(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 2024-04-08 View latest technical analysis
10 day averaged volume of Melco Resorts is 2140650
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 7.09 | 7.06 | 7.15 | 6.96 | 0.95 times |
| 05 Fri Apr 2024 | 7.09 | 7.23 | 7.30 | 7.06 | 0.939 times |
| 04 Thu Apr 2024 | 7.22 | 7.62 | 7.68 | 7.22 | 0.618 times |
| 03 Wed Apr 2024 | 7.56 | 7.21 | 7.59 | 7.21 | 1.256 times |
| 02 Tue Apr 2024 | 7.34 | 7.35 | 7.45 | 7.23 | 0.884 times |
| 01 Mon Apr 2024 | 7.44 | 7.30 | 7.61 | 7.28 | 2.726 times |
| 28 Thu Mar 2024 | 7.21 | 7.30 | 7.36 | 7.17 | 0.803 times |
| 27 Wed Mar 2024 | 7.18 | 7.04 | 7.18 | 7.02 | 0.531 times |
| 26 Tue Mar 2024 | 7.09 | 6.91 | 7.11 | 6.84 | 0.98 times |
| 25 Mon Mar 2024 | 6.84 | 6.85 | 7.01 | 6.82 | 0.634 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 7 as stoploss in an intra day buy trade for a target of 7.21. However, stock will show a bearish move below 7.
Share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Target | 6.62 |
| Downside Target | 6.82 |
| Upside Target | 7.30 |
| Upside Target | 7.36 |
| Upside Target | 7.66 |
| Upside Target | 7.68 |
| Upside Target | 9.25 |
| Upside Target | 9.39 |
| Upside Target | 9.56 |
Intraday share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Intraday Target | 6.98 |
| Downside Intraday Target | 6.88 |
| Upside Intraday Target | 7.17 |
| Upside Intraday Target | 7.26 |
| Downside Intraday Target | 7.07 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 7.09 | 7.06 | 7.15 | 6.96 | 0.148 times |
| 05 Fri Apr 2024 | 7.09 | 7.30 | 7.68 | 7.06 | 2.179 times |
| 28 Thu Mar 2024 | 7.21 | 6.85 | 7.36 | 6.82 | 0.564 times |
| 22 Fri Mar 2024 | 6.90 | 7.30 | 7.30 | 6.89 | 0.723 times |
| 15 Fri Mar 2024 | 7.20 | 7.42 | 7.66 | 7.16 | 1.14 times |
Price has moved down 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 |
| 08 Mon Apr 2024 | 7.09 | 7.30 | 7.68 | 6.96 | 0.278 times |
| 28 Thu Mar 2024 | 7.21 | 7.50 | 7.66 | 6.62 | 0.915 times |
| 29 Thu Feb 2024 | 7.73 | 8.05 | 9.39 | 7.21 | 0.873 times |
| 31 Wed Jan 2024 | 7.81 | 8.83 | 9.56 | 7.25 | 0.967 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Melco Resorts ( (MLCO) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Melco Resorts ( (MLCO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY signal for Melco Resorts in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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
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 7.27 and Melco Resorts (MLCO) stock is trading below this level. This means that stock is falling with high volumes. 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Melco Resorts ( (MLCO) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Melco Resorts ( (MLCO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 BUY signal for Melco Resorts in short term but the buy signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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
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 7.27 and Melco Resorts (MLCO) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.