MGM Resorts International's 15min chart triggers MACD Death Cross and KDJ Death Cross.

MGM Resorts International's 15-minute chart recently exhibited a MACD Death Cross and KDJ Death Cross at 08/18/2025 14:00, indicating a possible continuation of the downward trend in stock price. The momentum of the stock price is shifting towards the downside, with potential for further decreases.

MGM Resorts International (NYSE:MGM) recently exhibited a MACD Death Cross and KDJ Death Cross on its 15-minute chart at 08/18/2025 14:00, indicating a potential continuation of the downward trend in stock price. These technical indicators suggest that the momentum of the stock price is shifting towards the downside, with the possibility of further decreases.

The MACD (Moving Average Convergence Divergence) is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. A MACD Death Cross occurs when the MACD line crosses below the signal line, signaling a potential change in the trend. Similarly, the KDJ (Kaufman Adaptive Moving Average) indicator, which is a combination of three moving averages, also crossed below its signal line, reinforcing the downward trend.

The company's latest earnings report, released on Wednesday, July 30th, showed that it reported $0.79 EPS for the quarter, beating the consensus estimate of $0.58 by $0.21. The firm had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.28 billion. Despite the positive earnings, the technical indicators suggest that the stock may continue to face downward pressure.

The stock has seen significant institutional interest recently. Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings by 18.0%, owning 408,812 shares worth approximately $12.12 million as of the latest SEC filing [1]. Other institutional investors have also made changes to their positions, with ArrowMark Colorado Holdings LLC increasing its stake by 42.8% and Vontobel Holding Ltd. increasing its stake by 74.6% [1].

Analysts have mixed views on the stock. While several analysts have raised their price targets and given the stock a "buy" rating, others have set a "neutral" rating or a "market perform" rating. The average rating among analysts is "Moderate Buy" with a consensus price target of $48.72 [1].

Despite the positive earnings and institutional interest, the technical indicators suggest that the stock may continue to face downward pressure. Investors should closely monitor the stock's performance and consider the potential implications of the MACD and KDJ Death Crosses.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-mitsubishi-ufj-asset-management-co-ltd-has-1212-million-holdings-in-mgm-resorts-international-nysemgm-2025-08-12/