MGM Resorts International(MGM)
Auto-detected technical analysis for MGM · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
MGM is breaking down from a descending triangle — a sign the recent run may be rolling over.
On this chart, setups like it have followed through about 55% of the time.
As long as price stays below $50.55, it's in play — a daily close back above there calls it off.
The move's natural target sits near $42.55.
MGM is currently forming a triangle on the daily timeframe. Detected Jul 22, 2026.
New to this pattern? What a triangle is and how to trade it →
Historical pattern statistics (1986-12-19 – 2026-07-16), not a prediction.
Every completed pattern trade our nightly backtest found on MGM's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Rising Wedge | May 1, 2026 @ $38.53 | May 20, 2026 @ $35.43 | Win | +9.2% · +1.28R |
| Rising Wedge | Apr 27, 2026 @ $39.75 | May 11, 2026 @ $37.30 | Loss | +11.9% · -1.24R |
| Triangle | Apr 15, 2026 @ $38.51 | Jun 10, 2026 @ $46.91 | Win | +16.3% · +3.05R |
| Triangle | Apr 6, 2026 @ $37.46 | Jun 10, 2026 @ $46.91 | Win | +18.7% · +4.43R |
| Bullish Pennant | Mar 13, 2026 @ $37.33 | Jun 10, 2026 @ $46.91 | Win | +17.4% · +2.46R |
| Bullish Pennant | Sep 13, 2024 @ $36.15 | Dec 18, 2024 @ $33.80 | Loss | +41.3% · -1.18R |
| Falling Wedge | Jun 18, 2024 @ $40.61 | Jul 2, 2024 @ $42.33 | Win | +10.6% · +1.04R |
| Triangle | Jul 6, 2023 @ $41.92 | Jul 10, 2023 @ $45.50 | Loss | +9.6% · -1.52R |
| Triangle | Oct 24, 2022 @ $34.07 | Nov 21, 2022 @ $35.76 | Win | +16.9% · +0.38R |
| Triangle | Sep 22, 2022 @ $32.84 | Oct 28, 2022 @ $35.96 | Loss | +25.2% · -1.53R |
| Triangle | May 5, 2022 @ $40.07 | May 19, 2022 @ $32.41 | Win | +21.7% · +2.40R |
| Rising Wedge | Jul 6, 2021 @ $42.19 | Jul 19, 2021 @ $36.31 | Win | +16.7% · +1.87R |
Historical examples from the published simulation. This selection is not a win-rate sample.
A chance to go short showed up on the weekly chart about a week ago: price ran up to $46.94 — a level traders often watch as a target (161.8% of the prior move) — and has since turned back below it, the kind of rejection a short plays for.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $45.72 | $45.83 | $45.15 | $45.49 |
| Jul 21, 2026 | $46.34 | $46.40 | $45.62 | $45.67 |
| Jul 20, 2026 | $46.32 | $47.16 | $46.24 | $46.34 |
| Jul 17, 2026 | $46.69 | $46.69 | $46.00 | $46.13 |
| Jul 16, 2026 | $46.65 | $47.10 | $46.30 | $46.90 |
| Jul 15, 2026 | $46.67 | $47.29 | $46.31 | $46.84 |
| Jul 14, 2026 | $47.30 | $47.39 | $46.52 | $46.67 |
| Jul 13, 2026 | $48.14 | $48.25 | $46.66 | $47.24 |
| Jul 10, 2026 | $46.80 | $47.63 | $46.74 | $46.88 |
| Jul 9, 2026 | $46.32 | $46.88 | $46.09 | $46.44 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.