Trading Signals: MGM Stock Price Prediction and Forecast

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Mon. Feb. 13, 2006

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

(MGM Resorts International)
MGM latest price $38.1400 (-1.14%) ($38.0300 - $39.1900) on Mon. Feb. 13, 2006.

Trend Analysis and Forecast

Average Daily Percentage Swing   1.85% (three month average)
RSI   62
Latest Price   $38.1400(-1.14%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGM advances 0.7% a day on average for past five trading days.
Weekly Trend   MGM advances 1.1% 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(19%)    XLY(18%)    IWM(17%)    SPY(17%)    EEM(16%)
Factors Impacting MGM price   MGM will decline at least -0.925% in a week (0% probabilities).
TLT(-6%)    TIP(-6%)    SHY(-6%)    GLD(-2%)    REMX(-1%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -0.925% (StdDev 1.85%)
Hourly BBV 0 ()
Intraday Trend -2.2%

5 Day Moving Average   $37.97(0.45%)
10 Day Moving Average   $37.54(1.6%)
20 Day Moving Average   $37.19(2.55%)
To recent high   -7.4%
To recent low   7.6%
Market Cap   $18.814b

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 2.15% (three month std-dev: 1.85%) 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

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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_13_2006	38.59	37.19	37.54	37.97			38.14(-1.14%)	UD	OpenLong	75	0.2	16	-10000	8	39	0.97	58%	-0.16	7	1.85%	0	1.2	62	0
2	Feb_10_2006	38.65	37.17	37.46	37.69			38.58(0.99%)	UT	OpenLong	75	1.1	19	-10000	11	42	1.2	62%	-0.13	4.3	1.85%	0	1.8	72	0
3	Feb_9_2006	38.7	37.17	37.37	37.31			38.2(-0.62%)	UD	OpenLong	75	1.2	13	-10000	6	35	1.49	62%	-0.1	2.1	1.9%	0	1.5	64	0
4	Feb_8_2006	38.74	37.12	37.3	37.09			38.44(5.32%)	UT	OpenLong	75	1.8	12	-10000	5	33	2.75	57%	-0.08	8.9	1.9%	0	1.8	60	0
5	Feb_7_2006	38.77	37.08	37.11	36.93			36.5(-0.6%)	UD	OpenLong	65	-0.6	3	-10000	-3	22	0.91	51%	-0.21	9.4	1.81%	0	-0.8	47	0

6	Feb_6_2006	38.85	37.08	37.13	37.04			36.72(0.11%)	UD	OpenLong	65	-0.5	3	-10000	-4	25	0.77	51%	-0.21	20.4	1.81%	0	-0.6	49	0
7	Feb_3_2006	38.93	37.14	37.03	37.18			36.68(-1.11%)	N/A	N/A	0	-0.7	-2	-10000	-7	12	1.39	56%	-0.23	27.7	1.82%	0	-0.6	42	0
8	Feb_2_2006	39.02	37.1	36.98	37.41			37.09(-1.49%)	UD	OpenLong	65	-0.4	1	-10000	-3	12	1.06	56%	-0.2	33.7	1.88%	0	-0	45	0
9	Feb_1_2006	39.1	37.05	36.93	37.52			37.65(1.59%)	UT	OpenLong	75	0.2	5	-10000	5	5	0.99	56%	-0.18	37.4	1.9%	0	0.7	42	0
10	Jan_31_2006	39.17	37.01	36.86	37.33			37.06(-0.96%)	DT	HoldShort	-50	-0.3	-1	-10000	3	-11	1.19	56%	-0.23	36.6	1.9%	0	0.1	45	0

11	Jan_30_2006	39.26	36.99	36.84	37.23			37.42(-1.14%)	N/A	N/A	0	0.2	3	-10000	11	-20	0.83	56%	-0.23	35.1	1.9%	0	0.5	48	0
12	Jan_27_2006	39.35	36.94	36.86	36.83			37.85(0.56%)	N/A	N/A	0	1.3	0	-10000	10	-30	1.22	56%	-0.2	22.4	1.9%	0	1.1	58	0
13	Jan_26_2006	39.43	36.84	36.83	36.48			37.64(2.59%)	DP	OpenShort	-65	1.5	-4	-10000	6	-33	1.46	41%	-0.2	10.1	1.93%	0	1	62	0
14	Jan_25_2006	39.51	36.75	36.9	36.27			36.69(0.38%)	DP	OpenShort	-75	0.5	-6	-10000	-1	-21	1.28	38%	-0.15	4.5	2.56%	0	-0.1	56	0
15	Jan_24_2006	39.57	36.72	37	36.34			36.55(3.16%)	DP	OpenShort	-75	0.2	-4	-10000	-1	-14	1.75	42%	-0.08	3.5	2.56%	0	-0.2	49	0

16	Jan_23_2006	39.6	36.71	37.12	36.41			35.43(-1.86%)	DT	OpenShort	-75	-1.1	-10	-10000	-10	-9	1.55	38%	-0.18	3	2.57%	0	-1.5	44	0
17	Jan_20_2006	39.67	36.71	37.12	36.89			36.1(-1.37%)	N/A	N/A	0	-1	-3	-10000	-7	11	1.34	38%	-0.15	16.1	2.56%	0	-0.8	51	0
18	Jan_19_2006	39.73	36.76	37.26	37.21			36.6(-1.08%)	N/A	N/A	0	-0.8	-1	-10000	-8	22	1.39	46%	-0.15	20.9	2.56%	0	-0.2	57	0
19	Jan_18_2006	39.79	36.72	37.22	37.6			37(0.27%)	UD	OpenLong	65	-0.7	7	-10000	-3	37	1.44	43%	-0.15	17	2.7%	0	0.3	60	0
20	Jan_17_2006	39.85	36.69	37.21	37.77			36.9(-2.48%)	UD	OpenLong	65	-1	10	-10000	-3	49	1.91	43%	-0.25	15.7	2.73%	0	0.3	58	0

21	Jan_13_2006	39.95	36.68	37.2	37.93			37.84(0.29%)	UT	OpenLong	75	-0.1	19	-10000	5	62	0.59	46%	-0.12	16.2	2.71%	0	1.3	63	0
22	Jan_12_2006	40	36.63	37.05	37.68			37.73(-2.13%)	UD	OpenLong	75	0.1	20	-10000	8	56	1.56	44%	-0.12	7.2	2.71%	0	1.4	61	0
23	Jan_11_2006	40.05	36.59	36.87	37.29			38.55(1.88%)	UT	OpenLong	75	1.6	18	-10000	10	43	2.01	44%	-0.07	-8.1	2.72%	0	2.5	70	0
24	Jan_10_2006	40.08	36.58	36.58	36.77			37.84(0.34%)	UT	OpenLong	75	1.7	10	-10000	4	26	1.42	41%	-0.12	-24.4	2.71%	0	2	70	0
25	Jan_9_2006	40.13	36.56	36.39	36.59			37.71(3.06%)	UT	OpenLong	75	1.5	7	-10000	4	17	2.63	41%		-33.2	2.75%	0	1.6	57	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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