(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 2024-01-05 View latest technical analysis
10 day averaged volume of Melco Resorts is 3698060
Date | Daily Closing Price | Open | High | Low | Volume |
05 Fri Jan 2024 | 9.03 | 9.06 | 9.22 | 8.93 | 0.524 times |
04 Thu Jan 2024 | 9.12 | 9.19 | 9.22 | 9.00 | 0.578 times |
03 Wed Jan 2024 | 9.18 | 9.10 | 9.26 | 8.97 | 0.47 times |
02 Tue Jan 2024 | 9.23 | 8.83 | 9.56 | 8.78 | 2.105 times |
29 Fri Dec 2023 | 8.87 | 8.84 | 8.98 | 8.82 | 0.635 times |
29 Fri Dec 2023 | 8.87 | 8.84 | 8.98 | 8.82 | 0.635 times |
28 Thu Dec 2023 | 8.91 | 8.78 | 9.25 | 8.69 | 0.972 times |
27 Wed Dec 2023 | 8.63 | 8.81 | 8.87 | 8.61 | 0.549 times |
26 Tue Dec 2023 | 8.78 | 8.81 | 8.81 | 8.67 | 0.414 times |
22 Fri Dec 2023 | 8.78 | 9.04 | 9.07 | 8.71 | 1.955 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 9.1 as stoploss in an intra day sell trade for a target of 8.71. However, stock will show a bullish move above 9.1.
Share price targets for Melco Resorts (MLCO)
Target Type | Value |
Downside Target | 6.80 |
Downside Target | 7.69 |
Downside Target | 8.52 |
Upside Target | 9.08 |
Upside Target | 9.25 |
Upside Target | 9.56 |
Upside Target | 9.83 |
Upside Target | 11.43 |
Intraday share price targets for Melco Resorts (MLCO)
Target Type | Value |
Downside Intraday Target | 8.69 |
Downside Intraday Target | 8.34 |
Upside Intraday Target | 9.47 |
Upside Intraday Target | 9.9 |
Upside Intraday Target | 9.12 |
Weekly technical analysis of Melco Resorts (MLCO)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Fri Jan 2024 | 9.03 | 8.83 | 9.56 | 8.78 | 5.794 times |
29 Fri Dec 2023 | 8.87 | 8.84 | 8.98 | 8.82 | 0.247 times |
29 Fri Dec 2023 | 8.87 | 8.81 | 9.25 | 8.61 | 0.418 times |
22 Fri Dec 2023 | 8.78 | 8.62 | 9.25 | 8.52 | 1.259 times |
15 Fri Dec 2023 | 8.64 | 7.81 | 9.01 | 7.69 | 0.979 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Melco Resorts (MLCO)
Date | Monthly Closing Price | Open | High | Low | Volume |
05 Fri Jan 2024 | 9.03 | 8.83 | 9.56 | 8.78 | 0.185 times |
29 Fri Dec 2023 | 8.87 | 6.94 | 9.25 | 6.87 | 1.036 times |
30 Thu Nov 2023 | 6.98 | 8.44 | 9.07 | 6.80 | 1.562 times |
31 Tue Oct 2023 | 8.44 | 9.77 | 9.83 | 7.80 | 0.918 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 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 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 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 8.96 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 has given negative 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 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 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 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 8.96 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 has given negative 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.