(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 2024-11-06 View latest technical analysis
10 day averaged volume of Melco Resorts is 2241920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 6.77 | 6.66 | 6.82 | 6.40 | 1.93 times |
| 05 Tue Nov 2024 | 6.74 | 6.69 | 6.92 | 6.51 | 1.462 times |
| 04 Mon Nov 2024 | 6.57 | 6.69 | 6.89 | 6.50 | 1.704 times |
| 01 Fri Nov 2024 | 6.72 | 6.87 | 6.89 | 6.68 | 0.836 times |
| 31 Thu Oct 2024 | 6.72 | 6.81 | 6.81 | 6.56 | 1.443 times |
| 30 Wed Oct 2024 | 6.85 | 6.84 | 6.91 | 6.82 | 0.507 times |
| 29 Tue Oct 2024 | 6.95 | 7.03 | 7.15 | 6.95 | 0.81 times |
| 28 Mon Oct 2024 | 6.99 | 6.79 | 7.08 | 6.79 | 0.76 times |
| 25 Fri Oct 2024 | 6.73 | 6.68 | 6.87 | 6.64 | 0.779 times |
| 24 Thu Oct 2024 | 6.68 | 6.73 | 6.82 | 6.62 | 0.954 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 6.6 as stoploss in an intra day buy trade for a target of 7.04. However, stock will show a bearish move below 6.6.
Share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Target | 4.78 |
| Downside Target | 5.02 |
| Downside Target | 5.67 |
| Downside Target | 6.40 |
| Downside Target | 6.56 |
| Upside Target | 6.92 |
| Upside Target | 7.15 |
| Upside Target | 7.50 |
| Upside Target | 7.53 |
| Upside Target | 7.86 |
| Upside Target | 8.01 |
| Upside Target | 8.90 |
Intraday share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Intraday Target | 6.47 |
| Downside Intraday Target | 6.18 |
| Upside Intraday Target | 6.99 |
| Upside Intraday Target | 7.22 |
| Downside Intraday Target | 6.7 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 6.77 | 6.69 | 6.92 | 6.40 | 1.17 times |
| 01 Fri Nov 2024 | 6.72 | 6.79 | 7.15 | 6.56 | 0.98 times |
| 25 Fri Oct 2024 | 6.73 | 7.00 | 7.05 | 6.62 | 0.756 times |
| 18 Fri Oct 2024 | 7.13 | 7.48 | 7.86 | 7.03 | 0.711 times |
| 11 Fri Oct 2024 | 7.89 | 8.57 | 8.90 | 7.50 | 0.966 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 |
| 06 Wed Nov 2024 | 6.77 | 6.87 | 6.92 | 6.40 | 0.209 times |
| 31 Thu Oct 2024 | 6.72 | 7.84 | 8.90 | 6.56 | 0.796 times |
| 30 Mon Sep 2024 | 7.79 | 5.07 | 8.01 | 5.02 | 0.706 times |
| 30 Fri Aug 2024 | 5.07 | 5.71 | 5.73 | 4.78 | 2.159 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 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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Melco Resorts in short term and the sell signal is strong.
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 moving up
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 6.75 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 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 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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Melco Resorts in short term and the sell signal is strong.
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 moving up
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 6.75 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.