MGM technical analysis
MGM Technical Analysis
Analysis date
August 4, 2026
Market
NYSE (USD)
Daily cutoff
August 3, 2026
Reliability
Passed
Informational use only. This page is not investment advice.
Data verification
MGM Data Verification
Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.
- Symbol
- MGM
- Market
- NYSE
- Currency
- USD (US Dollar)
- Latest completed bar
- August 3, 2026
Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.
| Validation series | Latest Close | Date | Difference | Status |
|---|---|---|---|---|
| Calculation series | 44.50 | August 3, 2026 | - | Verified |
| Verification series | 44.50 | August 3, 2026 | 0.00% | Verified |
Bottom line
MGM Technical Analysis Summary
MGM (MGM Resorts International) shows a corrective daily picture inside a longer-term uptrend. Daily price at 44.50 sits below the SMA20 (46.07) and SMA50 (46.22) but remains above the SMA200 (38.27), with RSI at 38.66 and MACD below its signal line, reflecting fading short-term momentum. The weekly chart is more constructive: price at 44.57 holds above the weekly SMA20 (42.14), SMA50 (37.95), and SMA200 (38.76), with RSI at 57.20 and a positive MACD histogram. The stock has pulled back roughly 14% from the 52-week high of 51.59 and now trades at about 68% of its 52-week range (29.19 to 51.59). Near-term support is at the 20-day low of 43.94 and the 60-day low of 35.32; near-term resistance is at the SMA20 and SMA50 cluster around 46.07 to 46.22, the 20-day high of 48.25, and the 52-week high of 51.59.
Multi-timeframe dashboard
Multi-Timeframe Technical Dashboard
Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.
Daily (August 3, 2026)
- Trend
- Mixed, leaning corrective. Price at 44.50 is below the SMA20 (46.07) and SMA50 (46.22) but well above the SMA200 (38.27). The SMA20 has slipped below the SMA50, signaling a loss of short-term upside momentum, while the rising SMA200 keeps the longer-term structure intact. The -5.08% 20-day return reflects the ongoing pullback from the 20-day high of 48.25.
- Momentum
- Bearish. RSI14 at 38.66 is in weak territory, below the 50 midline but not yet oversold. MACD at -0.30 is below the signal line at -0.05 with a negative histogram of -0.25, confirming that downward momentum has built over recent sessions.
- Volatility
- Moderate. ATR14 at 1.13 (2.54% of price) is in a normal range for MGM. Bollinger Bands (44.56 to 47.58) show price near the lower band, consistent with the current corrective move. Band width is not extreme, so no imminent volatility expansion is signaled.
- Volume
- Above average. Latest daily volume of 3,210,600 is 132% of the 20-period average (2,439,985), showing active participation in the pullback. Elevated volume on down days can extend a corrective phase, although a single session is not by itself decisive.
Assessment
The daily chart is in a short-term correction following a strong advance. Price has broken below the SMA20 and SMA50, RSI has weakened, and the MACD sits below its signal line. The key test is whether support at the 20-day low of 43.94 holds. A close back above the SMA20 and SMA50 cluster near 46.07 to 46.22 would signal stabilization, while a break below 43.94 would put the 60-day low of 35.32 and the SMA200 near 38.27 back in view. The rising SMA200 keeps the broader structure constructive for now.
Weekly (July 27, 2026 week)
- Trend
- Mixed but constructive. Price at 44.57 holds above the weekly SMA20 (42.14), SMA50 (37.95), and SMA200 (38.76), though the SMA200 sits just above the SMA50, reflecting the past year of consolidation. The +21.51% 20-week return and +39.89% 60-week return show a strong intermediate-term uptrend, while the -9.39% 5-week return captures the recent pullback from the 52-week high.
- Momentum
- Neutral to mildly positive. RSI14 at 57.20 is above the 50 midline but not overbought. MACD at 2.73 is above the signal at 2.65 with a small positive histogram of 0.09, indicating weekly momentum remains positive but is cooling.
- Volatility
- Elevated. ATR14 at 3.16 (7.08% of price) reflects the larger weekly ranges that accompanied the move from the 20-week low of 35.20 to the 52-week high of 51.59. Bollinger Bands (32.68 to 51.60) are wide, with price in the upper-middle portion of the band.
- Volume
- Below average. Weekly volume of 14,361,000 is 69% of the 20-week average (20,800,660), indicating reduced participation during the recent consolidation.
Assessment
The weekly chart keeps MGM in a longer-term uptrend. Price remains above all key weekly moving averages, RSI is above 50, and the MACD is positive even after the pullback. The intermediate-term advance is intact as long as price holds above the weekly SMA20 at 42.14. A sustained move back above the 20-day high of 48.25 would open a retest of the 52-week high at 51.59, while a break below the weekly SMA20 would shift risk toward the weekly SMA200 near 38.76.
Key indicators
MGM Key Technical Indicators
RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.
| Indicator | Daily | Weekly |
|---|---|---|
| RSI (14) | 38.66 | 57.20 |
| MACD (12, 26, 9) | -0.30 / -0.05 / -0.25 | 2.73 / 2.65 / 0.09 |
| ATR (14) | 1.13 (2.54%) | 3.16 (7.08%) |
| Bollinger Bands (20, 2) | 44.56 - 47.58 | 32.68 - 51.60 |
| SMA (20) | 46.07 | 42.14 |
| SMA (50) | 46.22 | 37.95 |
| SMA (200) | 38.27 | 38.76 |
Price structure
MGM Price Structure and Returns
Price performance across multiple lookback periods and 52-week position.
| Metric | Daily | Weekly |
|---|---|---|
| Current Price | 44.50 | 44.57 |
| 1-Period Return | -0.16% | -2.13% |
| 5-Period Return | -3.89% | -9.39% |
| 20-Period Return | -5.08% | +21.51% |
| 60-Period Return | +16.46% | +39.89% |
| 252-Period Return | +22.09% | -0.61% |
| 52-Week Low | 29.19 | 29.19 |
| 52-Week High | 51.59 | 51.59 |
| 52-Week Position | 68.35% | 68.66% |
Key levels
MGM Support and Resistance Levels
Key price levels based on recent swing highs and lows across daily and weekly timeframes.
| Level | Daily | Weekly |
|---|---|---|
| 20-Period High | 48.25 | 51.59 |
| 20-Period Low | 43.94 | 35.20 |
| 60-Period High | 51.59 | 51.59 |
| 60-Period Low | 35.32 | 29.19 |
Scenarios
MGM Technical Scenarios
Conditions, invalidation triggers, and what to watch for each scenario.
Bullish
Trigger
Price holds above the 20-day low of 43.94 and reclaims the SMA20 and SMA50 cluster near 46.07 to 46.22 on improving volume, targeting the 20-day high of 48.25 and then the 52-week high of 51.59.
Invalidation
A sustained break below 43.94 with above-average volume would open the path toward the 60-day low of 35.32 and the SMA200 near 38.27.
What to watch
Daily RSI recovering above 50; MACD histogram turning positive; closes back above the SMA20; volume rising on up days.
Range-Bound
Trigger
Price oscillates between the 20-day low of 43.94 and the 20-day high of 48.25 as the market digests the pullback from the 52-week high.
Invalidation
A decisive break above 48.25 or below 43.94 with expanding volume.
What to watch
RSI holding between 35 and 60; MACD histogram flattening near zero; volume fading toward the 20-day average.
Bearish
Trigger
Price breaks below the 20-day low of 43.94 and loses the SMA200 near 38.27, exposing the 60-day low of 35.32.
Invalidation
Price reclaims 43.94 and stabilizes above the SMA20 near 46.07.
What to watch
Daily RSI pushing below 30; MACD histogram becoming more negative; volume expanding on declines; weekly price losing the SMA20 at 42.14.
Methodology
Methodology and Limitations
This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 3, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.
Frequently Asked Questions
This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 3, 2026, weekly July 27, 2026 week. Generated August 4, 2026.
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