Trading Signals: MGM Stock Price Prediction and Forecast

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

Fri. Feb. 28, 2014

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

(MGM Resorts International)
MGM latest price $27.5500 (-1.11%) ($27.2500 - $27.9700) on Fri. Feb. 28, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.75% (three month average)
RSI   79
Latest Price   $27.5500(-1.11%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGM advances 0.4% a day on average for past five trading days.
Weekly Trend   MGM advances 4.9% 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(22%)    JNK(18%)    XAR(18%)    EWG(17%)    IWM(17%)
Factors Impacting MGM price   MGM will decline at least -0.875% in a week (0% probabilities).
SHY(-10%)    IGOV(-8%)    TLT(-4%)    UUP(-2%)    GLD(-2%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.875% (StdDev 1.75%)
Hourly BBV 0 ()
Intraday Trend -1.3%

5 Day Moving Average   $27.66(-0.4%)
10 Day Moving Average   $27.02(1.96%)
20 Day Moving Average   $25.87(6.49%)
To recent high   -1.1%
To recent low   43.6%
Market Cap   $13.59b

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 5.33% (three month std-dev: 1.75%) 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

> 20140328

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	Feb_28_2014	22.42	25.87	27.02	27.66			27.55(-1.11%)	UD	OpenLong	75	-0.1	46	-10000	4	170	9.26	71%	0.36	74.5	1.75%	0	1.2	79	0
2	Feb_27_2014	22.34	25.7	26.83	27.56			27.86(1.35%)	UT	HoldLong	65	0.2	53	-10000	9	186	10.86	72%	0.36	69.8	1.75%	0	1.6	85	0
3	Feb_26_2014	22.26	25.47	26.58	27.35			27.49(-0.18%)	UD	OpenLong	75	0.1	61	-10000	15	199	11.59	72%	0.36	58.3	1.75%	0	1.5	87	0
4	Feb_25_2014	22.18	25.29	26.36	27			27.54(-1.08%)	UD	OpenLong	75	0.4	59	-10000	15	191	9.57	72%	0.32	45.3	1.75%	0	1.7	78	0
5	Feb_24_2014	22.11	25.1	26.07	26.66			27.84(2.92%)	UT	HoldLong	65	1	58	-10000	16	182	10.18	72%	0.36	30.7	1.74%	0	2.3	82	0

6	Feb_21_2014	22.03	24.89	25.75	26.3			27.05(0.82%)	UT	OpenLong	75	0.7	51	-10000	13	164	9.74	72%	0.32	17.1	1.72%	0	2.1	72	0
7	Feb_20_2014	21.96	24.78	25.47	26.01			26.83(4.19%)	UT	OpenLong	75	0.9	47	-10000	14	147	15.46	72%	0.27	7.7	1.73%	0	2.2	72	0
8	Feb_19_2014	21.9	24.71	25.16	25.7			25.75(-0.39%)	UD	OpenLong	75	0.1	37	-10000	5	132	23.97	66%	0.23	-1.8	1.68%	0	1.3	73	0
9	Feb_18_2014	21.85	24.72	25.01	25.6			25.85(-0.65%)	UD	OpenLong	75	0.3	40	-10000	11	127	11.23	66%	0.37	0.8	1.75%	0	1.3	64	0
10	Feb_14_2014	21.77	24.73	24.81	25.36			26.02(1.72%)	UT	OpenLong	75	0.7	36	-10000	11	112	9.25	66%	0.23	-1.6	1.75%	0	1.4	67	0

11	Feb_13_2014	21.72	24.71	24.63	25.12			25.58(1.03%)	UT	OpenLong	75	0.5	35	-10000	12	103	7.63	67%	0.28	-5.2	1.75%	0	1	65	0
12	Feb_12_2014	21.66	24.7	24.48	24.86			25.32(0.28%)	UT	OpenLong	75	0.5	29	-10000	15	71	7.71	67%	0.23	-8.2	1.76%	0	0.7	49	0
13	Feb_11_2014	21.61	24.72	24.27	24.53			25.25(2.48%)	UT	OpenLong	75	0.8	11	-10000	10	13	10.78	67%	0.28	-12	1.76%	0	0.6	45	0
14	Feb_10_2014	21.55	24.71	24.14	24.32			24.64(-0.65%)	DP	OpenShort	-65	0.3	-3	-10000	8	-34	9.22	65%	0.23	-9.8	1.74%	0	-0.1	37	0
15	Feb_7_2014	21.5	24.71	24.05	24.16			24.8(2.1%)	DP	OpenShort	-65	0.7	-17	-10000	4	-81	7.94	64%	0.23	-5.5	1.76%	0	0.1	37	0

16	Feb_6_2014	21.45	24.75	23.95	24.08			24.29(2.62%)	DP	OpenShort	-65	0.2	-27	-10000	2	-112	9.1	63%	0.19	-2.1	1.8%	0	-0.5	40	0
17	Feb_5_2014	21.41	24.78	24.02	24.04			23.67(-2.19%)	DT	HoldShort	-50	-0.4	-28	-10000	4	-125	13.35	61%	0.19	2.6	1.77%	0	-1.2	36	0
18	Feb_4_2014	21.37	24.83	24.21	23.96			24.2(1.42%)	DP	OpenShort	-65	0.3	-33	-10000	1	-135	7.49	64%	0.28	6.1	1.75%	0	-0.7	38	0
19	Feb_3_2014	21.31	24.81	24.41	23.93			23.86(-2.05%)	DT	OpenShort	-75	-0.1	-32	-10000	0	-127	12.96	64%	0.19	6.6	1.75%	0	-1	41	0
20	Jan_31_2014	21.27	24.8	24.65	23.92			24.36(1.04%)	DP	OpenShort	-65	0.5	-25	-10000	6	-117	11.11	60%	0.28	7.2	1.72%	0	-0.5	43	0

21	Jan_30_2014	21.21	24.77	24.79	23.8			24.11(3.57%)	DP	OpenShort	-75	0.3	-35	-10000	-9	-112	12.16	60%	0.24	6.8	1.91%	0	-0.7	45	0
22	Jan_29_2014	21.16	24.75	24.95	24.01			23.28(-3.2%)	DT	OpenShort	-75	-0.7	-41	-10000	-22	-96	12.03	57%	0.19	15.8	1.86%	0	-1.5	41	0
23	Jan_28_2014	21.12	24.78	25.21	24.51			24.05(1.14%)	DP	OpenShort	-75	-0.5	-27	-10000	-20	-49	14.61	59%	0.28	33.3	1.81%	0	-0.7	49	0
24	Jan_27_2014	21.06	24.74	25.34	24.97			23.78(0%)	N/A	N/A	0	-1.2	-16	-10000	-22	4	13.57	59%	0.24	48.3	1.83%	0	-0.9	58	0
25	Jan_24_2014	21.01	24.73	25.52	25.49			23.78(-5.56%)	UD	OpenLong	65	-1.6	4	-10000	-17	68	20.36	59%		63.5	1.84%	0	-0.9	59	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.