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Archive
- 4/17/2025 -
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MGM Resorts International (MGM) Technical Analysis
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| Summary:
| | Weekly : | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the MGM Resorts International (MGM). During the week, the MGM dropped -0.45 points, or -1.53%, and closed at 28.90 on Thursday, April 17, 2025. Weekly volume was 22% above average.
MGM is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 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 price is now at the 13.82% retracement level.
 Medium-term trend: [See MGM medium-term trend chart]
A medium-term downtrend had started on February 14, 2025 at 41.32 and reached 25.30 on April 8, 2025. MGM lost 16.02 points, or 38.77%, in 7 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (23.48) is broken. A broken support is considered to be a long-term bullish signal. 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 medium-term trend.
 Weekly Technical Indicators: [See MGM weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is below its signal line since March 7, 2025. This is an indication that the medium-term trend is down. 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 April 8, 2025 at 25.30 and reached 30.24 on April 9, 2025. MGM gained -4.94 points, or -19.53%, in 1 days. The price is now at the 27.13% retracement level.
 Daily Technical Indicators: [See MGM daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is above its signal line since April 10, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low, but getting bigger. It indicates that the current short-term uptrend is getting stronger.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Consumer Discretionary |
2 |
| Industry |
Casinos & Gaming |
32 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
30.24 |
| High Date |
04/09/2025 |
| Low |
27.78 |
| Low Date |
04/10/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
25.30 |
| Low Date |
04/08/2025 |
| High |
30.24 |
| High Date |
04/09/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Wedge |
| Status |
Broken Resistance |
| Resistance |
26.27 |
| Support |
23.48 |
| High |
41.32 |
| High Date |
02/14/2025 |
| Low |
25.30 |
| Low Date |
04/08/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
48.25 |
| High Date |
04/01/2024 |
| Low |
25.30 |
| Low Date |
04/08/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
51.35 |
| High Date |
07/31/2023 |
| Low |
25.30 |
| Low Date |
04/08/2025 |
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