MGM Wave Analysis – 24 September 2026– MGM broke support zone
– Likely to fall to support level 32.00
MGM Resorts (MGM) recently broke the support zone located between the support level 36.00 (which previously stopped waves 2 and 4 in May) and the support trendline of the daily up channel from December.
The breakout of this support z
Compare with MGM Resorts International
1.68 USD
211.09 M USD
17.54 B USD
181.41 M
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Company info
Sector
Industry
CEO
William Joseph Hornbuckle
Website
Headquarters
Las Vegas
Founded
1986
IPO date
Dec 13, 1989
ISIN
US5529531015
CUSIP
552953101
FIGI
BBG000C2BXK4
Identifiers
ISIN US5529531015
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, MGM China, and MGM Digital. The Las Vegas Strip Resorts segment operates 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 includes MGM Macau and MGM Cotai. The MGM Digital segment focuses on the online gaming portfolio, which consists primarily of Leo Vegas, which is headquartered in Sweden and Malta. The company was founded by Kerkor Kerkorian on January 29, 1986 and is headquartered in Las Vegas, NV.
MGM: Falling Wedge Reversal Setup Near SupportMGM is pressing into the lower boundary of a falling wedge while several momentum signals are beginning to improve.
The first entry area is the lower-wedge support zone. A more conservative entry would come after a confirmed breakout above the wedge followed by a successful retest.
Momentum is als
MGM | The Next Casino To Rise Higher | LONGMGM 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
MGM - Dec 24 Opening Sustainable Momentum
Grading B 7 points
No idea, it is a pute technical play +1
Stock’s fundamentals are also aligned +1
Greater force - There is alignment with RUT +2
Technicals - Breakthrough below H1 100SMA, consolidation, Strong KL resistance above 100SMA(H1)
Opening Sustainable Momentum 🧑🏻🚀
Strategy
MGM Worth the BET? Not financial advice
1st thing that draws my attention is the resistance at 47.00
2nd thing I noticed is the move up the last 3 months back to 47.00 was a bearish move up as evidenced by the descending channel on Stoch RSI
3rd thing is we double topped on regular RSI even though we came up to 47.0
MGM Resorts draws increased institutional investmentMGM Resorts International (NYSE: MGM), a prominent operator of global casino resorts, has seen a notable influx of investments from major institutional firms in recent months. The company's robust revenue growth and promising expansion into new markets fuelled the growing interest from investors.
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Summarizing what the indicators are suggesting.
Neutral
Neutral
Neutral
An aggregate view of professional's ratings.
Neutral
Neutral
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
Maturity dateApr 15, 2032
Coupon6.50% (Fixed)
Maturity dateSep 15, 2029
Coupon6.13% (Fixed)
Maturity dateOct 15, 2028
Coupon4.75% (Fixed)
Maturity dateApr 15, 2027
Coupon5.50% (Fixed)
See all MGM bonds
Frequently asked questions
The current price of MGM is 30.07 USD — it has decreased by −1.77% in the past 24 hours. Watch MGM Resorts International stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NYSE exchange MGM Resorts International stocks are traded under the ticker MGM.
MGM stock has fallen by −5.51% compared to the previous week, the month change is a −26.90% fall, over the last year MGM Resorts International has showed a −9.21% decrease.
We've gathered analysts' opinions on MGM Resorts International future price: according to them, MGM price has a max estimate of 57.00 USD and a min estimate of 40.00 USD. Watch MGM chart and read a more detailed MGM Resorts International stock forecast: see what analysts think of MGM Resorts International and suggest that you do with its stocks.
MGM stock is 1.94% volatile and has beta coefficient of 0.45. Track MGM Resorts International stock price on the chart and check out the list of the most volatile stocks — is MGM Resorts International there?
Today MGM Resorts International has the market capitalization of 7.55 B, it has decreased by −1.64% over the last week.
Yes, you can track MGM Resorts International financials in yearly and quarterly reports right on TradingView.
MGM Resorts International is going to release the next earnings report on Oct 28, 2026. Keep track of upcoming events with our Earnings Calendar.
MGM earnings for the last quarter are 0.59 USD per share, whereas the estimation was 0.56 USD resulting in a 5.49% surprise. The estimated earnings for the next quarter are 0.15 USD per share. See more details about MGM Resorts International earnings.
MGM Resorts International revenue for the last quarter amounts to 4.45 B USD, despite the estimated figure of 4.42 B USD. In the next quarter, revenue is expected to reach 4.27 B USD.
MGM net income for the last quarter is 284.84 M USD, while the quarter before that showed 125.15 M USD of net income which accounts for 0.00% change. Track more MGM Resorts International financial stats to get the full picture.
MGM Resorts International dividend yield was 0.00% in 2025, and payout ratio reached 0.00%. The year before the numbers were 0.00% and 0.00% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Oct 8, 2026, the company has 78 K employees. See our rating of the largest employees — is MGM Resorts International on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MGM Resorts International EBITDA is 2.24 B USD, and current EBITDA margin is 13.43%. See more stats in MGM Resorts International financial statements.
Like other stocks, MGM shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MGM Resorts International stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MGM Resorts International technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MGM Resorts International stock shows the sell signal. See more of MGM Resorts International technicals for a more comprehensive analysis.









