(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 2024-12-23 View latest technical analysis
10 day averaged volume of Melco Resorts is 2692776
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Dec 2024 | 6.18 | 6.15 | 6.20 | 6.02 | 0.599 times |
| 20 Fri Dec 2024 | 6.15 | 6.15 | 6.24 | 6.08 | 0.537 times |
| 19 Thu Dec 2024 | 6.21 | 6.24 | 6.29 | 6.07 | 0.648 times |
| 18 Wed Dec 2024 | 6.18 | 6.44 | 6.44 | 6.13 | 0.787 times |
| 17 Tue Dec 2024 | 6.34 | 6.26 | 6.47 | 6.26 | 1.182 times |
| 16 Mon Dec 2024 | 6.45 | 6.63 | 6.78 | 6.45 | 0.851 times |
| 13 Fri Dec 2024 | 6.76 | 6.83 | 6.90 | 6.67 | 0.934 times |
| 12 Thu Dec 2024 | 6.91 | 6.97 | 7.09 | 6.86 | 1.204 times |
| 11 Wed Dec 2024 | 6.96 | 6.89 | 7.01 | 6.76 | 0.915 times |
| 10 Tue Dec 2024 | 6.92 | 6.82 | 7.06 | 6.72 | 0.947 times |
My analysis of stock is bearish for shortterm, and stock might move down till 5.9 or till 5.5. Use a stoploss of 6.32 and if the stock hits stoploss, then it can shoot up till 6.69
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 |
| Upside Target | 6.56 |
| 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 | 6.07 |
| Downside Intraday Target | 5.95 |
| Upside Intraday Target | 6.25 |
| Upside Intraday Target | 6.31 |
| Downside Intraday Target | 6.13 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Dec 2024 | 6.18 | 6.15 | 6.20 | 6.02 | 0.149 times |
| 20 Fri Dec 2024 | 6.15 | 6.63 | 6.78 | 6.07 | 0.668 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 |
Price has moved up 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 |
| 23 Mon Dec 2024 | 6.18 | 6.84 | 7.30 | 6.02 | 0.413 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 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 to mid 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 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 SELL signal for Melco Resorts in short term and the sell signal is strong.
Melco Resorts Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Melco Resorts in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 6.56 and Melco Resorts (MLCO) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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 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 to mid 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 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 SELL signal for Melco Resorts in short term and the sell signal is strong.
Melco Resorts Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Melco Resorts in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 6.56 and Melco Resorts (MLCO) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.