A Deep Analysis of MGM Growth Properties LLC ($MGP) (2019-11-20)

REPORTING FOR 2019-11-20 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how MGP has been trading over the last 2 weeks and the past day especially. On its latest session, MGM Growth Properties LLC ($MGP) opened at 32.85, reaching a high of 32.918 and a low of 32.37 before closing at a price of 32.49. There was a total volume of 909715.

VOLUME INDICATORS FOR MGM GROWTH PROPERTIES LLC ($MGP): We saw an accumulation-distribution index of 524.03235, an on-balance volume of 32.86, chaikin money flow of 15.11765 and a force index of 0.0168. There was an ease of movement rating of -0.00061, a volume-price trend of 2.38237 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR MGM GROWTH PROPERTIES LLC ($MGP): We noted an average true range of 0.29841, bolinger bands of 33.15483, an upper bollinger band of 31.99517, lower bollinger band of 32.37, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 32.71267, high band keltner channel of 32.64467, low band keltner channel of 32.78067, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 32.37, a donchian channel low band of 32.37, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR MGM GROWTH PROPERTIES LLC ($MGP): We calculated a Moving Average Convergence Divergence (MACD) of 0.0092, a MACD signal of 0.00511, a MACD difference of 0.00409, a fast Exponential Moving Average (EMA) indicator of 32.37, a slow Exponential Moving Average (EMA) indicator of 32.37, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.53495, a trix of 5.64557, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -2.20636, a KST Oscillator (KST) of 73.14638 and a KST Oscillator (KST Signal) of 73.14638 (leaving a KST difference of 3.39813). We also found an Ichimoku rating of 32.884, an Ichimoku B rating of 32.884, a Ichimoku visual trend A of 30.75652, an Ichimoku visual trend B of 31.16018, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR MGM GROWTH PROPERTIES LLC ($MGP): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 82.13196, a stochastic oscillator of 805.88235, a stochastic oscillator signal of 805.88235, a Williams %R rating of 705.88235 and an awesome oscillator of -0.08267.

RETURNS FOR MGM GROWTH PROPERTIES LLC ($MGP): There was a daily return of 7.31464, a daily log return of 1.25865 and a cumulative return of 1.2666.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-20 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for MGM Growth Properties LLC ($MGP)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling MGM Growth Properties LLC ($MGP) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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