(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 2024-09-04 View latest technical analysis
10 day averaged volume of Melco Resorts is 2182669
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 5.34 | 5.02 | 5.51 | 5.02 | 1.474 times |
| 03 Tue Sep 2024 | 5.05 | 5.07 | 5.17 | 5.03 | 0.914 times |
| 30 Fri Aug 2024 | 5.07 | 5.10 | 5.15 | 5.03 | 0.928 times |
| 30 Fri Aug 2024 | 5.07 | 5.10 | 5.15 | 5.03 | 0.929 times |
| 29 Thu Aug 2024 | 5.09 | 5.09 | 5.24 | 5.07 | 0.828 times |
| 28 Wed Aug 2024 | 5.08 | 5.34 | 5.34 | 5.05 | 1.311 times |
| 27 Tue Aug 2024 | 5.41 | 5.49 | 5.49 | 5.34 | 0.836 times |
| 26 Mon Aug 2024 | 5.47 | 5.49 | 5.54 | 5.45 | 0.708 times |
| 23 Fri Aug 2024 | 5.51 | 5.61 | 5.61 | 5.43 | 1.403 times |
| 22 Thu Aug 2024 | 5.59 | 5.69 | 5.71 | 5.56 | 0.901 times |
My analysis of stock is bullish for shortterm, and stock might move up till 5.5 or till 5.8. Use a stoploss of 5.33 and if this stock hits its stoploss, then it can fall down till 5.12
Share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Target | 4.78 |
| Downside Target | 4.95 |
| Downside Target | 5.15 |
| Upside Target | 5.51 |
| Upside Target | 5.67 |
| Upside Target | 5.73 |
| Upside Target | 6.46 |
| Upside Target | 7.46 |
| Upside Target | 7.53 |
| Upside Target | 8.31 |
| Upside Target | 8.90 |
Intraday share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Intraday Target | 5.07 |
| Downside Intraday Target | 4.8 |
| Upside Intraday Target | 5.56 |
| Upside Intraday Target | 5.78 |
| Downside Intraday Target | 5.29 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 5.34 | 5.07 | 5.51 | 5.02 | 2.573 times |
| 30 Fri Aug 2024 | 5.07 | 5.10 | 5.15 | 5.03 | 0.201 times |
| 30 Fri Aug 2024 | 5.07 | 5.49 | 5.54 | 5.03 | 0.534 times |
| 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Melco Resorts (MLCO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 5.34 | 5.07 | 5.51 | 5.02 | 0.046 times |
| 30 Fri Aug 2024 | 5.07 | 5.71 | 5.73 | 4.78 | 2.159 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 |
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 BUY. Signal strength is Strong 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 5.27 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 BUY. Signal strength is Strong 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 5.27 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.