(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 2024-01-24 View latest technical analysis
10 day averaged volume of Melco Resorts is 3624590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 8.41 | 8.15 | 8.63 | 8.14 | 1.164 times |
| 23 Tue Jan 2024 | 7.91 | 7.50 | 8.13 | 7.47 | 1.344 times |
| 22 Mon Jan 2024 | 7.27 | 7.40 | 7.55 | 7.25 | 1.425 times |
| 19 Fri Jan 2024 | 7.61 | 7.73 | 7.75 | 7.48 | 0.577 times |
| 18 Thu Jan 2024 | 7.82 | 7.52 | 7.88 | 7.52 | 0.643 times |
| 17 Wed Jan 2024 | 7.41 | 7.77 | 7.80 | 7.35 | 1.54 times |
| 16 Tue Jan 2024 | 8.07 | 8.09 | 8.16 | 7.98 | 0.763 times |
| 12 Fri Jan 2024 | 8.21 | 8.35 | 8.57 | 8.17 | 0.581 times |
| 12 Fri Jan 2024 | 8.21 | 8.35 | 8.57 | 8.17 | 0.581 times |
| 11 Thu Jan 2024 | 8.36 | 8.07 | 8.37 | 8.05 | 0.925 times |
My analysis of stock is bullish for shortterm, and stock might move up till 9 or till 9.7. Use a stoploss of 8.4 and if this stock hits its stoploss, then it can fall down till 7.81
Share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Target | 6.80 |
| Downside Target | 7.25 |
| Downside Target | 7.80 |
| Downside Target | 8.16 |
| Upside Target | 8.57 |
| Upside Target | 9.07 |
| 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 | 7.56 |
| Downside Intraday Target | 6.72 |
| Upside Intraday Target | 8.94 |
| Upside Intraday Target | 9.48 |
| Downside Intraday Target | 8.1 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Jan 2024 | 8.41 | 7.40 | 8.63 | 7.25 | 1.117 times |
| 19 Fri Jan 2024 | 7.61 | 8.09 | 8.16 | 7.35 | 6.058 times |
| 12 Fri Jan 2024 | 8.21 | 8.35 | 8.57 | 8.17 | 0.13 times |
| 12 Fri Jan 2024 | 8.21 | 8.93 | 8.95 | 7.93 | 1.191 times |
| 05 Fri Jan 2024 | 9.03 | 8.83 | 9.56 | 8.78 | 5.794 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 |
| 24 Wed Jan 2024 | 8.41 | 8.83 | 9.56 | 7.25 | 0.802 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 down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Melco Resorts ( (MLCO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
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 SELL signal for Melco Resorts in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Melco Resorts in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 7.86 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Melco Resorts ( (MLCO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 neutral. A longer time frame might give a better analysis.
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 SELL signal for Melco Resorts in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Melco Resorts in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 7.86 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.