(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 2024-09-11 View latest technical analysis
10 day averaged volume of Melco Resorts is 2723372
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed Sep 2024 | 5.49 | 5.39 | 5.55 | 5.30 | 1.161 times |
| 10 Tue Sep 2024 | 5.33 | 5.36 | 5.38 | 5.17 | 0.883 times |
| 09 Mon Sep 2024 | 5.34 | 5.32 | 5.43 | 5.27 | 0.894 times |
| 06 Fri Sep 2024 | 5.37 | 5.49 | 5.71 | 5.34 | 2.108 times |
| 05 Thu Sep 2024 | 5.48 | 5.41 | 5.51 | 5.35 | 0.998 times |
| 04 Wed Sep 2024 | 5.34 | 5.02 | 5.51 | 5.02 | 1.182 times |
| 03 Tue Sep 2024 | 5.05 | 5.07 | 5.17 | 5.03 | 0.732 times |
| 30 Fri Aug 2024 | 5.07 | 5.10 | 5.15 | 5.03 | 0.744 times |
| 30 Fri Aug 2024 | 5.07 | 5.10 | 5.15 | 5.03 | 0.745 times |
| 29 Thu Aug 2024 | 5.09 | 5.09 | 5.24 | 5.07 | 0.664 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 5.5 as stoploss in an intra day sell trade for a target of 5.34. However, stock will show a bullish move above 5.5.
Share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Target | 4.78 |
| Downside Target | 5.02 |
| Downside Target | 5.15 |
| Upside Target | 5.54 |
| 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 | 5.26 |
| Downside Intraday Target | 5.02 |
| Upside Intraday Target | 5.64 |
| Upside Intraday Target | 5.78 |
| Downside Intraday Target | 5.4 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed Sep 2024 | 5.49 | 5.32 | 5.55 | 5.17 | 0.585 times |
| 06 Fri Sep 2024 | 5.37 | 5.07 | 5.71 | 5.02 | 6.749 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 |
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 |
| 11 Wed Sep 2024 | 5.49 | 5.07 | 5.71 | 5.02 | 0.192 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 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 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 5.3 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 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 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 5.3 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 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.