Trading Signals: MGM Stock Price Prediction and Forecast

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Mon. Jun. 10, 2013

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

(MGM Resorts International)
MGM latest price $15.1800 (1.54%) ($14.9600 - $15.3700) on Mon. Jun. 10, 2013.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.17% (three month average)
RSI   44
Latest Price   $15.1800(1.54%)
Stocks Behave Similarly   Similar Stock List
Weekly Trend   MGM declines -1.2% 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)
PEJ(23%)    XAR(19%)    EWG(18%)    IWM(18%)    JNK(18%)
Factors Impacting MGM price   MGM will decline at least -1.085% in a week (0% probabilities).
SHY(-10%)    IGOV(-7%)    TLT(-5%)    GLD(-2%)    XLU(1%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.085% (StdDev 2.17%)
Hourly BBV 0 ()
Intraday Trend 1%

5 Day Moving Average   $14.85(2.22%)
10 Day Moving Average   $15.02(1.07%)
20 Day Moving Average   $15.18(0%)
To recent high   -4.3%
To recent low   26.6%
Market Cap   $7.488b

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 2.11% (three month std-dev: 2.17%) 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

> 20130710

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	Jun_10_2013	13.43	15.18	15.02				15.18(1.54%)	DP	OpenShort	-75	1	-8	-10000	0	-33	7.43	59%	0.22	-16.6	2.17%	0	0	44	0
2	Jun_7_2013	13.4	15.2	15.02	14.85			14.95(2.54%)	DP	OpenShort	-75	0.3	-12	-10000	-2	-41	7.16	60%	0.15	-3.1	2.17%	0	-0.7	43	0
3	Jun_6_2013	13.38	15.21	14.99	14.89			14.58(0.41%)	DP	OpenShort	-75	-0.9	-18	-10000	-9	-45	11.04	58%	0.07	8.8	2.16%	0	-1.9	38	0
4	Jun_5_2013	13.37	15.22	15.05	15.04			14.52(-3.26%)	DT	OpenShort	-75	-1.6	-14	-10000	-7	-36	12.4	58%	0.15	34.8	2.16%	0	-2.2	34	0
5	Jun_4_2013	13.35	15.24	15.15	15.16			15.01(-1.18%)	DT	OpenShort	-75	-0.5	-10	-10000	-3	-29	7.94	59%	0.15	57.4	2.12%	0	-0.8	33	0

6	Jun_3_2013	13.33	15.23	15.2	15.21			15.19(0.13%)	DT	HoldShort	-50	-0.1	-4	-10000	3	-25	8	59%	0.15	77	2.13%	0	-0.1	40	0
7	May_31_2013	13.31	15.21	15.21	15.16			15.17(-1.04%)	DP	OpenShort	-65	0	-7	-10000	3	-35	8.63	59%	0.23	82.1	2.15%	0	-0.1	42	0
8	May_30_2013	13.28	15.18	15.22	15.11			15.33(1.59%)	DP	OpenShort	-65	0.6	-8	-10000	3	-39	11.32	59%	0.23	85.7	2.16%	0	0.4	54	0
9	May_29_2013	13.25	15.11	15.23	15.06			15.09(-1.18%)	DT	OpenShort	-75	0.1	-13	-10000	-5	-35	8.64	59%	0.15	72.7	2.17%	0	-0	59	0
10	May_28_2013	13.23	15.07	15.3	15.15			15.27(2.28%)	DP	OpenShort	-75	0.2	-4	-10000	-3	-8	8.61	59%	0.23	84.1	2.17%	0	0.4	62	0

11	May_24_2013	13.2	15	15.34	15.2			14.93(0%)	N/A	N/A	0	-0.4	-1	-10000	-5	11	7.65	60%	0.15	80.6	2.15%	0	-0.1	55	0
12	May_23_2013	13.18	14.93	15.41	15.28			14.93(-0.99%)	UD	OpenLong	65	-0.5	6	-10000	-4	35	10.11	60%	0.23	86.8	2.17%	0	0	58	0
13	May_22_2013	13.15	14.87	15.44	15.34			15.08(-2.96%)	UD	OpenLong	65	-0.3	9	-10000	-5	52	11.83	60%	0.15	88.4	2.18%	0	0.3	63	0
14	May_21_2013	13.13	14.78	15.42	15.42			15.54(0.26%)	UT	HoldLong	50	0.1	17	-10000	-4	78	5.02	62%	0.31	85.2	2.14%	0	0.8	80	0
15	May_20_2013	13.09	14.64	15.34	15.48			15.5(1.04%)	UD	OpenLong	65	0	23	-10000	-2	98	6.95	62%	0.31	81	2.15%	0	0.9	71	0

16	May_17_2013	13.05	14.49	15.27	15.52			15.34(0.52%)	UD	OpenLong	65	-0.2	29	-10000	-3	124	8.63	62%	0.31	77.5	2.15%	0	0.8	74	0
17	May_16_2013	13.01	14.34	15.21	15.57			15.26(-1.17%)	UD	OpenLong	75	-0.3	40	-10000	1	155	7.97	62%	0.31	71.7	2.17%	0	0.8	75	0
18	May_15_2013	12.97	14.19	15.14	15.55			15.44(-2.65%)	UD	OpenLong	75	-0.1	51	-10000	9	178	13.44	60%	0.23	66.7	2.18%	0	1.1	78	0
19	May_14_2013	12.94	14.04	14.99	15.4			15.86(1.02%)	UT	HoldLong	65	0.4	56	-10000	14	182	10.33	62%	0.31	61.7	2.19%	0	1.5	88	0
20	May_13_2013	12.9	13.87	14.81	15.17			15.7(0.58%)	UT	HoldLong	65	0.5	55	-10000	11	186	9.24	62%	0.31	57.8	2.19%	0	1.6	89	0

21	May_10_2013	12.86	13.69	14.62	14.99			15.61(3.1%)	UT	HoldLong	65	0.6	59	-10000	12	198	21.01	60%	0.31	57.3	2.21%	0	1.8	90	0
22	May_9_2013	12.82	13.56	14.41	14.8			15.14(2.99%)	UT	HoldLong	65	0.3	57	-10000	7	207	23.55	58%	0.31	62.7	2.2%	0	1.6	89	0
23	May_8_2013	12.78	13.44	14.24	14.69			14.7(-0.07%)	UD	OpenLong	75	0	66	-10000	11	231	8.01	59%	0.24	66.6	2.19%	0	1.4	89	0
24	May_7_2013	12.75	13.34	14.08	14.51			14.71(-0.68%)	UD	OpenLong	75	0.2	61	-10000	7	221	9.32	59%	0.24	68.2	2.25%	0	1.6	78	0
25	May_6_2013	12.72	13.23	13.89	14.39			14.81(1.02%)	UT	HoldLong	65	0.5	66	-10000	14	223	7.95	59%		69.9	2.25%	0	1.9	79	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

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