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Archive - 10/17/2025 - Sign In to see current Signals. |
MGM Resorts International (MGM) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :  Move cursor over the icon to see details.
| | It was a first positive week after 3 consecutive negative weeks for the MGM Resorts International (MGM). During the week, the MGM climbed 0.30 points, or 0.96%, and closed at 31.58 on Friday, October 17, 2025. Weekly volume was -15% below average. MGM is a member of Consumer Discretionary Sector. Consumer Discretionary is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See MGM long-term trend chart] A long-term downtrend had started on July 31, 2023 at 51.35 and reached 25.30 on April 8, 2025. MGM lost 26.05 points, or 50.73%, in 88 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 22.98 and resistance is at 39.65. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a long-term trend.
Medium-term trend: [See MGM medium-term trend chart] A medium-term downtrend had started on August 28, 2025 at 40.16 and reached 31.23 on October 13, 2025. MGM lost 8.93 points, or 22.24%, in 6 weeks. Price is near the trend low.
Weekly Technical Indicators: [See MGM weekly technical indicators chart] Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since September 19, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See MGM short-term trend chart] A short-term downtrend had started on October 14, 2025 at 32.99 and reached 31.37 on October 17, 2025. MGM lost 1.62 points, or 4.91%, in 3 days. The price is now at the 12.96% retracement level.
Daily Technical Indicators: [See MGM daily technical indicators chart] Daily Relative Strength Index and Lane's Stochastic are oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold daily Relative Strength Index and Lane's Stochastic or strongly oversold daily Williams' Percentage Range. Use the following link to access Relative Strength Index help. The daily MACD line is below its signal line since September 29, 2025. This is an indication that the short-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term downtrend is getting weak.
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| Daily Oscillators |
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| Weekly Oscillators |
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| Trading
Signals |
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| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Consumer Discretionary |
9 |
| Industry |
Casinos & Gaming |
48 |
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| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
32.99 |
| High Date |
10/14/2025 |
| Low |
31.37 |
| Low Date |
10/17/2025 |
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| Weekly Trend |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
36.84 |
| High Date |
09/29/2025 |
| Low |
31.23 |
| Low Date |
10/13/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
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| Resistance |
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| Support |
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| High |
40.16 |
| High Date |
08/28/2025 |
| Low |
31.23 |
| Low Date |
10/13/2025 |
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| Quarterly Trend |
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| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
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| Resistance |
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| Support |
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| Low |
25.30 |
| Low Date |
04/08/2025 |
| High |
40.16 |
| High Date |
08/28/2025 |
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| Description |
Value |
| Direction |
Down |
| Chart Pattern |
Falling Channel |
| Status |
Valid |
| Resistance |
39.65 |
| Support |
22.98 |
| High |
51.35 |
| High Date |
07/31/2023 |
| Low |
25.30 |
| Low Date |
04/08/2025 |
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