Trading Signals: MGM Stock Price Prediction and Forecast

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

Mon. Jul. 15, 2013

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

(MGM Resorts International)
MGM latest price $15.7200 (3.01%) ($15.2300 - $15.8000) on Mon. Jul. 15, 2013.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.15% (three month average)
RSI   87
Latest Price   $15.7200(3.01%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGM advances 0.2% a day on average for past five trading days.
Weekly Trend   MGM advances 4.2% 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%)    IWM(18%)    JNK(18%)    EWG(17%)
Factors Impacting MGM price   MGM will decline at least -1.075% in a week (0% probabilities).
SHY(-10%)    IGOV(-8%)    TLT(-5%)    GLD(-2%)    XLU(0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.075% (StdDev 2.15%)
Hourly BBV 0 ()
Intraday Trend 2.6%

5 Day Moving Average   $15.41(2.01%)
10 Day Moving Average   $15.3(2.75%)
20 Day Moving Average   $14.84(5.93%)
To recent high   -0.9%
To recent low   30.3%
Market Cap   $7.754b

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 4.45% (three month std-dev: 2.15%) 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

> 20130815

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	Jul_15_2013	13.89	14.84	15.3	15.41			15.72(3.01%)	UT	HoldLong	65	0.5	31	-10000	2	119	9.88	56%	0.22	23.4	2.15%	0	1.3	87	0
2	Jul_12_2013	13.86	14.79	15.2	15.38			15.26(0%)	UD	OpenLong	65	-0.2	32	-10000	-1	129	7.01	54%	0.22	22.2	2.26%	0	0.8	70	0
3	Jul_11_2013	13.83	14.77	15.13	15.4			15.26(-0.59%)	UD	OpenLong	75	-0.2	39	-10000	4	144	16.9	54%	0.22	26.6	2.27%	0	0.8	65	0
4	Jul_10_2013	13.8	14.74	15.04	15.33			15.35(-0.58%)	UD	OpenLong	75	0	36	-10000	5	129	7.36	56%	0.22	26	2.27%	0	1	53	0
5	Jul_9_2013	13.77	14.71	14.89	15.24			15.44(-0.83%)	UD	OpenLong	75	0.3	29	-10000	5	99	8.32	57%	0.15	20.4	2.28%	0	1.2	52	0

6	Jul_8_2013	13.75	14.69	14.67	15.16			15.57(1.3%)	UT	OpenLong	75	0.7	24	-10000	9	67	10.98	59%	0.15	17.5	2.28%	0	1.5	55	0
7	Jul_5_2013	13.73	14.65	14.5	15.01			15.37(2.95%)	UT	OpenLong	75	0.7	17	-10000	10	36	9.15	57%	0.22	8.7	2.31%	0	1.3	55	0
8	Jul_3_2013	13.7	14.61	14.36	14.83			14.93(0.4%)	UT	OpenLong	75	0.2	7	-10000	8	3	2.73	54%	0.15	-7.3	2.29%	0	0.6	49	0
9	Jul_2_2013	13.68	14.58	14.35	14.7			14.87(-1.39%)	N/A	N/A	0	0.3	10	-10000	14	-3	8.79	52%	0.07	-19.2	2.31%	0	0.6	51	0
10	Jul_1_2013	13.67	14.58	14.36	14.47			15.08(2.03%)	N/A	N/A	0	1.2	12	-10000	22	-19	9.22	51%	0.15	-33.4	2.33%	0	0.9	52	0

11	Jun_28_2013	13.65	14.59	14.33	14.1			14.78(2.14%)	DP	OpenShort	-65	1.3	-7	-10000	12	-63	9.29	51%	0.15	-50.6	2.34%	0	0.4	45	0
12	Jun_27_2013	13.63	14.6	14.32	13.91			14.47(1.05%)	DP	OpenShort	-65	1	-18	-10000	5	-88	5.89	51%	0.07	-56.8	2.34%	0	-0.2	45	0
13	Jun_26_2013	13.62	14.64	14.36	13.83			14.32(4.53%)	DP	OpenShort	-75	0.9	-30	-10000	-8	-97	17.11	51%	0.15	-58.5	2.34%	0	-0.6	48	0
14	Jun_25_2013	13.6	14.68	14.4	13.96			13.7(3.4%)	DP	OpenShort	-75	-0.5	-35	-10000	-17	-88	8.9	48%	0.07	-56	2.28%	0	-1.8	42	0
15	Jun_24_2013	13.59	14.76	14.51	14.24			13.25(-4.06%)	DT	OpenShort	-75	-1.9	-33	-10000	-21	-68	17.16	46%	0	-47.4	2.24%	0	-2.9	31	0

16	Jun_21_2013	13.59	14.85	14.72	14.58			13.81(-1.78%)	DT	OpenShort	-75	-2	-17	-10000	-12	-32	10.69	50%	0.07	-46.1	2.19%	0	-2.7	33	0
17	Jun_20_2013	13.58	14.92	14.84	14.77			14.06(-6.2%)	DT	OpenShort	-75	-2.4	-13	-10000	-11	-17	16.2	50%	0.15	-48.5	2.19%	0	-3	36	0
18	Jun_19_2013	13.56	14.97	14.9	14.95			14.99(-0.73%)	N/A	N/A	0	0.2	1	-10000	3	-6	7.14	53%	0.15	-51.4	2.04%	0	0.1	43	0
19	Jun_18_2013	13.54	15	14.86	14.9			15.1(1.07%)	DP	OpenShort	-65	0.8	-2	-10000	4	-21	6.47	53%	0.15	-56.9	2.06%	0	0.4	50	0
20	Jun_17_2013	13.52	15.01	14.85	14.84			14.94(1.29%)	DP	OpenShort	-75	0.4	-11	-10000	-3	-35	7.8	53%	0.15	-60.6	2.06%	0	-0.3	44	0

21	Jun_14_2013	13.5	15.03	14.87	14.89			14.75(-1.4%)	DT	OpenShort	-75	-0.5	-9	-10000	-3	-26	5.75	57%	0.15	-60.6	2.06%	0	-1	48	0
22	Jun_13_2013	13.48	15.06	14.91	14.93			14.96(1.36%)	N/A	N/A	0	0.1	0	-10000	5	-14	8.08	57%	0.15	-55.3	2.2%	0	-0.4	51	0
23	Jun_12_2013	13.46	15.08	14.94	14.85			14.76(-0.2%)	DT	HoldShort	-50	-0.3	-2	-10000	3	-18	8.3	57%	0.15	-50	2.2%	0	-1.1	45	0
24	Jun_11_2013	13.44	15.13	14.97	14.8			14.79(-2.57%)	DT	OpenShort	-75	-0	-11	-10000	-3	-33	5.93	57%	0.07	-33.2	2.2%	0	-1.1	38	0
25	Jun_10_2013	13.43	15.18	15.02	14.85			15.18(1.54%)	DP	OpenShort	-75	1	-8	-10000	0	-33	7.43	59%		-16.6	2.17%	0	0	44	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.