MGM Resorts International (MGM) Stock Price & Analysis
Market: NYSE • Sector: Consumer Cyclical • Industry: Gambling, Resorts & Casinos
MGM Resorts International (MGM) Profile & Business Summary
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. 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. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. 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.
Key Information
| Ticker | MGM |
|---|---|
| Leadership | William Joseph Hornbuckle |
| Exchange | NYSE |
| Official Site | https://www.mgmresorts.com |
Market Trend Overview for MGM
One model, two time views: what the market looks like right now, and where the larger trend is heading over time.
This model looks at how prices behave over time to describe the current market environment. It focuses on whether price is moving steadily, stalling, or losing momentum, and checks both short-term and weekly trends for confirmation. The goal is not to predict exact prices, but to help understand when conditions are supportive, risky, or unclear.
Current Market Context (Short-Term)
As of 2026-02-06 (ET), MGM is moving sideways. Price at 37.49 is below its previous support. The next support is near 36.00, while resistance is around 37.75. View Support & Resistance from Options
Why the market looks this way?
Prices have moved back and forth over recent sessions without making steady progress. Trend signals have changed frequently, which suggests the market is stuck in a range. In this environment, chasing moves in either direction is less reliable.
Longer-Term Market Trend (Mid to Long Term)
Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-02-06 (ET)
As of 2026-02-06, MGM is breaking down after a failed trend. Over the longer term, the trend remains bullish.
MGM last closed at 37.49. The price is about 2.0 ATR above its recent average price (35.25), and the market is currently in a breakdown after a failed trend.
The prior trend has broken down. Downside risk is higher, and the market may need time to stabilize before a new direction forms.
Trend score: 20 out of 100. Overall alignment is weak. The market is currently in a breakdown following a failed trend. Trend alignment is weak, and recent signals suggest the structure may be breaking down.
Price is far from its recent average (about 2.0 ATR away). Chasing the move at this level carries a higher risk of a pullback.
A key resistance level is near 36.80. Price would need to move back above this level for conditions to start stabilizing.
On 2026-01-07, trend conditions deteriorated, suggesting that moves in the prior direction became less dependable.
[2026-01-23] Price moved quickly and looked strong, but participation was limited.
Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.
Closing activity showed limited conviction and did not suggest strong overnight positioning.
Short Interest & Covering Risk for MGM
This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.
Shows how likely a short squeeze may be under current market conditions.
Short Exposure Percentile
Short interest is within its typical range, with no clear imbalance between buyers and sellers. (Historical percentile: 50%)
Structure Analysis
MGM Short positioning looks normal. Current days to cover is 4.8 trading days, meaning short positions could unwind at a normal pace. Short covering is likely to have a normal impact on price moves.
Bull Trap Structural Risk
No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.
In the latest reporting period, short interest continues to increase. Price is consolidating near highs with a weak upward bias, appearing strong on the surface but structurally more fragile. As a result, similar news or market events could lead to price moves about 1× larger than usual.
Note:
Short interest data is reported every two weeks by
FINRA.
The most recent snapshot is
2026-01-15 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.