The best indicator for MGM Resorts (MGM)
We backtested 20 indicators across daily, weekly and hourly charts on real MGM Resorts (MGM) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
MACD
On the daily chart, this is the strongest risk-adjusted edge we found for MGM Resorts (MGM) over ~38.1 years — beating buy-and-hold by 4.2% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | MACD ✓ | Daily | 12.1% | 0.5 | -74.4% | 43.0% | 358 | 4.2% |
| 2 | EMA-10 Trend ✓ | Daily | 10.2% | 0.46 | -60.7% | 38.0% | 823 | 2.2% |
| 3 | Stochastic ✓ | Daily | 8.3% | 0.4 | -90.5% | 66.7% | 198 | 0.4% |
| 4 | RSI Trend (>50) | Daily | 6.8% | 0.37 | -70.4% | 39.7% | 491 | -1.1% |
| 5 | Williams %R ✓ | Daily | 7.0% | 0.37 | -83.8% | 64.3% | 241 | -0.9% |
| 6 | Donchian Midline | Daily | 6.8% | 0.36 | -72.2% | 35.8% | 505 | -1.2% |
| 7 | Bollinger Breakout ✓ | Weekly | 5.3% | 0.35 | -60.1% | 43.2% | 37 | -2.6% |
| 8 | Stochastic ✓ | Weekly | 6.7% | 0.35 | -97.7% | 80.5% | 41 | -1.2% |
| 9 | Heikin-Ashi Trend ✓ | Daily | 6.2% | 0.34 | -81.1% | 42.7% | 1854 | -1.7% |
| 10 | EMA-10 Trend | Weekly | 5.9% | 0.33 | -67.0% | 46.5% | 185 | -2.0% |
| 11 | Williams %R ✓ | Weekly | 5.9% | 0.32 | -97.7% | 79.2% | 53 | -2.1% |
| 12 | MACD ✓ | Weekly | 5.1% | 0.31 | -92.8% | 43.8% | 73 | -2.8% |
| 13 | Rate of Change ✓ | Weekly | 5.0% | 0.31 | -67.2% | 44.6% | 130 | -2.9% |
| 14 | CCI ✓ | Daily | 4.7% | 0.3 | -94.1% | 67.8% | 180 | -3.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For MGM Resorts (MGM), MACD on the daily timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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