(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 2024-08-23 View latest technical analysis
10 day averaged volume of Melco Resorts is 6823970
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 5.51 | 5.61 | 5.61 | 5.43 | 0.449 times |
| 22 Thu Aug 2024 | 5.59 | 5.69 | 5.71 | 5.56 | 0.288 times |
| 21 Wed Aug 2024 | 5.64 | 5.50 | 5.73 | 5.47 | 0.397 times |
| 20 Tue Aug 2024 | 5.50 | 5.50 | 5.57 | 5.39 | 0.449 times |
| 19 Mon Aug 2024 | 5.55 | 5.24 | 5.61 | 5.22 | 1.181 times |
| 16 Fri Aug 2024 | 5.20 | 5.21 | 5.48 | 5.14 | 1.376 times |
| 15 Thu Aug 2024 | 5.18 | 5.21 | 5.23 | 4.95 | 2.217 times |
| 14 Wed Aug 2024 | 5.14 | 5.26 | 5.45 | 4.95 | 2.045 times |
| 13 Tue Aug 2024 | 5.17 | 5.42 | 5.44 | 5.11 | 1.093 times |
| 12 Mon Aug 2024 | 5.39 | 5.53 | 5.58 | 5.35 | 0.606 times |
My analysis of stock is bullish for shortterm, and stock might move up till 5.7 or till 5.9. Use a stoploss of 5.45 and if this stock hits its stoploss, then it can fall down till 5.24
Share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Target | 4.78 |
| Downside Target | 4.95 |
| Downside Target | 5.07 |
| Downside Target | 5.22 |
| Upside Target | 5.58 |
| Upside Target | 6.02 |
| Upside Target | 6.22 |
| Upside Target | 6.46 |
| Upside Target | 7.46 |
| Upside Target | 7.53 |
| Upside Target | 7.68 |
| Upside Target | 8.31 |
| Upside Target | 8.90 |
Intraday share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Intraday Target | 5.24 |
| Downside Intraday Target | 4.98 |
| Upside Intraday Target | 5.75 |
| Upside Intraday Target | 6 |
| Downside Intraday Target | 5.49 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Aug 2024 | 5.51 | 5.24 | 5.73 | 5.22 | 0.377 times |
| 16 Fri Aug 2024 | 5.20 | 5.53 | 5.58 | 4.95 | 2.69 times |
| 09 Fri Aug 2024 | 5.57 | 4.78 | 5.73 | 4.78 | 0.913 times |
| 02 Fri Aug 2024 | 5.15 | 5.92 | 6.02 | 5.07 | 1.799 times |
| 26 Fri Jul 2024 | 5.87 | 6.21 | 6.22 | 5.67 | 0.792 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 Fri Aug 2024 | 5.51 | 5.71 | 5.73 | 4.78 | 1.928 times |
| 31 Wed Jul 2024 | 5.71 | 7.53 | 7.53 | 5.67 | 1.37 times |
| 28 Fri Jun 2024 | 7.46 | 8.08 | 8.31 | 7.46 | 0.419 times |
| 31 Fri May 2024 | 7.84 | 6.58 | 8.90 | 6.46 | 1.198 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 SELL signal in short term but selling 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 5.29 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 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 SELL signal in short term but selling 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 5.29 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.