(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 2024-06-04 View latest technical analysis
10 day averaged volume of Melco Resorts is 3531857
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 8.24 | 8.02 | 8.27 | 8.01 | 0.949 times |
| 03 Mon Jun 2024 | 8.16 | 8.08 | 8.18 | 7.85 | 1.138 times |
| 31 Fri May 2024 | 7.84 | 8.04 | 8.10 | 7.77 | 1.27 times |
| 30 Thu May 2024 | 8.06 | 8.03 | 8.11 | 7.90 | 0.708 times |
| 29 Wed May 2024 | 8.04 | 8.02 | 8.06 | 7.83 | 0.677 times |
| 28 Tue May 2024 | 7.74 | 8.03 | 8.08 | 7.72 | 0.6 times |
| 23 Thu May 2024 | 8.22 | 8.54 | 8.61 | 8.17 | 0.654 times |
| 22 Wed May 2024 | 8.59 | 8.76 | 8.84 | 8.59 | 0.835 times |
| 21 Tue May 2024 | 8.70 | 8.64 | 8.79 | 8.64 | 1.335 times |
| 20 Mon May 2024 | 8.85 | 8.62 | 8.90 | 8.57 | 1.66 times |
My analysis of stock is bullish for shortterm, and stock might move up till 8.5 or till 9. Use a stoploss of 8.15 and if this stock hits its stoploss, then it can fall down till 7.78
Share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Target | 6.10 |
| Downside Target | 6.46 |
| Downside Target | 6.62 |
| Downside Target | 7.21 |
| Downside Target | 7.66 |
| Downside Target | 8.01 |
| Downside Target | 8.21 |
| Upside Target | 8.27 |
| Upside Target | 8.80 |
| Upside Target | 8.90 |
| Upside Target | 9.39 |
Intraday share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Intraday Target | 7.97 |
| Downside Intraday Target | 7.7 |
| Upside Intraday Target | 8.39 |
| Upside Intraday Target | 8.54 |
| Downside Intraday Target | 8.12 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 8.24 | 8.08 | 8.27 | 7.85 | 0.641 times |
| 31 Fri May 2024 | 7.84 | 8.03 | 8.11 | 7.72 | 0.726 times |
| 23 Thu May 2024 | 8.22 | 8.62 | 8.90 | 8.17 | 1.064 times |
| 17 Fri May 2024 | 8.58 | 8.02 | 8.80 | 8.01 | 0.507 times |
| 10 Fri May 2024 | 7.85 | 7.50 | 8.21 | 7.30 | 0.847 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 |
| 04 Tue Jun 2024 | 8.24 | 8.08 | 8.27 | 7.85 | 0.081 times |
| 31 Fri May 2024 | 7.84 | 6.58 | 8.90 | 6.46 | 1.198 times |
| 30 Tue Apr 2024 | 6.54 | 7.30 | 7.68 | 6.10 | 1.341 times |
| 28 Thu Mar 2024 | 7.21 | 7.50 | 7.66 | 6.62 | 0.915 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Melco Resorts in short term but the sell 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 weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 8.32 and Melco Resorts (MLCO) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Melco Resorts in short term but the sell 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 weakening, and bulls are picking up momentum!
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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 8.32 and Melco Resorts (MLCO) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.