Trading Signals: MGM Stock Price Prediction and Forecast

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Wed. Jan. 27, 2016

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

(MGM Resorts International)
MGM latest price $19.4700 (1.88%) ($19.1300 - $19.7900) on Wed. Jan. 27, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.26% (three month average)
RSI   27
Latest Price   $19.4700(1.88%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGM advances 0.4% a day on average for past five trading days.
Weekly Trend   MGM declines -4.6% a week on average for past two weeks.
Market Behavior   Broad based sell-off for large cap. Broad based sell-off for small cap.
Correlated ETFs   Broad market will support MGM advance at 0% a week (0% probability)
IYT(35%)    DIA(24%)    VCSH(23%)    XHB(21%)    JETS(19%)
Factors Impacting MGM price   MGM will decline at least -1.13% in a week (0% probabilities).
SHY(-8%)    IGOV(-6%)    UUP(-5%)    XLU(-4%)    VIXM(-4%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.13% (StdDev 2.26%)
Hourly BBV 0 ()
Intraday Trend 1.3%

1 - 5 Day Possible Target   $7.35(-62.25%)
Resistance Level   $20.58
5 Day Moving Average   $19.17(1.56%)
10 Day Moving Average   $19.45(0.1%)
20 Day Moving Average   $20.58(-5.39%)
To recent high   -19.3%
To recent low   3.1%
Market Cap   $9.604b

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 6.46% (three month std-dev: 2.26%) 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

> 20160227

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	Jan_27_2016	21.42	20.58	19.45	19.17			19.47(1.88%)	DP	OpenShort	-65	0.2	-27	-10000	4	-121	7.83	37%	-0.09	-56.5	2.26%	0	-0.8	27	0
2	Jan_26_2016	21.44	20.74	19.6	19.09			19.11(1.16%)	DP	OpenShort	-75	0	-41	-10000	-5	-147	5.81	37%	-0.14	-50.9	2.29%	0	-1.2	22	0
3	Jan_25_2016	21.47	20.91	19.77	19.2			18.89(-2.33%)	DT	OpenShort	-75	-0.2	-46	-10000	-9	-158	4.98	37%	-0.05	-46.3	2.3%	0	-1.4	26	0
4	Jan_22_2016	21.48	21.1	19.93	19.39			19.34(1.68%)	DP	OpenShort	-75	-0	-48	-10000	-8	-167	6.05	43%	-0.05	-43.1	2.34%	0	-1.3	26	0
5	Jan_21_2016	21.49	21.22	20.06	19.58			19.02(-0.47%)	DT	OpenShort	-75	-0.4	-51	-10000	-9	-178	6.73	41%	-0.09	-39	2.33%	0	-1.6	25	0

6	Jan_20_2016	21.51	21.36	20.39	19.78			19.11(-2.65%)	DT	HoldShort	-65	-0.5	-56	-10000	-17	-172	14.08	41%	-0.05	-34.9	2.37%	0	-1.8	23	0
7	Jan_19_2016	21.52	21.48	20.75	20.18			19.63(-1.16%)	DT	OpenShort	-75	-0.5	-44	-10000	-10	-146	7.82	43%	0	-29.3	2.35%	0	-1.6	29	0
8	Jan_15_2016	21.52	21.58	21.01	20.42			19.86(-2.02%)	DT	OpenShort	-75	-0.6	-37	-10000	-5	-133	11.5	43%	0	-29.3	2.35%	0	-1.7	31	0
9	Jan_14_2016	21.52	21.7	21.29	20.55			20.27(1.25%)	DP	OpenShort	-75	-0.3	-33	-10000	-3	-123	7.32	43%	0	-28.5	2.35%	0	-1.6	33	0
10	Jan_13_2016	21.52	21.76	21.52	20.62			20.02(-5.25%)	DT	OpenShort	-75	-0.7	-44	-10000	-19	-120	7.83	43%	0.05	-32.4	2.34%	0	-2	40	0

11	Jan_12_2016	21.51	21.81	21.82	21.09			21.13(1.44%)	DP	OpenShort	-75	0.1	-30	-10000	-14	-79	7.45	47%	0.09	-28.3	2.25%	0	-0.9	48	0
12	Jan_11_2016	21.49	21.82	21.97	21.42			20.83(1.66%)	DP	OpenShort	-75	-0.7	-20	-10000	-12	-43	6.31	47%	0	-25.4	2.24%	0	-1.3	51	0
13	Jan_8_2016	21.49	21.88	22.14	21.7			20.49(-0.63%)	DT	OpenShort	-75	-1.6	-18	-10000	-18	-16	8.43	47%	-0.05	-18	2.23%	0	-1.8	45	0
14	Jan_7_2016	21.5	21.97	22.36	22.15			20.62(-7.91%)	N/A	N/A	0	-2.2	-6	-10000	-15	20	12.78	47%	-0.05	-11.1	2.25%	0	-1.9	41	0
15	Jan_6_2016	21.51	22.04	22.5	22.53			22.39(-1.58%)	UD	OpenLong	65	-0.2	13	-10000	-5	65	6.75	55%	0	-5.6	2.01%	0	0.6	63	0

16	Jan_5_2016	21.51	22.03	22.43	22.64			22.75(2.25%)	UT	OpenLong	75	0.2	23	-10000	1	88	8.26	55%	0	-3.8	2%	0	1.1	69	0
17	Jan_4_2016	21.51	22.03	22.29	22.61			22.25(-2.07%)	UD	OpenLong	65	-0.6	21	-10000	-2	89	7.46	52%	-0.05	-6.1	2.01%	0	0.4	63	0
18	Dec_31_2015	21.52	22.02	22.21	22.66			22.72(0.89%)	UT	OpenLong	75	0.1	23	-10000	2	85	2.41	61%	0	-7.9	2.11%	0	1.1	55	0
19	Dec_30_2015	21.52	22.05	22.14	22.62			22.52(-1.83%)	UD	OpenLong	75	-0.1	27	-10000	7	85	2.92	64%	0.05	-5.9	2.12%	0	0.7	53	0
20	Dec_29_2015	21.51	22.08	22.01	22.46			22.94(1.37%)	UT	OpenLong	75	0.7	25	-10000	11	67	2.58	59%	0	-8	2.14%	0	1.2	58	0

21	Dec_28_2015	21.51	22.08	21.8	22.2			22.63(0.53%)	UT	OpenLong	75	0.6	17	-10000	12	31	2.68	53%	0	-17	2.22%	0	0.8	51	0
22	Dec_24_2015	21.51	22.06	21.64	21.91			22.51(0.04%)	N/A	N/A	0	0.8	4	-10000	8	-8	0.95	53%	0	-26.7	2.34%	0	0.6	47	0
23	Dec_23_2015	21.51	22.07	21.58	21.7			22.5(3.5%)	DP	OpenShort	-65	1.1	-4	-10000	4	-27	3.11	53%	0.05	-32.9	2.34%	0	0.6	50	0
24	Dec_22_2015	21.5	22.09	21.52	21.61			21.74(0.56%)	DP	OpenShort	-65	0.2	-8	-10000	5	-48	2.48	47%	0.09	-31.5	2.32%	0	-0.5	35	0
25	Dec_21_2015	21.48	22.13	21.53	21.49			21.62(2.13%)	DP	OpenShort	-65	0.2	-13	-10000	6	-68	3.75	47%		-36	2.37%	0	-0.7	36	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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