Trading Signals: MGM Stock Price Prediction and Forecast

^ MGM: Intraday Hourly Forecast Similar Waves GapOpen Research Timing Gains Losses Strategies Practice

Mon. Dec. 27, 2004

Trading Signals: MGM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Dec. 22, 2023)

(MGM Resorts International)
MGM latest price $34.6800 (-1.64%) ($34.4600 - $35.2400) on Mon. Dec. 27, 2004.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.66% (three month average)
RSI   75
Latest Price   $34.6800(-1.64%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGM declines -0.1% a day on average for past five trading days.
Weekly Trend   MGM advances 4.6% a week on average for past two weeks.
Market Behavior   Normal for large cap. Normal for small cap.
Correlated ETFs   Broad market will support MGM advance at 0% a week (0% probability)
XLY(18%)    IWM(17%)    SPY(17%)    EEM(16%)    QQQ(16%)
Factors Impacting MGM price   MGM will decline at least -0.83% in a week (0% probabilities).
TLT(-6%)    TIP(-6%)    SHY(-6%)    GLD(-2%)    REMX(-1%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.83% (StdDev 1.66%)
Hourly BBV 0 ()
Intraday Trend -1.3%

5 Day Moving Average   $34.86(-0.52%)
10 Day Moving Average   $34.55(0.38%)
20 Day Moving Average   $32.85(5.57%)
To recent high   -1.6%
To recent low   46.1%
Market Cap   $17.107b

MGM Resorts International is a holding company, which engages in the ownership and operations of casino resorts. The firm's casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. It operates through the following business segments: Las Vegas Strip Resorts, Regional Operations and MGM China. The Las Vegas Strip Resorts segment consists of the following casino resorts: Bellagio, MGM Grand Las Vegas, Mandalay Bay, The Mirage, Luxor, New York-New, Excalibur, Park MGM, and Circus Las Vegas. The Regional Operations segment consists of the following casino resorts: MGM Grand Detroit in Detroit, Michigan; Beau Rivage in Biloxi, Mississippi; Gold Strike Tunica in Tunica, Mississippi; Borgata in Atlantic City, New Jersey; MGM National Harbor in Prince George's County, Maryland; and MGM Springfield in Springfield, Massachusetts. The MGM China segment consists of MGM Macau and MGM Cotai. The company was founded by Kerkor Kerkorian on January 29, 1986 and is headquartered in Las Vegas, NV.

$. MGM price fluctuates within 6.09% (three month std-dev: 1.66%) daily (68% of days).

Sample size 0 Average positive next day return: 0%(0%) Average negative next day return: 0%(0%) Sample size 0 Average positive next three day return: 0%(0%) Average negative next three day return: %(0%) Sample size 0 Average positive next weekly return: 0%(0%) Average negative next weekly return: 0%(0%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20050127

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Dec_27_2004	26.37	32.85	34.55	34.86			34.68(-1.64%)	UD	OpenLong	65	-0.1	41	-10000	-1	167	1.05	77%	0.73	80.5	1.66%	0	0.9	75	0
2	Dec_23_2004	26.18	32.59	34.38	34.9			35.26(0.23%)	UT	HoldLong	65	0.2	50	-10000	4	186	0.42	78%	0.54	80.9	1.68%	0	1.3	78	0
3	Dec_22_2004	26.04	32.28	34.02	34.78			35.18(0.51%)	UT	HoldLong	65	0.2	56	-10000	9	198	1.38	78%	0.54	79.9	1.68%	0	1.4	83	0
4	Dec_21_2004	25.9	31.94	33.65	34.53			35(2.46%)	UT	HoldLong	65	0.2	55	-10000	7	198	2.17	78%	0.5	75.5	1.69%	0	1.4	83	0
5	Dec_20_2004	25.77	31.61	33.27	34.32			34.16(-2.18%)	UD	OpenLong	75	-0.1	57	-10000	5	212	2.26	78%	0.47	71.4	1.68%	0	1.2	85	0

6	Dec_17_2004	25.65	31.31	33.02	34.19			34.92(0.84%)	UT	HoldLong	65	0.3	73	-10000	15	245	1.38	81%	0.51	68.4	1.65%	0	1.7	90	0
7	Dec_16_2004	25.52	31	32.69	33.77			34.63(1.97%)	UT	HoldLong	65	0.4	81	-10000	23	254	2.26	81%	0.51	66.6	1.65%	0	1.8	87	0
8	Dec_15_2004	25.39	30.69	32.26	33.14			33.96(0.12%)	UT	HoldLong	65	0.4	73	-10000	20	231	4.05	80%	0.47	60.8	1.65%	0	1.7	87	0
9	Dec_14_2004	25.27	30.42	31.9	32.61			33.92(1.25%)	UT	HoldLong	65	0.7	71	-10000	20	224	2.24	81%	0.48	53.6	1.65%	0	2	88	0
10	Dec_13_2004	25.15	30.16	31.42	32.07			33.5(1.98%)	UT	HoldLong	65	0.9	60	-10000	14	197	1.43	82%	0.44	48.8	1.67%	0	2.2	88	0

11	Dec_10_2004	25.04	29.91	30.99	31.69			32.85(4.45%)	UT	HoldLong	65	0.9	53	-10000	8	187	2.49	81%	0.4	44.4	1.67%	0	2.2	87	0
12	Dec_9_2004	24.94	29.71	30.63	31.47			31.45(0.32%)	UT	OpenLong	75	-0	55	-10000	9	193	1.65	80%	0.4	47.4	1.6%	0	1.5	73	0
13	Dec_8_2004	24.84	29.6	30.4	31.25			31.35(0.51%)	UT	OpenLong	75	0.1	52	-10000	8	185	1.12	80%	0.4	50.4	1.6%	0	1.6	73	0
14	Dec_7_2004	24.74	29.51	30.11	31.05			31.19(-1.27%)	UD	OpenLong	75	0.1	57	-10000	17	175	0.69	81%	0.45	60.2	1.61%	0	1.6	72	0
15	Dec_6_2004	24.63	29.42	29.83	30.64			31.59(-0.57%)	UD	OpenLong	75	1	50	-10000	20	139	0.58	81%	0.41	65.3	1.63%	0	2.3	70	0

16	Dec_3_2004	24.53	29.32	29.48	30.16			31.77(4.68%)	UT	OpenLong	75	2	40	-10000	19	101	3.41	81%	0.45	76.8	1.63%	0	3	74	0
17	Dec_2_2004	24.42	29.16	29.16	29.69			30.35(0.07%)	UT	OpenLong	75	1.1	25	-10000	11	67	1.85	79%	0.37	97.6	1.55%	0	2	64	0
18	Dec_1_2004	24.33	29.05	28.99	29.43			30.33(4.05%)	UT	OpenLong	75	1.6	23	-10000	17	42	2.81	80%	0.37	104.6	1.55%	0	2.2	56	0
19	Nov_30_2004	24.24	28.9	28.81	29.04			29.15(-0.24%)	N/A	N/A	0	0.2	4	-10000	7	-4	0.97	78%	0.29	89.4	1.49%	0	0.4	40	0
20	Nov_29_2004	24.17	28.81	28.8	28.88			29.22(-0.61%)	N/A	N/A	0	0.5	2	-10000	10	-23	1.26	78%	0.33	77	1.51%	0	0.6	42	0

21	Nov_26_2004	24.09	28.7	28.75	28.67			29.4(1.24%)	DP	OpenShort	-65	0.9	-10	-10000	5	-54	0.42	79%	0.42	65.2	1.53%	0	0.9	43	0
22	Nov_24_2004	23.99	28.57	28.7	28.55			29.04(2.22%)	DP	OpenShort	-65	0.5	-13	-10000	3	-61	0.83	81%	0.25	54.8	1.56%	0	0.5	54	0
23	Nov_23_2004	23.93	28.46	28.73	28.49			28.41(0.21%)	DP	OpenShort	-75	-0.1	-16	-10000	-3	-55	0.82	80%	0.17	50.9	1.55%	0	-0	55	0
24	Nov_22_2004	23.89	28.37	28.86	28.55			28.35(0.71%)	DP	OpenShort	-75	-0.2	-11	-10000	-7	-23	0.89	80%	0.25	44.7	1.56%	0	-0	62	0
25	Nov_19_2004	23.83	28.28	29	28.71			28.15(-2.29%)	UD	OpenLong	65	-0.5	1	-10000	-5	19	1.04	80%		42.7	1.56%	0	-0.1	63	0
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

Click to see actual return for next trading day.