(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 2024-04-10 View latest technical analysis
10 day averaged volume of Melco Resorts is 2279120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 7.23 | 7.27 | 7.32 | 7.16 | 1.203 times |
| 09 Tue Apr 2024 | 7.33 | 7.31 | 7.34 | 7.20 | 0.902 times |
| 08 Mon Apr 2024 | 7.09 | 7.06 | 7.15 | 6.96 | 0.892 times |
| 05 Fri Apr 2024 | 7.09 | 7.23 | 7.30 | 7.06 | 0.882 times |
| 04 Thu Apr 2024 | 7.22 | 7.62 | 7.68 | 7.22 | 0.58 times |
| 03 Wed Apr 2024 | 7.56 | 7.21 | 7.59 | 7.21 | 1.18 times |
| 02 Tue Apr 2024 | 7.34 | 7.35 | 7.45 | 7.23 | 0.83 times |
| 01 Mon Apr 2024 | 7.44 | 7.30 | 7.61 | 7.28 | 2.56 times |
| 28 Thu Mar 2024 | 7.21 | 7.30 | 7.36 | 7.17 | 0.754 times |
| 27 Wed Mar 2024 | 7.18 | 7.04 | 7.18 | 7.02 | 0.498 times |
My analysis of stock is bullish for shortterm, and stock might move up till 7.4 or till 7.6. Use a stoploss of 7.2 and if this stock hits its stoploss, then it can fall down till 7.02
Share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Target | 6.62 |
| Downside Target | 6.82 |
| Upside Target | 7.34 |
| 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 | 7.01 |
| Downside Intraday Target | 6.8 |
| Upside Intraday Target | 7.39 |
| Upside Intraday Target | 7.56 |
| Downside Intraday Target | 7.18 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Apr 2024 | 7.23 | 7.06 | 7.34 | 6.96 | 0.497 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 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 |
| 10 Wed Apr 2024 | 7.23 | 7.30 | 7.68 | 6.96 | 0.363 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 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 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 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 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 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 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.
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 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 7.31 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 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 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 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 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 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.
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 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 7.31 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.