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MGM Resorts International
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PenkeI guess you are interested in MGM Resorts International. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of MGM Resorts International. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of MGM Resorts International (30 sec.)










What can you expect buying and holding a share of MGM Resorts International? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
86.2%

What is your share worth?

Current worth
€12.36
Expected worth in 1 year
€11.64
How sure are you?
37.9%

+ What do you gain per year?

Total Gains per Share
€-0.73
Return On Investment
-1.7%

For what price can you sell your share?

Current Price per Share
€42.81
Expected price per share
€38.28 - €46.39
How sure are you?
50%

1. Valuation of MGM Resorts International (5 min.)




Live pricePrice per Share (EOD)

€42.81

Intrinsic Value Per Share

€102.11 - €121.76

Total Value Per Share

€114.47 - €134.13

2. Growth of MGM Resorts International (5 min.)




Is MGM Resorts International growing?

Current yearPrevious yearGrowGrow %
How rich?$4.3b$7.1b-$2.4b-51.7%

How much money is MGM Resorts International making?

Current yearPrevious yearGrowGrow %
Making money$285.5m$368.2m-$82.7m-29.0%
Net Profit Margin7.1%11.3%--

How much money comes from the company's main activities?

3. Financial Health of MGM Resorts International (5 min.)




4. Comparing to competitors in the Resorts & Casinos industry (5 min.)




  Industry Rankings (Resorts & Casinos)  

What can you expect buying and holding a share of MGM Resorts International? (5 min.)

Welcome investor! MGM Resorts International's management wants to use your money to grow the business. In return you get a share of MGM Resorts International.

What can you expect buying and holding a share of MGM Resorts International?

First you should know what it really means to hold a share of MGM Resorts International. And how you can make/lose money.

Speculation

The Price per Share of MGM Resorts International is €42.81. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of MGM Resorts International.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in MGM Resorts International, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €12.36. Based on the TTM, the Book Value Change Per Share is €-0.18 per quarter. Based on the YOY, the Book Value Change Per Share is €-2.14 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of MGM Resorts International.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.962.2%0.641.5%1.954.6%0.751.7%0.781.8%
Usd Book Value Change Per Share0.290.7%-0.20-0.5%-2.31-5.4%-0.98-2.3%0.461.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.050.1%0.090.2%
Usd Total Gains Per Share0.290.7%-0.20-0.5%-2.31-5.4%-0.94-2.2%0.551.3%
Usd Price Per Share43.95-41.60-34.30-32.33-30.98-
Price to Earnings Ratio11.45-17.33-2.63-12.08-12.44-
Price-to-Total Gains Ratio153.05-128.99--78.43--168.39--128.18-
Price to Book Ratio3.29-3.06-1.97-1.68-1.45-
Price-to-Total Gains Ratio153.05-128.99--78.43--168.39--128.18-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share46.3021685
Number of shares21
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.05
Usd Book Value Change Per Share-0.20-0.98
Usd Total Gains Per Share-0.20-0.94
Gains per Quarter (21 shares)-4.13-19.68
Gains per Year (21 shares)-16.53-78.73
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-17-274-83-89
20-33-448-165-168
30-50-6112-248-247
40-66-7816-331-326
50-83-9520-414-405
60-99-11224-496-484
70-116-12928-579-563
80-132-14632-662-642
90-149-16336-745-721
100-165-18040-827-800

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%10.02.00.083.3%14.06.00.070.0%22.07.00.075.9%22.07.00.075.9%
Book Value Change Per Share2.02.00.050.0%4.08.00.033.3%6.014.00.030.0%11.018.00.037.9%11.018.00.037.9%
Dividend per Share0.00.04.00.0%8.00.04.066.7%16.00.04.080.0%25.00.04.086.2%25.00.04.086.2%
Total Gains per Share2.02.00.050.0%4.08.00.033.3%6.014.00.030.0%11.018.00.037.9%11.018.00.037.9%

Fundamentals of MGM Resorts International

About MGM Resorts International

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and internationally. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.

Fundamental data was last updated by Penke on 2024-03-17 06:51:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is fair priced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of MGM Resorts International.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit MGM Resorts International earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare MGM Resorts International to the Resorts & Casinos industry mean.
  • A Net Profit Margin of 7.2% means that €0.07 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of MGM Resorts International:

  • The MRQ is 7.2%. The company is making a profit. +1
  • The TTM is 7.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ7.2%TTM7.1%+0.1%
TTM7.1%YOY11.3%-4.2%
TTM7.1%5Y-8.1%+15.1%
5Y-8.1%10Y-2.3%-5.8%
Compared to industry (Resorts & Casinos)
PeriodCompanyIndustry (mean)+/- 
MRQ7.2%3.1%+4.1%
TTM7.1%3.3%+3.8%
YOY11.3%-7.8%+19.1%
5Y-8.1%-12.3%+4.2%
10Y-2.3%-7.6%+5.3%
1.1.2. Return on Assets

Shows how efficient MGM Resorts International is using its assets to generate profit.

  • Above 5% is considered healthy but always compare MGM Resorts International to the Resorts & Casinos industry mean.
  • 0.7% Return on Assets means that MGM Resorts International generated €0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of MGM Resorts International:

  • The MRQ is 0.7%. Using its assets, the company is inefficient in making profit. -1
  • The TTM is 0.7%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ0.7%TTM0.7%+0.1%
TTM0.7%YOY0.8%-0.1%
TTM0.7%5Y0.6%+0.1%
5Y0.6%10Y0.7%-0.1%
Compared to industry (Resorts & Casinos)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7%0.4%+0.3%
TTM0.7%0.6%+0.1%
YOY0.8%-0.4%+1.2%
5Y0.6%-0.3%+0.9%
10Y0.7%0.9%-0.2%
1.1.3. Return on Equity

Shows how efficient MGM Resorts International is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare MGM Resorts International to the Resorts & Casinos industry mean.
  • 8.2% Return on Equity means MGM Resorts International generated €0.08 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of MGM Resorts International:

  • The MRQ is 8.2%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 6.6%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.2%TTM6.6%+1.6%
TTM6.6%YOY6.2%+0.4%
TTM6.6%5Y4.0%+2.6%
5Y4.0%10Y3.9%+0.1%
Compared to industry (Resorts & Casinos)
PeriodCompanyIndustry (mean)+/- 
MRQ8.2%0.6%+7.6%
TTM6.6%1.3%+5.3%
YOY6.2%0.5%+5.7%
5Y4.0%-0.9%+4.9%
10Y3.9%1.2%+2.7%

1.2. Operating Efficiency of MGM Resorts International.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient MGM Resorts International is operating .

  • Measures how much profit MGM Resorts International makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare MGM Resorts International to the Resorts & Casinos industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of MGM Resorts International:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-13.7%+13.7%
TTM-5Y-7.3%+7.3%
5Y-7.3%10Y-1.0%-6.4%
Compared to industry (Resorts & Casinos)
PeriodCompanyIndustry (mean)+/- 
MRQ-10.9%-10.9%
TTM-6.9%-6.9%
YOY-13.7%5.3%-19.0%
5Y-7.3%-4.9%-2.4%
10Y-1.0%1.3%-2.3%
1.2.2. Operating Ratio

Measures how efficient MGM Resorts International is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Resorts & Casinos industry mean).
  • An Operation Ratio of 1.45 means that the operating costs are €1.45 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of MGM Resorts International:

  • The MRQ is 1.447. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.431. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.447TTM1.431+0.016
TTM1.431YOY1.625-0.195
TTM1.4315Y1.733-0.302
5Y1.73310Y1.582+0.151
Compared to industry (Resorts & Casinos)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4471.117+0.330
TTM1.4311.203+0.228
YOY1.6251.314+0.311
5Y1.7331.272+0.461
10Y1.5821.154+0.428

1.3. Liquidity of MGM Resorts International.

1.3. Liquidity
1.3.1. Current Ratio

Measures if MGM Resorts International is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Resorts & Casinos industry mean).
  • A Current Ratio of 1.57 means the company has €1.57 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of MGM Resorts International:

  • The MRQ is 1.571. The company is able to pay all its short-term debts. +1
  • The TTM is 1.895. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.571TTM1.895-0.324
TTM1.895YOY1.551+0.344
TTM1.8955Y1.957-0.062
5Y1.95710Y1.614+0.343
Compared to industry (Resorts & Casinos)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5711.305+0.266
TTM1.8951.397+0.498
YOY1.5511.271+0.280
5Y1.9571.380+0.577
10Y1.6141.450+0.164
1.3.2. Quick Ratio

Measures if MGM Resorts International is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare MGM Resorts International to the Resorts & Casinos industry mean.
  • A Quick Ratio of 0.30 means the company can pay off €0.30 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of MGM Resorts International:

  • The MRQ is 0.297. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.273. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.297TTM0.273+0.024
TTM0.273YOY0.173+0.100
TTM0.2735Y0.227+0.047
5Y0.22710Y0.217+0.009
Compared to industry (Resorts & Casinos)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2970.862-0.565
TTM0.2730.757-0.484
YOY0.1730.893-0.720
5Y0.2271.166-0.939
10Y0.2171.134-0.917

1.4. Solvency of MGM Resorts International.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of MGM Resorts International assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare MGM Resorts International to Resorts & Casinos industry mean.
  • A Debt to Asset Ratio of 0.90 means that MGM Resorts International assets are financed with 89.7% credit (debt) and the remaining percentage (100% - 89.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of MGM Resorts International:

  • The MRQ is 0.897. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.890. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.897TTM0.890+0.007
TTM0.890YOY0.836+0.053
TTM0.8905Y0.752+0.138
5Y0.75210Y0.724+0.028
Compared to industry (Resorts & Casinos)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8970.642+0.255
TTM0.8900.629+0.261
YOY0.8360.599+0.237
5Y0.7520.565+0.187
10Y0.7240.545+0.179
1.4.2. Debt to Equity Ratio

Measures if MGM Resorts International is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare MGM Resorts International to the Resorts & Casinos industry mean.
  • A Debt to Equity ratio of 997.1% means that company has €9.97 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of MGM Resorts International:

  • The MRQ is 9.971. The company is unable to pay all its debts with equity. -1
  • The TTM is 9.029. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ9.971TTM9.029+0.942
TTM9.029YOY7.428+1.601
TTM9.0295Y5.483+3.545
5Y5.48310Y4.675+0.808
Compared to industry (Resorts & Casinos)
PeriodCompanyIndustry (mean)+/- 
MRQ9.9711.451+8.520
TTM9.0291.392+7.637
YOY7.4281.332+6.096
5Y5.4831.438+4.045
10Y4.6751.401+3.274

2. Market Valuation of MGM Resorts International

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings MGM Resorts International generates.

  • Above 15 is considered overpriced but always compare MGM Resorts International to the Resorts & Casinos industry mean.
  • A PE ratio of 11.45 means the investor is paying €11.45 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of MGM Resorts International:

  • The EOD is 12.059. Based on the earnings, the company is underpriced. +1
  • The MRQ is 11.447. Based on the earnings, the company is underpriced. +1
  • The TTM is 17.329. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD12.059MRQ11.447+0.611
MRQ11.447TTM17.329-5.882
TTM17.329YOY2.630+14.699
TTM17.3295Y12.082+5.247
5Y12.08210Y12.438-0.356
Compared to industry (Resorts & Casinos)
PeriodCompanyIndustry (mean)+/- 
EOD12.0598.745+3.314
MRQ11.4477.993+3.454
TTM17.3292.834+14.495
YOY2.630-1.096+3.726
5Y12.0822.389+9.693
10Y12.43810.900+1.538
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of MGM Resorts International:

  • The EOD is 9.763. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 9.268. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 8.591. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD9.763MRQ9.268+0.495
MRQ9.268TTM8.591+0.677
TTM8.591YOY16.740-8.149
TTM8.5915Y4.440+4.151
5Y4.44010Y3.062+1.378
Compared to industry (Resorts & Casinos)
PeriodCompanyIndustry (mean)+/- 
EOD9.7634.211+5.552
MRQ9.2684.170+5.098
TTM8.5913.816+4.775
YOY16.7400.782+15.958
5Y4.4400.025+4.415
10Y3.0621.888+1.174
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of MGM Resorts International is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Resorts & Casinos industry mean).
  • A PB ratio of 3.29 means the investor is paying €3.29 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of MGM Resorts International:

  • The EOD is 3.462. Based on the equity, the company is fair priced.
  • The MRQ is 3.286. Based on the equity, the company is fair priced.
  • The TTM is 3.056. Based on the equity, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD3.462MRQ3.286+0.175
MRQ3.286TTM3.056+0.231
TTM3.056YOY1.970+1.085
TTM3.0565Y1.676+1.380
5Y1.67610Y1.452+0.224
Compared to industry (Resorts & Casinos)
PeriodCompanyIndustry (mean)+/- 
EOD3.4621.019+2.443
MRQ3.2861.165+2.121
TTM3.0561.151+1.905
YOY1.9701.674+0.296
5Y1.6762.071-0.395
10Y1.4522.054-0.602
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of MGM Resorts International compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.266-0.182+169%-2.137+905%-0.910+443%0.426-38%
Book Value Per Share--12.36512.583-2%16.449-25%20.586-40%23.065-46%
Current Ratio--1.5711.895-17%1.551+1%1.957-20%1.614-3%
Debt To Asset Ratio--0.8970.890+1%0.836+7%0.752+19%0.724+24%
Debt To Equity Ratio--9.9719.029+10%7.428+34%5.483+82%4.675+113%
Dividend Per Share----0%0.002-100%0.044-100%0.086-100%
Eps--0.8870.589+51%1.802-51%0.691+28%0.717+24%
Free Cash Flow Per Share--1.0961.169-6%0.567+93%0.336+227%0.336+227%
Free Cash Flow To Equity Per Share---1.247-2.111+69%-0.142-89%-0.765-39%-0.765-39%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--121.762--------
Intrinsic Value_10Y_min--102.110--------
Intrinsic Value_1Y_max--4.245--------
Intrinsic Value_1Y_min--4.165--------
Intrinsic Value_3Y_max--18.819--------
Intrinsic Value_3Y_min--17.844--------
Intrinsic Value_5Y_max--40.703--------
Intrinsic Value_5Y_min--37.258--------
Market Cap13683817474.880+3%13269364979.53513339269839.165-1%12720357375.316+4%12313009067.310+8%11058932257.186+20%
Net Profit Margin--0.0720.071+1%0.113-36%-0.081+212%-0.023+132%
Operating Margin----0%-0.1370%-0.0730%-0.0100%
Operating Ratio--1.4471.431+1%1.625-11%1.733-17%1.582-9%
Pb Ratio3.462+5%3.2863.056+8%1.970+67%1.676+96%1.452+126%
Pe Ratio12.059+5%11.44717.329-34%2.630+335%12.082-5%12.438-8%
Price Per Share42.805+5%40.63538.454+6%31.711+28%29.888+36%28.643+42%
Price To Free Cash Flow Ratio9.763+5%9.2688.591+8%16.740-45%4.440+109%3.062+203%
Price To Total Gains Ratio161.223+5%153.049128.991+19%-78.430+151%-168.385+210%-128.176+184%
Quick Ratio--0.2970.273+9%0.173+72%0.227+31%0.217+37%
Return On Assets--0.0070.007+11%0.008-3%0.006+25%0.007+6%
Return On Equity--0.0820.066+24%0.062+33%0.040+106%0.039+110%
Total Gains Per Share--0.266-0.182+169%-2.134+904%-0.867+426%0.513-48%
Usd Book Value--4367639231.4074726665344.223-8%7170557940.976-39%9324357456.573-53%9496999087.749-54%
Usd Book Value Change Per Share--0.287-0.197+169%-2.311+905%-0.985+443%0.461-38%
Usd Book Value Per Share--13.37513.611-2%17.793-25%22.268-40%24.949-46%
Usd Dividend Per Share----0%0.002-100%0.048-100%0.093-100%
Usd Eps--0.9600.637+51%1.950-51%0.747+28%0.776+24%
Usd Free Cash Flow--387190254.184439754917.803-12%247856594.413+56%93476108.425+314%64466281.673+501%
Usd Free Cash Flow Per Share--1.1861.265-6%0.614+93%0.363+227%0.363+227%
Usd Free Cash Flow To Equity Per Share---1.349-2.283+69%-0.154-89%-0.828-39%-0.828-39%
Usd Market Cap14801785362.578+3%14353472098.36314429088185.025-1%13759610572.880+4%13318981908.110+8%11962447022.598+20%
Usd Price Per Share46.302+5%43.95541.595+6%34.302+28%32.330+36%30.983+42%
Usd Profit--313469921.009285554037.499+10%368284905.848-15%244310982.198+28%253035318.659+24%
Usd Revenue--4375701486.5694041190149.620+8%3281975121.225+33%2851771655.716+53%2803679388.817+56%
Usd Total Gains Per Share--0.287-0.197+169%-2.309+904%-0.937+426%0.555-48%
 EOD+4 -4MRQTTM+17 -15YOY+17 -175Y+21 -1310Y+17 -17

3.2. Fundamental Score

Let's check the fundamental score of MGM Resorts International based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1512.059
Price to Book Ratio (EOD)Between0-13.462
Net Profit Margin (MRQ)Greater than00.072
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.297
Current Ratio (MRQ)Greater than11.571
Debt to Asset Ratio (MRQ)Less than10.897
Debt to Equity Ratio (MRQ)Less than19.971
Return on Equity (MRQ)Greater than0.150.082
Return on Assets (MRQ)Greater than0.050.007
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of MGM Resorts International based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5072.622
Ma 20Greater thanMa 5039.957
Ma 50Greater thanMa 10040.078
Ma 100Greater thanMa 20039.176
OpenGreater thanClose42.805
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Tax Provision  264,349-111,086153,263-117,07736,186-24,68511,501-66,528-55,027



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets42,368,548
Total Liabilities38,001,047
Total Stockholder Equity3,811,170
 As reported
Total Liabilities 38,001,047
Total Stockholder Equity+ 3,811,170
Total Assets = 42,368,548

Assets

Total Assets42,368,548
Total Current Assets4,910,593
Long-term Assets37,457,955
Total Current Assets
Cash And Cash Equivalents 2,927,833
Net Receivables 929,135
Inventory 141,678
Other Current Assets 770,503
Total Current Assets  (as reported)4,910,593
Total Current Assets  (calculated)4,769,149
+/- 141,444
Long-term Assets
Property Plant Equipment 29,477,009
Goodwill 5,165,694
Long Term Investments 240,803
Intangible Assets 1,724,582
Long-term Assets Other 849,867
Long-term Assets  (as reported)37,457,955
Long-term Assets  (calculated)37,457,955
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities3,126,068
Long-term Liabilities34,874,979
Total Stockholder Equity3,811,170
Total Current Liabilities
Short Long Term Debt 60,173
Accounts payable 461,718
Total Current Liabilities  (as reported)3,126,068
Total Current Liabilities  (calculated)521,891
+/- 2,604,177
Long-term Liabilities
Long term Debt 6,343,810
Capital Lease Obligations Min Short Term Debt25,211,618
Long-term Liabilities Other 542,708
Long-term Liabilities  (as reported)34,874,979
Long-term Liabilities  (calculated)32,098,136
+/- 2,776,843
Total Stockholder Equity
Retained Earnings 3,664,008
Total Stockholder Equity (as reported)3,811,170
Total Stockholder Equity (calculated)3,664,008
+/- 147,162
Other
Capital Stock3,266
Common Stock Shares Outstanding 326,550
Net Debt 3,476,150
Net Invested Capital 10,215,153
Net Working Capital 1,784,525
Property Plant and Equipment Gross 34,653,635



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-31
> Total Assets 
28,173,301
28,303,092
28,542,931
29,101,890
29,159,178
29,298,270
28,977,160
29,973,515
30,210,706
31,146,921
30,813,715
31,168,871
33,876,356
39,118,905
37,471,285
37,004,775
36,494,934
37,330,767
36,776,378
41,338,323
40,899,116
38,650,005
48,432,138
47,330,222
45,692,206
43,542,229
42,905,829
42,572,459
42,368,548
42,368,54842,572,45942,905,82943,542,22945,692,20647,330,22248,432,13838,650,00540,899,11641,338,32336,776,37837,330,76736,494,93437,004,77537,471,28539,118,90533,876,35631,168,87130,813,71531,146,92130,210,70629,973,51528,977,16029,298,27029,159,17829,101,89028,542,93128,303,09228,173,301
   > Total Current Assets 
2,229,587
2,172,718
2,485,131
2,794,536
2,374,627
2,392,713
2,083,116
2,208,024
2,526,778
2,207,135
2,040,034
2,880,746
4,007,693
7,597,929
6,370,768
6,186,281
5,950,659
7,083,867
6,574,543
6,670,321
6,416,182
4,514,945
9,166,781
8,783,182
8,154,692
6,231,104
5,616,995
5,259,173
4,910,593
4,910,5935,259,1735,616,9956,231,1048,154,6928,783,1829,166,7814,514,9456,416,1826,670,3216,574,5437,083,8675,950,6596,186,2816,370,7687,597,9294,007,6932,880,7462,040,0342,207,1352,526,7782,208,0242,083,1162,392,7132,374,6272,794,5362,485,1312,172,7182,229,587
       Cash And Cash Equivalents 
1,446,581
1,395,444
1,757,062
1,986,688
1,499,995
1,525,402
1,272,872
1,302,677
1,526,762
1,223,404
1,160,591
1,233,569
2,329,604
6,016,417
4,835,505
4,593,872
5,101,637
6,171,512
5,626,232
5,570,833
4,703,059
2,719,115
5,784,173
5,295,434
5,911,893
4,505,318
3,843,366
3,316,360
2,927,833
2,927,8333,316,3603,843,3664,505,3185,911,8935,295,4345,784,1732,719,1154,703,0595,570,8335,626,2326,171,5125,101,6374,593,8724,835,5056,016,4172,329,6041,233,5691,160,5911,223,4041,526,7621,302,6771,272,8721,525,4021,499,9951,986,6881,757,0621,395,4441,446,581
       Net Receivables 
542,924
493,765
476,488
515,423
583,096
547,244
520,474
566,198
685,637
602,602
562,772
550,345
639,884
499,285
453,572
498,790
559,917
602,365
657,034
731,308
857,777
593,466
901,540
943,058
925,165
752,965
703,971
812,187
929,135
929,135812,187703,971752,965925,165943,058901,540593,466857,777731,308657,034602,365559,917498,790453,572499,285639,884550,345562,772602,602685,637566,198520,474547,244583,096515,423476,488493,765542,924
       Inventory 
97,733
100,502
103,119
101,242
102,292
107,309
109,130
104,438
110,831
111,302
106,707
104,206
102,888
106,327
106,791
97,316
88,323
82,346
79,019
94,198
96,374
102,050
115,100
113,323
126,065
128,732
130,889
135,859
141,678
141,678135,859130,889128,732126,065113,323115,100102,05096,37494,19879,01982,34688,32397,316106,791106,327102,888104,206106,707111,302110,831104,438109,130107,309102,292101,242103,119100,50297,733
       Other Current Assets 
142,349
183,007
148,462
191,183
189,244
212,758
0
0
0
0
0
735,000
735,000
735,000
751,000
751,000
0
0
0
0
500,000
365,554
2,028,267
2,024,788
608,437
842,028
809,272
834,961
770,503
770,503834,961809,272842,028608,4372,024,7882,028,267365,554500,0000000751,000751,000735,000735,000735,00000000212,758189,244191,183148,462183,007142,349
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
28,939,786
28,773,681
28,288,125
29,868,663
31,520,976
31,100,517
30,818,494
30,544,275
30,246,900
30,201,835
34,668,002
34,482,934
34,135,060
39,265,357
38,547,040
37,537,514
37,311,125
37,288,834
37,313,286
37,457,955
37,457,95537,313,28637,288,83437,311,12537,537,51438,547,04039,265,35734,135,06034,482,93434,668,00230,201,83530,246,90030,544,27530,818,49431,100,51731,520,97629,868,66328,288,12528,773,68128,939,786000000000
       Property Plant Equipment 
18,425,023
18,619,666
18,896,912
19,134,748
19,635,459
19,711,829
19,863,078
20,733,381
20,729,888
21,838,350
21,719,154
21,254,968
22,678,436
23,598,612
23,357,015
23,122,908
22,918,785
22,694,929
22,553,656
26,079,456
25,928,298
0
29,801,320
29,745,267
29,754,857
29,544,046
29,510,184
29,407,174
29,477,009
29,477,00929,407,17429,510,18429,544,04629,754,85729,745,26729,801,320025,928,29826,079,45622,553,65622,694,92922,918,78523,122,90823,357,01523,598,61222,678,43621,254,96821,719,15421,838,35020,729,88820,733,38119,863,07819,711,82919,635,45919,134,74818,896,91218,619,66618,425,023
       Goodwill 
1,817,119
1,814,028
1,807,772
1,807,009
1,806,531
1,800,586
1,801,034
1,822,009
1,821,392
2,001,646
2,080,904
2,076,431
2,084,564
2,091,595
2,091,697
2,091,769
2,091,278
2,087,458
2,089,212
3,484,966
3,480,997
3,474,861
4,705,842
4,945,188
5,029,312
5,024,905
5,029,189
5,142,838
5,165,694
5,165,6945,142,8385,029,1895,024,9055,029,3124,945,1884,705,8423,474,8613,480,9973,484,9662,089,2122,087,4582,091,2782,091,7692,091,6972,091,5952,084,5642,076,4312,080,9042,001,6461,821,3921,822,0091,801,0341,800,5861,806,5311,807,0091,807,7721,814,0281,817,119
       Long Term Investments 
1,220,443
1,252,432
967,287
994,220
1,010,045
1,056,216
896,119
684,335
663,505
730,996
746,733
758,992
822,366
1,596,170
1,468,495
1,473,955
1,447,043
1,439,454
1,484,717
941,145
967,044
1,008,144
155,600
185,758
173,039
153,856
156,993
231,998
240,803
240,803231,998156,993153,856173,039185,758155,6001,008,144967,044941,1451,484,7171,439,4541,447,0431,473,9551,468,4951,596,170822,366758,992746,733730,996663,505684,335896,1191,056,2161,010,045994,220967,2871,252,4321,220,443
       Intangible Assets 
4,087,706
4,033,756
3,972,046
3,924,566
3,877,960
3,819,369
3,776,770
3,991,963
3,944,463
4,046,756
3,922,684
3,866,536
3,826,504
3,795,850
3,746,734
3,697,549
3,643,748
3,586,603
3,545,815
3,669,107
3,616,385
3,555,466
3,598,127
2,806,163
1,551,252
1,756,151
1,734,012
1,733,379
1,724,582
1,724,5821,733,3791,734,0121,756,1511,551,2522,806,1633,598,1273,555,4663,616,3853,669,1073,545,8153,586,6033,643,7483,697,5493,746,7343,795,8503,826,5043,866,5363,922,6844,046,7563,944,4633,991,9633,776,7703,819,3693,877,9603,924,5663,972,0464,033,7564,087,706
       Long-term Assets Other 
0
0
0
0
0
0
0
0
0
322,038
304,206
331,198
456,793
438,749
436,576
432,313
443,421
438,456
528,435
493,328
490,210
513,621
1,004,468
864,664
1,029,054
832,167
858,456
797,897
849,867
849,867797,897858,456832,1671,029,054864,6641,004,468513,621490,210493,328528,435438,456443,421432,313436,576438,749456,793331,198304,206322,038000000000
> Total Liabilities 
21,898,982
21,870,828
18,254,593
18,717,813
17,432,685
17,819,219
18,050,251
19,133,997
19,638,665
19,929,056
19,858,994
20,648,253
21,213,437
25,786,904
25,122,503
25,302,113
25,315,026
26,098,248
25,672,256
29,677,346
29,922,350
28,639,483
41,091,546
41,368,485
40,323,733
38,310,468
38,060,746
38,110,741
38,001,047
38,001,04738,110,74138,060,74638,310,46840,323,73341,368,48541,091,54628,639,48329,922,35029,677,34625,672,25626,098,24825,315,02625,302,11325,122,50325,786,90421,213,43720,648,25319,858,99419,929,05619,638,66519,133,99718,050,25117,819,21917,432,68518,717,81318,254,59321,870,82821,898,982
   > Total Current Liabilities 
2,293,421
2,124,764
2,679,568
2,735,760
3,092,382
3,586,888
3,064,793
2,977,590
2,948,882
2,812,678
2,786,539
3,293,244
3,191,423
2,626,247
2,575,128
2,766,784
1,856,583
1,835,386
2,036,371
3,410,460
3,442,264
3,599,601
5,544,580
5,895,504
4,515,892
2,844,427
2,749,404
2,962,069
3,126,068
3,126,0682,962,0692,749,4042,844,4274,515,8925,895,5045,544,5803,599,6013,442,2643,410,4602,036,3711,835,3861,856,5832,766,7842,575,1282,626,2473,191,4233,293,2442,786,5392,812,6782,948,8822,977,5903,064,7933,586,8883,092,3822,735,7602,679,5682,124,7642,293,421
       Short-term Debt 
278,736
214,861
13,201,254
466,375
158,042
539,608
13,513,341
0
43,411
2,548
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000002,54843,411013,513,341539,608158,042466,37513,201,254214,861278,736
       Short Long Term Debt 
278,736
214,861
13,201,254
466,375
158,042
539,608
13,513,341
0
43,411
2,548
0
0
0
0
0
0
0
0
0
1,000,000
1,000,000
1,250,000
1,250,000
1,351,422
1,369,924
150,874
95,425
114,714
60,173
60,173114,71495,425150,8741,369,9241,351,4221,250,0001,250,0001,000,0001,000,0000000000002,54843,411013,513,341539,608158,042466,37513,201,254214,861278,736
       Accounts payable 
2,014,685
1,909,903
206,144
242,604
255,028
253,391
268,140
301,008
302,578
336,586
277,591
253,637
235,437
202,735
122,428
150,445
142,523
160,894
210,654
273,447
263,097
281,225
359,258
403,756
369,817
347,344
298,807
412,757
461,718
461,718412,757298,807347,344369,817403,756359,258281,225263,097273,447210,654160,894142,523150,445122,428202,735235,437253,637277,591336,586302,578301,008268,140253,391255,028242,604206,1441,909,9032,014,685
       Other Current Liabilities 
0
292,209
263,324
253,099
1,556,687
1,800,239
1,787,052
1,591,450
1,344,573
1,289,998
1,263,536
735,000
1,785,854
775,961
1,603,490
1,678,337
828,949
734,854
535,711
1,010,052
1,066,078
0
3,009,169
3,054,377
1,725,475
1,257,266
1,257,108
0
0
001,257,1081,257,2661,725,4753,054,3773,009,16901,066,0781,010,052535,711734,854828,9491,678,3371,603,490775,9611,785,854735,0001,263,5361,289,9981,344,5731,591,4501,787,0521,800,2391,556,687253,099263,324292,2090
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
17,116,378
17,072,455
17,355,009
18,022,014
23,160,657
22,547,375
22,535,329
23,458,443
24,262,862
23,635,885
26,266,886
26,480,086
25,039,882
35,546,966
35,472,981
35,807,841
35,466,041
35,311,342
35,148,672
34,874,979
34,874,97935,148,67235,311,34235,466,04135,807,84135,472,98135,546,96625,039,88226,480,08626,266,88623,635,88524,262,86223,458,44322,535,32922,547,37523,160,65718,022,01417,355,00917,072,45517,116,378000000000
       Capital Lease Obligations Min Short Term Debt
-278,736
-214,861
-13,201,254
-466,375
-158,042
-539,608
-13,513,341
0
-43,411
508,403
529,171
518,365
4,373,418
8,374,987
8,376,770
8,380,341
8,390,117
8,392,216
8,403,862
11,775,109
11,802,464
11,810,047
25,135,947
25,144,876
25,149,299
25,145,321
25,136,719
25,129,233
25,211,618
25,211,61825,129,23325,136,71925,145,32125,149,29925,144,87625,135,94711,810,04711,802,46411,775,1098,403,8628,392,2168,390,1178,380,3418,376,7708,374,9874,373,418518,365529,171508,403-43,4110-13,513,341-539,608-158,042-466,375-13,201,254-214,861-278,736
       Other Liabilities 
325,981
340,906
2,846,361
2,952,746
1,589,251
1,489,470
1,472,117
1,492,435
1,593,778
1,775,260
1,781,003
1,786,794
2,470,094
2,952,680
2,501,337
2,425,816
2,403,813
2,394,598
2,387,590
2,600,221
2,644,718
0
3,182,106
3,016,848
3,137,544
0
3,413,283
0
0
003,413,28303,137,5443,016,8483,182,10602,644,7182,600,2212,387,5902,394,5982,403,8132,425,8162,501,3372,952,6802,470,0941,786,7941,781,0031,775,2601,593,7781,492,4351,472,1171,489,4701,589,2512,952,7462,846,361340,906325,981
> Total Stockholder Equity
6,220,180
6,376,495
6,511,408
6,308,543
7,612,652
7,370,790
6,847,142
6,773,358
6,512,283
6,786,204
6,520,484
6,060,552
7,727,265
8,173,914
7,374,789
6,861,104
6,504,726
6,306,828
6,180,181
6,829,954
6,070,645
5,065,340
5,733,574
4,841,690
4,831,529
4,839,658
4,416,173
3,965,717
3,811,170
3,811,1703,965,7174,416,1734,839,6584,831,5294,841,6905,733,5745,065,3406,070,6456,829,9546,180,1816,306,8286,504,7266,861,1047,374,7898,173,9147,727,2656,060,5526,520,4846,786,2046,512,2836,773,3586,847,1427,370,7907,612,6526,308,5436,511,4086,376,4956,220,180
   Common Stock
5,741
5,745
5,750
5,655
5,663
5,568
5,379
5,319
5,275
5,372
5,263
5,139
5,031
4,932
4,933
4,933
4,943
4,919
4,865
4,697
4,538
0
3,984
3,888
3,791
0
0
0
0
00003,7913,8883,98404,5384,6974,8654,9194,9434,9334,9334,9325,0315,1395,2635,3725,2755,3195,3795,5685,6635,6555,7505,7455,741
   Retained Earnings 
545,811
689,476
836,840
922,657
2,252,890
2,372,744
2,431,186
2,510,103
2,423,479
2,384,977
2,359,966
2,255,885
4,201,337
4,934,302
4,075,812
3,539,848
3,091,007
2,757,941
2,861,474
4,210,726
4,340,588
4,321,482
5,746,532
4,871,632
4,794,239
4,799,178
4,382,588
3,962,925
3,664,008
3,664,0083,962,9254,382,5884,799,1784,794,2394,871,6325,746,5324,321,4824,340,5884,210,7262,861,4742,757,9413,091,0073,539,8484,075,8124,934,3024,201,3372,255,8852,359,9662,384,9772,423,4792,510,1032,431,1862,372,7442,252,890922,657836,840689,476545,811
   Capital Surplus 00000000000000000000000000000
   Treasury Stock00000000000000000000000000000
   Other Stockholders Equity 
15,053
7,217
-9,148
-9,840
-3,610
-7,480
-3,237
6,234
-8,556
-24,608
-26,330
-46,841
-10,202
-39,774
-39,030
-39,370
-30,677
-25,218
-21,173
-25,273
-24,616
0
-16,942
-33,830
33,499
0
0
0
0
000033,499-33,830-16,9420-24,616-25,273-21,173-25,218-30,677-39,370-39,030-39,774-10,202-46,841-26,330-24,608-8,5566,234-3,237-7,480-3,610-9,840-9,1487,21715,053



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue16,164,249
Cost of Revenue-8,553,562
Gross Profit7,610,6877,610,687
 
Operating Income (+$)
Gross Profit7,610,687
Operating Expense-14,580,746
Operating Income1,583,503-6,970,059
 
Operating Expense (+$)
Research Development-
Selling General Administrative4,700,657
Selling And Marketing Expenses-
Operating Expense14,580,7464,700,657
 
Net Interest Income (+$)
Interest Income-
Interest Expense-460,293
Other Finance Cost-0
Net Interest Income-460,293
 
Pretax Income (+$)
Operating Income1,583,503
Net Interest Income-460,293
Other Non-Operating Income Expenses-
Income Before Tax (EBT)1,472,7631,233,950
EBIT - interestExpense = -460,293
1,142,180
1,602,473
Interest Expense460,293
Earnings Before Interest and Taxes (EBIT)-1,933,056
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax1,472,763
Tax Provision-157,839
Net Income From Continuing Ops1,314,9241,314,924
Net Income1,142,180
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net349,553460,293
 

Technical Analysis of MGM Resorts International
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of MGM Resorts International. The general trend of MGM Resorts International is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine MGM Resorts International's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of MGM Resorts International.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 43.48 < 46.39.

The bearish price targets are: 39.90 > 38.32 > 38.28.

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MGM Resorts International Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of MGM Resorts International. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

MGM Resorts International Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of MGM Resorts International. The current macd is 0.67546179.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the MGM Resorts International price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for MGM Resorts International. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the MGM Resorts International price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
MGM Resorts International Daily Moving Average Convergence/Divergence (MACD) ChartMGM Resorts International Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of MGM Resorts International. The current adx is 21.40.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy MGM Resorts International shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
MGM Resorts International Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of MGM Resorts International. The current sar is 40.37.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
MGM Resorts International Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of MGM Resorts International. The current rsi is 72.62. The current phase is Overbought in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Overbought in bull market: Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction. -1
  • Trending down: The RSI is trending down. -1
MGM Resorts International Daily Relative Strength Index (RSI) ChartMGM Resorts International Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of MGM Resorts International. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the MGM Resorts International price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
MGM Resorts International Daily Stochastic Oscillator ChartMGM Resorts International Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of MGM Resorts International. The current cci is 163.88.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
MGM Resorts International Daily Commodity Channel Index (CCI) ChartMGM Resorts International Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of MGM Resorts International. The current cmo is 62.75.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
MGM Resorts International Daily Chande Momentum Oscillator (CMO) ChartMGM Resorts International Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of MGM Resorts International. The current willr is -1.98366394.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
MGM Resorts International Daily Williams %R ChartMGM Resorts International Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of MGM Resorts International.

MGM Resorts International Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of MGM Resorts International. The current atr is 0.43179349.

MGM Resorts International Daily Average True Range (ATR) ChartMGM Resorts International Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of MGM Resorts International. The current obv is 98,397.

MGM Resorts International Daily On-Balance Volume (OBV) ChartMGM Resorts International Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of MGM Resorts International. The current mfi is 77.40.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
MGM Resorts International Daily Money Flow Index (MFI) ChartMGM Resorts International Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for MGM Resorts International.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-14 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-15 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-29 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-07 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-11 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-18 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-19 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-27 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-03 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-05 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-16 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-17 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-22 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-26 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-29 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-30 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-02-01 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-06 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-09 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-16 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-21 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-22 00:00:00MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-27 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-28 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-06 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-11 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-13 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-14 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-15 00:00:00CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-18 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-19 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-26 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-27 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside

6.3. Candlestick Patterns

MGM Resorts International Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of MGM Resorts International based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5072.622
Ma 20Greater thanMa 5039.957
Ma 50Greater thanMa 10040.078
Ma 100Greater thanMa 20039.176
OpenGreater thanClose42.805
Total3/5 (60.0%)
Penke

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