Trading Signals: MGM Stock Price Prediction and Forecast

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Thu. Apr. 17, 2014

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

(MGM Resorts International)
MGM latest price $23.9600 (-1.07%) ($23.9300 - $24.4900) on Thu. Apr. 17, 2014.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.07% (three month average)
RSI   46
Latest Price   $23.9600(-1.07%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGM declines -0.1% a day on average for past five trading days.
Weekly Trend   MGM declines -4.3% 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)
XHB(24%)    PEJ(21%)    JNK(18%)    XLI(18%)    XAR(17%)
Factors Impacting MGM price   MGM will decline at least -1.035% in a week (0% probabilities).
SHY(-10%)    IGOV(-8%)    TLT(-4%)    UUP(-2%)    GLD(-2%)

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.035% (StdDev 2.07%)
Hourly BBV 0 ()
Intraday Trend -0.4%

1 - 5 Day Possible Target   $16.2(-32.39%)
Resistance Level   $24.94
5 Day Moving Average   $23.85(0.46%)
10 Day Moving Average   $24.18(-0.91%)
20 Day Moving Average   $24.94(-3.93%)
To recent high   -15.6%
To recent low   2.9%
Market Cap   $11.819b

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 4.05% (three month std-dev: 2.07%) 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

> 20140517

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	Apr_17_2014	24.64	24.94	24.18	23.85			23.96(-1.07%)	DT	OpenShort	-75	0.1	-32	-10000	-1	-125	10.63	49%	0.2	-65.2	2.07%	0	-1	46	0
2	Apr_16_2014	24.59	25.06	24.39	23.87			24.22(3.24%)	DP	OpenShort	-75	0.3	-32	-10000	-5	-112	8.48	49%	0.24	-64.5	2.09%	0	-0.8	47	0
3	Apr_15_2014	24.53	25.18	24.62	24			23.46(-0.93%)	DT	OpenShort	-75	-0.5	-29	-10000	-8	-92	14.54	46%	0.2	-61.8	2.05%	0	-1.6	41	0
4	Apr_14_2014	24.48	25.34	24.92	24.2			23.68(-0.96%)	DT	OpenShort	-75	-0.5	-19	-10000	-2	-68	9.85	48%	0.2	-61.2	2.04%	0	-1.6	39	0
5	Apr_11_2014	24.43	25.49	25.14	24.25			23.91(-0.71%)	DT	OpenShort	-75	-0.4	-27	-10000	-12	-70	8.29	48%	0.21	-70.2	2.04%	0	-1.7	38	0

6	Apr_10_2014	24.38	25.62	25.26	24.55			24.08(-3.14%)	DT	OpenShort	-75	-0.5	-30	-10000	-17	-67	11.7	48%	0.25	-75.5	2.06%	0	-1.7	37	0
7	Apr_9_2014	24.32	25.74	25.36	24.98			24.86(1.64%)	DP	OpenShort	-75	-0.1	-24	-10000	-14	-55	9.16	50%	0.25	-75.8	2.03%	0	-1	39	0
8	Apr_8_2014	24.26	25.85	25.38	25.35			24.46(2.26%)	DP	OpenShort	-75	-1	-25	-10000	-16	-50	11.75	50%	0.25	-71.4	2.02%	0	-1.6	35	0
9	Apr_7_2014	24.2	25.98	25.51	25.77			23.92(-5.94%)	DT	OpenShort	-75	-2.1	-20	-10000	-14	-36	21.73	52%	0.21	-64.2	2.01%	0	-2.4	28	0
10	Apr_4_2014	24.15	26.17	25.71	26.15			25.43(-3.12%)	N/A	N/A	0	-0.8	0	-10000	4	-12	9.76	57%	0.25	-53.5	1.92%	0	-0.9	39	0

11	Apr_3_2014	24.09	26.31	25.71	26.04			26.25(-1.69%)	N/A	N/A	0	0.2	4	-10000	11	-19	6.97	59%	0.25	-49.3	1.89%	0	-0.1	49	0
12	Apr_2_2014	24.03	26.4	25.79	25.77			26.7(0.64%)	N/A	N/A	0	0.9	1	-10000	14	-38	6.33	59%	0.33	-51.2	1.88%	0	0.3	50	0
13	Apr_1_2014	23.95	26.47	25.76	25.43			26.53(2.59%)	DP	OpenShort	-65	1	-11	-10000	8	-69	11.37	59%	0.34	-54.2	1.88%	0	0.1	43	0
14	Mar_31_2014	23.87	26.55	25.77	25.43			25.86(3.94%)	DP	OpenShort	-75	0.6	-22	-10000	0	-89	10.31	58%	0.29	-55.2	1.87%	0	-0.6	35	0
15	Mar_28_2014	23.8	26.63	25.83	25.24			24.88(-0.08%)	DT	HoldShort	-65	-0.3	-36	-10000	-11	-110	11.51	55%	0.25	-57	1.8%	0	-1.6	14	0

16	Mar_27_2014	23.74	26.77	25.98	25.5			24.9(-0.28%)	DT	HoldShort	-65	-0.6	-39	-10000	-13	-117	14.1	55%	0.25	-51.9	1.81%	0	-1.8	12	0
17	Mar_26_2014	23.68	26.93	26.15	25.8			24.97(-2.5%)	DT	HoldShort	-65	-0.9	-40	-10000	-14	-119	9.09	55%	0.3	-44.4	1.81%	0	-2.1	12	0
18	Mar_25_2014	23.61	27.06	26.35	26.12			25.61(-0.93%)	DT	HoldShort	-65	-0.6	-36	-10000	-10	-113	7.82	57%	0.25	-30.9	1.78%	0	-1.7	18	0
19	Mar_24_2014	23.55	27.17	26.5	26.36			25.85(-1.26%)	DT	HoldShort	-65	-0.7	-32	-10000	-6	-110	9.11	57%	0.3	-16.1	1.79%	0	-1.7	18	0
20	Mar_21_2014	23.48	27.27	26.68	26.51			26.18(-0.76%)	DT	OpenShort	-75	-0.5	-26	-10000	-1	-100	6.48	57%	0.3	0	1.77%	0	-1.6	35	0

21	Mar_20_2014	23.41	27.32	26.88	26.53			26.38(-0.75%)	DT	OpenShort	-75	-0.2	-24	-10000	-1	-92	8.04	57%	0.3	11.2	1.78%	0	-1.4	37	0
22	Mar_19_2014	23.34	27.35	27.08	26.55			26.58(-0.78%)	DT	OpenShort	-75	0	-24	-10000	-3	-87	5.19	57%	0.26	20.9	1.77%	0	-1.1	35	0
23	Mar_18_2014	23.28	27.32	27.24	26.62			26.79(0.68%)	DP	OpenShort	-75	0.2	-20	-10000	-2	-75	6.66	59%	0.3	25.2	1.77%	0	-0.7	43	0
24	Mar_17_2014	23.21	27.29	27.38	26.68			26.61(1.29%)	DP	OpenShort	-75	-0.1	-24	-10000	-9	-67	6.54	60%	0.3	34.3	1.78%	0	-0.9	41	0
25	Mar_14_2014	23.14	27.27	27.49	26.9			26.27(-0.87%)	DT	OpenShort	-75	-0.8	-27	-10000	-16	-58	7.6	62%		48.1	1.8%	0	-1.2	33	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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