(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 2024-12-16 View latest technical analysis
10 day averaged volume of Melco Resorts is 2902059
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 6.45 | 6.63 | 6.78 | 6.45 | 0.79 times |
| 13 Fri Dec 2024 | 6.76 | 6.83 | 6.90 | 6.67 | 0.866 times |
| 12 Thu Dec 2024 | 6.91 | 6.97 | 7.09 | 6.86 | 1.117 times |
| 11 Wed Dec 2024 | 6.96 | 6.89 | 7.01 | 6.76 | 0.849 times |
| 10 Tue Dec 2024 | 6.92 | 6.82 | 7.06 | 6.72 | 0.879 times |
| 09 Mon Dec 2024 | 7.06 | 6.84 | 7.30 | 6.84 | 1.851 times |
| 26 Tue Nov 2024 | 5.98 | 6.10 | 6.10 | 5.95 | 0.798 times |
| 26 Tue Nov 2024 | 5.98 | 6.10 | 6.10 | 5.95 | 0.798 times |
| 25 Mon Nov 2024 | 6.07 | 5.95 | 6.23 | 5.91 | 1.072 times |
| 22 Fri Nov 2024 | 5.95 | 6.00 | 6.11 | 5.93 | 1.077 times |
My analysis of stock is bullish for shortterm, and stock might move up till 6.8 or till 7.2. Use a stoploss of 6.37 and if this stock hits its stoploss, then it can fall down till 5.97
Share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Target | 4.78 |
| Downside Target | 5.02 |
| Downside Target | 5.73 |
| Downside Target | 5.91 |
| Downside Target | 6.10 |
| Downside Target | 6.45 |
| Upside Target | 6.67 |
| Upside Target | 6.78 |
| Upside Target | 7.29 |
| Upside Target | 7.30 |
| Upside Target | 8.01 |
| Upside Target | 8.90 |
Intraday share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Intraday Target | 6.34 |
| Downside Intraday Target | 6.23 |
| Upside Intraday Target | 6.67 |
| Upside Intraday Target | 6.89 |
| Upside Intraday Target | 6.56 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Dec 2024 | 6.45 | 6.63 | 6.78 | 6.45 | 0.142 times |
| 13 Fri Dec 2024 | 6.76 | 6.84 | 7.30 | 6.67 | 6.973 times |
| 26 Tue Nov 2024 | 5.98 | 6.10 | 6.10 | 5.95 | 0.427 times |
| 26 Tue Nov 2024 | 5.98 | 5.95 | 6.23 | 5.91 | 0.254 times |
| 22 Fri Nov 2024 | 5.95 | 6.11 | 6.17 | 5.91 | 1.226 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 |
| 16 Mon Dec 2024 | 6.45 | 6.84 | 7.30 | 6.45 | 0.266 times |
| 26 Tue Nov 2024 | 5.98 | 6.87 | 7.29 | 5.91 | 1.089 times |
| 31 Thu Oct 2024 | 6.72 | 7.84 | 8.90 | 6.56 | 0.796 times |
| 30 Mon Sep 2024 | 7.79 | 5.07 | 8.01 | 5.02 | 0.706 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Melco Resorts in short term but the buy signal is initial and weak.
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 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 but buying is losing 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 6.56 and Melco Resorts (MLCO) stock is trading below this level. This means that stock is falling with high volumes. 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Melco Resorts in short term but the buy signal is initial and weak.
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 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 but buying is losing 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 6.56 and Melco Resorts (MLCO) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.