(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 2024-01-25 View latest technical analysis
10 day averaged volume of Melco Resorts is 3458800
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Jan 2024 | 8.51 | 8.76 | 8.89 | 8.48 | 1.224 times |
| 24 Wed Jan 2024 | 8.41 | 8.15 | 8.63 | 8.14 | 1.22 times |
| 23 Tue Jan 2024 | 7.91 | 7.50 | 8.13 | 7.47 | 1.408 times |
| 22 Mon Jan 2024 | 7.27 | 7.40 | 7.55 | 7.25 | 1.493 times |
| 19 Fri Jan 2024 | 7.61 | 7.73 | 7.75 | 7.48 | 0.605 times |
| 18 Thu Jan 2024 | 7.82 | 7.52 | 7.88 | 7.52 | 0.673 times |
| 17 Wed Jan 2024 | 7.41 | 7.77 | 7.80 | 7.35 | 1.613 times |
| 16 Tue Jan 2024 | 8.07 | 8.09 | 8.16 | 7.98 | 0.799 times |
| 12 Fri Jan 2024 | 8.21 | 8.35 | 8.57 | 8.17 | 0.609 times |
| 12 Fri Jan 2024 | 8.21 | 8.35 | 8.57 | 8.17 | 0.609 times |
My analysis of stock is bullish for shortterm, and stock might move up till 9 or till 9.7. Use a stoploss of 8.38 and if this stock hits its stoploss, then it can fall down till 7.8
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 | 8.78 |
| 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 | 7.54 |
| Downside Intraday Target | 6.58 |
| Upside Intraday Target | 9.18 |
| Upside Intraday Target | 9.86 |
| Downside Intraday Target | 8.22 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Jan 2024 | 8.51 | 7.40 | 8.89 | 7.25 | 1.448 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 |
| 25 Thu Jan 2024 | 8.51 | 8.83 | 9.56 | 7.25 | 0.86 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 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 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 to mid 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Melco Resorts in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 7.89 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 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 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 to mid 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Melco Resorts in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 7.89 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.