(MLCO) Melco Resorts complete technical analysis [charts+indicators] | Buy/Sell Melco Resorts | (MLCO) share price targets
Complete technical analysis of Melco Resorts (MLCO) by charts plus indicators, forecast predictions and share price targets for Melco Resorts (MLCO)
Melco Resorts trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-08-26 View latest technical analysis
10 day averaged volume of Melco Resorts is 6893560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 5.47 | 5.49 | 5.54 | 5.45 | 0.224 times |
| 23 Fri Aug 2024 | 5.51 | 5.61 | 5.61 | 5.43 | 0.444 times |
| 22 Thu Aug 2024 | 5.59 | 5.69 | 5.71 | 5.56 | 0.285 times |
| 21 Wed Aug 2024 | 5.64 | 5.50 | 5.73 | 5.47 | 0.393 times |
| 20 Tue Aug 2024 | 5.50 | 5.50 | 5.57 | 5.39 | 0.445 times |
| 19 Mon Aug 2024 | 5.55 | 5.24 | 5.61 | 5.22 | 1.169 times |
| 16 Fri Aug 2024 | 5.20 | 5.21 | 5.48 | 5.14 | 1.363 times |
| 15 Thu Aug 2024 | 5.18 | 5.21 | 5.23 | 4.95 | 2.195 times |
| 14 Wed Aug 2024 | 5.14 | 5.26 | 5.45 | 4.95 | 2.025 times |
| 13 Tue Aug 2024 | 5.17 | 5.42 | 5.44 | 5.11 | 1.082 times |
My analysis of stock is bullish for shortterm, and stock might move up till 5.6 or till 5.9. Use a stoploss of 5.44 and if this stock hits its stoploss, then it can fall down till 5.25
Share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Target | 4.78 |
| Downside Target | 4.95 |
| Downside Target | 5.07 |
| Downside Target | 5.22 |
| Downside Target | 5.45 |
| Upside Target | 6.02 |
| Upside Target | 6.10 |
| Upside Target | 6.46 |
| Upside Target | 7.46 |
| Upside Target | 7.53 |
| Upside Target | 7.68 |
| Upside Target | 8.31 |
| Upside Target | 8.90 |
Intraday share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Intraday Target | 5.43 |
| Downside Intraday Target | 5.4 |
| Upside Intraday Target | 5.52 |
| Upside Intraday Target | 5.58 |
| Upside Intraday Target | 5.49 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 5.47 | 5.49 | 5.54 | 5.45 | 0.082 times |
| 23 Fri Aug 2024 | 5.51 | 5.24 | 5.73 | 5.22 | 0.377 times |
| 16 Fri Aug 2024 | 5.20 | 5.53 | 5.58 | 4.95 | 2.69 times |
| 09 Fri Aug 2024 | 5.57 | 4.78 | 5.73 | 4.78 | 0.913 times |
| 02 Fri Aug 2024 | 5.15 | 5.92 | 6.02 | 5.07 | 1.799 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Melco Resorts (MLCO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Mon Aug 2024 | 5.47 | 5.71 | 5.73 | 4.78 | 1.958 times |
| 31 Wed Jul 2024 | 5.71 | 7.53 | 7.53 | 5.67 | 1.37 times |
| 28 Fri Jun 2024 | 7.46 | 8.08 | 8.31 | 7.46 | 0.419 times |
| 31 Fri May 2024 | 7.84 | 6.58 | 8.90 | 6.46 | 1.198 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Melco Resorts (MLCO)
Price action analysis of Melco Resorts ( (MLCO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Melco Resorts ( (MLCO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Melco Resorts ( (MLCO) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Melco Resorts ( (MLCO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Melco Resorts stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Melco Resorts in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Melco Resorts Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Melco Resorts in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Melco Resorts is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.29 and Melco Resorts (MLCO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Melco Resorts (MLCO) stock. Volume based technical analysis of Melco Resorts (MLCO) stock is negative.
Melco Resorts Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Melco Resorts ( (MLCO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Melco Resorts ( (MLCO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Melco Resorts ( (MLCO) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Melco Resorts ( (MLCO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Melco Resorts stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Melco Resorts in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Melco Resorts Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Melco Resorts in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Melco Resorts is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 5.29 and Melco Resorts (MLCO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Melco Resorts (MLCO) stock. Volume based technical analysis of Melco Resorts (MLCO) stock is negative.
Melco Resorts Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.