(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 2024-10-09 View latest technical analysis
10 day averaged volume of Melco Resorts is 5133320
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 7.91 | 7.76 | 8.04 | 7.75 | 0.747 times |
| 08 Tue Oct 2024 | 8.01 | 7.70 | 8.08 | 7.50 | 1.091 times |
| 07 Mon Oct 2024 | 8.48 | 8.57 | 8.90 | 8.32 | 0.814 times |
| 04 Fri Oct 2024 | 8.17 | 8.15 | 8.21 | 8.01 | 0.325 times |
| 03 Thu Oct 2024 | 7.99 | 7.80 | 8.02 | 7.69 | 0.476 times |
| 02 Wed Oct 2024 | 8.06 | 8.48 | 8.62 | 8.02 | 1.176 times |
| 01 Tue Oct 2024 | 8.17 | 7.84 | 8.21 | 7.79 | 0.735 times |
| 30 Mon Sep 2024 | 7.79 | 7.95 | 8.01 | 7.69 | 1.025 times |
| 27 Fri Sep 2024 | 7.70 | 7.85 | 7.91 | 7.50 | 1.299 times |
| 26 Thu Sep 2024 | 7.57 | 7.20 | 7.64 | 7.19 | 2.393 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 8 as stoploss in an intra day sell trade for a target of 6.95. However, stock will show a bullish move above 8.
Share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Target | 4.78 |
| Downside Target | 5.02 |
| Downside Target | 5.17 |
| Downside Target | 5.55 |
| Downside Target | 5.67 |
| Downside Target | 5.97 |
| Downside Target | 7.46 |
| Downside Target | 7.69 |
| Downside Target | 7.91 |
| Upside Target | 8.01 |
| Upside Target | 8.31 |
| Upside Target | 8.62 |
| Upside Target | 8.90 |
Intraday share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Intraday Target | 7.31 |
| Downside Intraday Target | 6.7 |
| Upside Intraday Target | 8.71 |
| Upside Intraday Target | 9.5 |
| Upside Intraday Target | 8.1 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Oct 2024 | 7.91 | 8.57 | 8.90 | 7.50 | 0.71 times |
| 04 Fri Oct 2024 | 8.17 | 7.95 | 8.62 | 7.69 | 0.609 times |
| 27 Fri Sep 2024 | 7.70 | 6.04 | 7.91 | 5.97 | 2.238 times |
| 20 Fri Sep 2024 | 5.97 | 5.71 | 6.02 | 5.55 | 0.925 times |
| 13 Fri Sep 2024 | 5.71 | 5.32 | 5.77 | 5.17 | 1.113 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 |
| 09 Wed Oct 2024 | 7.91 | 7.84 | 8.90 | 7.50 | 0.345 times |
| 30 Mon Sep 2024 | 7.79 | 5.07 | 8.01 | 5.02 | 0.706 times |
| 30 Fri Aug 2024 | 5.07 | 5.71 | 5.73 | 4.78 | 2.159 times |
| 31 Wed Jul 2024 | 5.71 | 7.53 | 7.53 | 5.67 | 1.37 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Melco Resorts ( (MLCO) ) based on a short to mid 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 mid to longer 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.
ADX buy sell signal for Melco Resorts stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Melco Resorts in short term and the buy signal is strong.
Melco Resorts Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Melco Resorts in short term but BUY 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Melco Resorts is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.9 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 rising upwards.
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 positive
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Melco Resorts ( (MLCO) ) based on a short to mid 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 mid to longer 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.
ADX buy sell signal for Melco Resorts stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Melco Resorts in short term and the buy signal is strong.
Melco Resorts Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Melco Resorts in short term but BUY 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Melco Resorts is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.9 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 rising upwards.
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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.