorts International current downtrend in the first timeframe. Currently, the Close is $35.3300.

Mgm Resorts International: Daily volume performance is -11.1 [Downtrend]
Volume /
Mgm Resorts International: Daily volume performance is -11.1 [Downtrend]

[BEARISH]: Mgm Resorts International current volume downtrend in the first timeframe. Volume for MGM is7417916 (-11.1).

Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal continues for Mgm Resorts International indicating downward price movement is likely

[BEARISH]: Mgm Resorts International currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.5%.

Rate of Change /
Negative ROC confirmation for MGM is a leading indicator for continued price fall

[BEARISH CROSSOVER]: Mgm Resorts International currently has negative rate of change of -0.7000%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Chaikin Money Flow /
Mgm Resorts International continues negative divergence & potential shift in direction

[BEARISH]: Mgm Resorts International current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.1200. MGM received a confirmed CMF crossover days on the Apr 6 2018.The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.18 occurring on the Apr 6 2018.

Pivot Points /
Mgm Resorts International has moved below the S1 pivot point ($34.8440) [Bearish]

Mgm Resorts International has broken the first support point ($34.8440) [Bearish]. Look for a short limit order entry near this point. Exit price for MGM should be set @$34.3570 & short position stoploss for Mgm Resorts International should be set between $36.0170 & $36.5040

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Medium Trend /
Mgm Resorts International has maintained the 2nd timeframe trend [Uptrend]

[BULLISH]: Mgm Resorts International has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Apr 20 2018.

[Bearish]: Range has decreased for MGM during the last trading session
Price Range /
[Bearish]: Range has decreased for MGM during the last trading session

[BEARISH]: Mgm Resorts International current downtrend in the first timeframe. Currently, the Range is $0.8300.

[Uptrend]: The third timeframe trend has continued for MGM
Long Trend /
[Uptrend]: The third timeframe trend has continued for MGM

MGM: Long Term Trend Current Signal -> (1) 25 Apr: BULLISH (2) 24 Apr: BULLISH (3) 23 Apr: NEUTRAL

Simple Moving Average /
Price continues to trade below the Simple Moving Average(5) for MGM

[BULLISH]: Mgm Resorts International currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -0.5%.

Average True Range /
Mgm Resorts International: ATR (1.0560) has signalled an downtrend is current

MGM: Average True Range Recent Trading -> (1) 25 Apr: 1.0560 (2) 24 Apr: 1.0730 (3) 23 Apr: 1.0470

Aroon Oscillator /
Recent trading indicates Aroon upward trend direction likely for MGM [Strong Uptrend]

[BULLISH]: Mgm Resorts International has a current ARU(25) of 80.0000 and a current ARD(25) of 8.0000

DVI: Distribution still active for Mgm Resorts International
Daily Volume Index /
DVI: Distribution still active for Mgm Resorts International

[BEARISH]: Mgm Resorts International current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -15589.0000.

Mgm Resorts International has initiated a negative volume rate of change of -7.0000
Volume Rate of Change /
Mgm Resorts International has initiated a negative volume rate of change of -7.0000

[BEARISH CROSSOVER]: Mgm Resorts International currently has negative rate of change of -7.0000%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -0.5000%.

Close Tod Vs Close Yest /
Closing price for Mgm Resorts International has seen sellers continue to win the daily battle for performance @ -0.5%

[BEARISH]: Mgm Resorts Internationalsellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for MGM adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -4.0 & the greatest daily negative change this year has been -4.4. The longest consecutive downswing rally over the last 12 months has been 7 days giving a total rally downward movement of -11%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -4%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.2x. Over the last month the average daily downward movement has been -2.100000%

Fibonacci Extensions /
Mgm Resorts International: Look for a long limit order entry @$60.4500

Mgm Resorts International has moved below the 161.8% level ($60.4500) [Bullish]. Look for a long limit order entry near this point. Exit price for MGM should be set @$66.0300 & Stoploss for Mgm Resorts International should be set at $54.8700

Detrended Price Oscillator /
Daily trading has confirmed the DPO(20) is bullish for Mgm Resorts International

[BULLISH]: Mgm Resorts International currently has a confirmed uptrend. Price is currently above the displaced moving average for MGMCurrently, the return on DPO20 is -0.5%.

Mgm Resorts International Ease of Movement is -10.1820 [Easily Moved]
Ease of Movement /
Mgm Resorts International Ease of Movement is -10.1820 [Easily Moved]

MGM: EOM Current Signal -> (1) 25 Apr: BEARISH EASY (2) 24 Apr: BEARISH HARD (3) 23 Apr: BULLISH EASY

Mgm Resorts International: Current trading activity signals OBV accumulation is present
On Balance Volume /
Mgm Resorts International: Current trading activity signals OBV accumulation is present

[BULLISH]: Mgm Resorts International current price has highlighted recent accumulation. Currently, the OBV is 31046104.0000.

Bullish conditions for MGM are likely to continue based on EFI (1199615.0000)
Elders Force Index /
Bullish conditions for MGM are likely to continue based on EFI (1199615.0000)

MGM: Elders Force Index Current Signal -> (1) 25 Apr: BULLISH (2) 24 Apr: BULLISH (3) 23 Apr: BULLISH

Percentage Volume /
MGM: The return on PVO is -0.5%.

[BULLISH]: Mgm Resorts International currently has positive PVO 0.7000%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -0.5%.

Average Directional Movement /
Average Directional Index for Mgm Resorts International has signalled a weak trend is active

[Weak Trend]: ADX for MGM has confirmed a weak trend is presentMgm Resorts International has an ATR(14) of 1.0560, a DX of 7.8100 & an ADX(14) of 14.8500

Black Candle /
MGM Basic Candle: Black

[BEARISH]: Mgm Resorts International has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

MACD /
Mgm Resorts International: MACD oscillator (0.1200)

[BULLISH]: Mgm Resorts International currently has positive MACD of 0.1200. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -0.5%.

Mgm Resorts International: Momentum(5)
Momentum /
Mgm Resorts International: Momentum(5)

[BEARISH]: Mgm Resorts International currently has negative momentum of -1.0800 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -0.5000%.The largest downward momentum rally for the last 3 months is 2 days producing a return of -0.5%%.

Traders are currently Distributing Mgm Resorts International
Accumulation / Distribution /
Traders are currently Distributing Mgm Resorts International

MGM: ADLINE Current Signal -> (1) 25 Apr: BEARISH (2) 24 Apr: BEARISH (3) 23 Apr: BEARISH

Weighted Moving Average /
Mgm Resorts International is in a short term downtrend with the closing price @$35.3300

[BEARISH]: Mgm Resorts International currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -0.5%.

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