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Archive
- 2/27/2026 -
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MGM Resorts International (MGM) Technical Analysis
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| Summary:
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| | It was a second consecutive positive week for the MGM Resorts International (MGM). During the week, the MGM climbed 0.07 points, or 0.19%, and closed at 36.86 on Friday, February 27, 2026. Weekly volume was 14% above average.
 Long-term trend: [See MGM long-term trend chart]
A long-term downtrend had started on July 31, 2023 at 51.35 and reached 25.30 on April 8, 2025. MGM lost 26.05 points, or 50.73%, in 88 weeks. The chart has formed a Falling Channel chart pattern. The price is near the trend resistance line (36.39). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a long-term trend.
 Medium-term trend: [See MGM medium-term trend chart]
A medium-term downtrend had started on August 28, 2025 at 40.16 and reached 29.19 on October 30, 2025. MGM lost 10.97 points, or 27.32%, in 9 weeks. The chart has formed a Symmetric Triangle chart pattern. The price is near the trend resistance line (36.83). The resistance is usually stronger when technical indicators are overbought. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend resistance line in a medium-term trend.
 Weekly Technical Indicators: [See MGM weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is above its signal line since January 30, 2026. The distance between MACD and the signal line is low and getting smaller. Use the following link to access a MACD help.
 Short-term trend: [See MGM short-term trend chart]
A short-term uptrend had started on January 29, 2026 at 32.14 and reached 39.25 on February 4, 2026. MGM gained -7.11 points, or -22.12%, in 6 days. The chart has formed a Symmetric Triangle chart pattern. The uptrend resistance line (34.29) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a short-term trend.
Daily Technical Indicators: [See MGM daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since February 25, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the 20 Day Moving Average has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
 Candlestick pattern: [See MGM candlestick chart pattern]
On Friday the chart has formed a Bearish Harami Cross Candlestick pattern. A Bearish Harami Cross pattern occurs in an uptrend. It is a sign of disparity about the market’s health, it warns that the market may not continue in uptrend. The reliability of the Bearish Harami Cross pattern is moderate. Use the Technical Stock Screener to see the list of stocks that had a Bearish Harami Cross Candlestick pattern during the last week.
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