Trading Signals: MGM Stock Price Prediction and Forecast

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Mon. Apr. 4, 2016

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

(MGM Resorts International)
MGM latest price $21.6200 (-1.37%) ($21.4900 - $22.1000) on Mon. Apr. 4, 2016.

Trend Analysis and Forecast

Average Daily Percentage Swing   3.05% (three month average)
RSI   57
Latest Price   $21.6200(-1.37%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   MGM advances 1.1% a day on average for past five trading days.
Weekly Trend   MGM advances 1.2% a week on average for past two weeks.
Market Behavior   Value stocks sell-off for large cap. Value stock sell-off for small cap.
Correlated ETFs   Broad market will support MGM advance at 0% a week (0% probability)
IYT(34%)    DIA(23%)    VCSH(23%)    XHB(20%)    JETS(19%)
Factors Impacting MGM price   MGM will decline at least -1.525% in a week (0% probabilities).
SHY(-8%)    UUP(-6%)    IGOV(-6%)    XLU(-4%)    VIXM(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.525% (StdDev 3.05%)
Hourly BBV 0 ()
Intraday Trend -0.9%

5 Day Moving Average   $21.5(0.56%)
10 Day Moving Average   $21.16(2.17%)
20 Day Moving Average   $20.88(3.54%)
To recent high   -5%
To recent low   30.6%
Market Cap   $10.665b

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 2.97% (three month std-dev: 3.05%) 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

> 20160504

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_4_2016	20.66	20.88	21.16	21.5			21.62(-1.37%)	UD	OpenLong	75	0.2	12	-10000	7	27	5.65	49%	-0.05	68	3.05%	0	1.2	57	0
2	Apr_1_2016	20.67	20.79	21.13	21.26			21.92(2.24%)	UT	OpenLong	75	1	12	-10000	9	21	6.24	49%	-0.05	63.7	3.06%	0	1.8	61	0
3	Mar_31_2016	20.68	20.7	21.03	20.98			21.44(0.7%)	UT	OpenLong	75	0.8	6	-10000	4	10	4.85	49%	-0.1	72.1	3.07%	0	1.3	63	0
4	Mar_30_2016	20.7	20.64	21	20.85			21.29(0.33%)	UT	OpenLong	75	0.8	3	-10000	0	11	7.18	49%	-0.1	85.2	3.07%	0	1.2	64	0
5	Mar_29_2016	20.72	20.58	20.94	20.84			21.22(3.77%)	UT	OpenLong	75	0.7	7	-10000	2	23	8.4	49%	-0.1	101.9	3.08%	0	1.2	70	0

6	Mar_28_2016	20.74	20.47	20.9	20.79			20.45(-0.34%)	UD	OpenLong	65	-0.5	3	-10000	-6	28	5.42	47%	-0.34	89	3.04%	0	-0	58	0
7	Mar_24_2016	20.81	20.39	20.95	20.98			20.52(-1.16%)	UD	OpenLong	65	-0.6	10	-10000	-3	49	7.02	47%	-0.19	80.8	3.05%	0	0.2	59	0
8	Mar_23_2016	20.85	20.3	20.94	21.07			20.76(-2.26%)	UD	OpenLong	65	-0.3	12	-10000	-3	55	3.6	49%	-0.14	74.7	3.04%	0	0.5	55	0
9	Mar_22_2016	20.88	20.18	20.88	21.16			21.24(1.29%)	UT	OpenLong	75	0.1	19	-10000	4	62	4.61	49%	-0.14	64.1	3.06%	0	1.1	60	0
10	Mar_21_2016	20.91	20.03	20.7	21.16			20.97(-2.1%)	UD	OpenLong	75	-0.1	13	-10000	0	51	6.71	49%	-0.1	57.1	3.06%	0	0.9	61	0

11	Mar_18_2016	20.93	19.92	20.59	21.04			21.42(2.24%)	UT	OpenLong	75	0.4	18	-10000	4	61	11.79	49%	-0.05	58.2	3.06%	0	1.4	73	0
12	Mar_17_2016	20.94	19.75	20.42	20.91			20.95(-1.18%)	UD	OpenLong	75	0	19	-10000	4	65	8.8	47%	-0.05	62.4	3.05%	0	1.2	72	0
13	Mar_16_2016	20.95	19.62	20.36	20.79			21.2(2.56%)	UT	HoldLong	65	0.4	25	-10000	7	79	6.58	49%	0	67.3	3.07%	0	1.6	78	0
14	Mar_15_2016	20.95	19.56	20.25	20.56			20.67(-1.29%)	UD	OpenLong	75	0.1	29	-10000	9	87	5.18	49%	-0.05	84.5	3.1%	0	1.2	76	0
15	Mar_14_2016	20.96	19.48	20.18	20.29			20.94(0.62%)	UT	HoldLong	65	0.7	28	-10000	7	89	4.93	49%	0	90.6	3.1%	0	1.6	80	0

16	Mar_11_2016	20.96	19.33	19.98	20.07			20.81(2.31%)	UT	OpenLong	75	0.9	24	-10000	6	79	4.86	47%	0	87.3	3.11%	0	1.7	69	0
17	Mar_10_2016	20.96	19.14	19.79	20.07			20.34(1.45%)	UT	OpenLong	75	0.5	19	-10000	0	74	6.49	47%	0	66	3.15%	0	1.3	72	0
18	Mar_9_2016	20.96	18.99	19.59	19.87			20.05(3.72%)	UT	HoldLong	50	0.2	18	-10000	-1	76	9.83	47%	-0.05	57.4	3.14%	0	1.1	66	0
19	Mar_8_2016	20.97	18.82	19.42	19.91			19.33(-2.47%)	UD	OpenLong	65	-0.5	13	-10000	-4	63	8.08	45%	-0.1	43.1	3.1%	0	0.5	44	0
20	Mar_7_2016	20.99	18.7	19.32	20.03			19.82(0.05%)	UT	OpenLong	75	-0.2	21	-10000	6	67	6.15	45%	-0.1	30.8	3.1%	0	1	55	0

21	Mar_4_2016	21.01	18.6	19.21	19.85			19.81(-2.56%)	UD	OpenLong	75	-0	21	-10000	6	65	10.2	45%	-0.05	18.1	3.1%	0	1.1	62	0
22	Mar_3_2016	21.02	18.54	19.04	19.67			20.33(0.3%)	UT	OpenLong	75	0.6	27	-10000	13	69	7.42	43%	-0.05	11.8	3.09%	0	1.7	71	0
23	Mar_2_2016	21.03	18.44	18.84	19.27			20.27(1.71%)	UT	OpenLong	75	1	25	-10000	14	59	7.34	43%	-0.05	-2.4	3.14%	0	1.8	68	0
24	Mar_1_2016	21.04	18.37	18.79	18.86			19.93(5.28%)	UT	OpenLong	75	1.2	26	-10000	12	69	9.28	45%	-0.05	-15	3.13%	0	1.7	70	0
25	Feb_29_2016	21.05	18.36	18.69	18.52			18.93(0.32%)	UT	OpenLong	75	0.4	18	-10000	1	70	5.79	42%		-19.5	3.04%	0	0.6	64	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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