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MGM Resorts International Trying To Close In On Key Technical Benchmark


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The Relative Strength ( RS ) Rating for MGM Resorts International ( MGM ) headed into a higher percentile Friday, as it got a lift from 66 to 74.

[ibd-display-video id=2385970 width=50 float=left autostart=true] IBD's unique rating identifies price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.

Decades of market research reveals that the best stocks typically have an 80 or better RS Rating as they launch their biggest price moves. See if MGM Resorts International can continue to rebound and hit that benchmark.

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MGM Resorts International is not currently near a potential buy zone. See if the stock goes on to form a chart pattern that could launch a new move.

MGM Resorts International showed -41% EPS growth last quarter, while sales growth came in at 12%. Look for the next report on or around Feb. 16.

MGM Resorts International holds the No. 10 rank among its peers in the Leisure-Gaming/Equipment industry group. Wynn Resorts ( WYNN ), Boyd Gaming ( BYD ) and Monarch Casino & Resort ( MCRI ) are among the top 5 highly rated stocks within the group.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



This article appears in: Investing , Stocks
Referenced Symbols: RS , MGM , WYNN , BYD , MCRI



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