Trading Signals: MGM Stock Price Prediction and Forecast (Tue. Apr. 1, 2003 - Fri. Dec. 22, 2023)(MGM Resorts International)
| MGM latest price $24.6300 (-0.97%) ($24.5500 - $24.9700) on Wed. Aug. 27, 2014. | |
| | Trend Analysis and Forecast | | | | Average Daily Percentage Swing | 1.33% (three month average) | | RSI | 59 | | Latest Price | $24.6300(-0.97%) | | Stocks Behave Similarly | Similar Stock List | | Daily Trend | MGM declines -0.5% a day on average for past five trading days. | | Weekly Trend | MGM advances 0.2% 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)
DIA(27%) XHB(23%) PEJ(20%) JNK(18%) XLI(18%) | | Factors Impacting MGM price | MGM will decline at least -0.665% in a week (0% probabilities).
VIXM(-10%) SHY(-10%) IGOV(-8%) TLT(-4%) UUP(-2%) | | | | | | | | Relative Volatility | (options are extremely cheap) | | | | | Market Trend Strength | -0.665% (StdDev 1.33%) | | Hourly BBV | 0 () | | Intraday Trend | -1% | | | | | |
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| 1 - 5 Day Possible Target | $19.37(-21.36%) | | Resistance Level | $25.2 | | 5 Day Moving Average | $24.91(-1.12%) | | 10 Day Moving Average | $25.01(-1.52%) | | 20 Day Moving Average | $25.2(-2.26%) | | To recent high | -9.9% | | To recent low | 0.8% | | Market Cap | $12.15b | | | | | | |
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. |