(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 2024-11-08 View latest technical analysis
10 day averaged volume of Melco Resorts is 2799890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 6.83 | 6.84 | 6.98 | 6.75 | 1.553 times |
| 07 Thu Nov 2024 | 7.12 | 6.98 | 7.29 | 6.92 | 1.809 times |
| 06 Wed Nov 2024 | 6.77 | 6.66 | 6.82 | 6.40 | 1.545 times |
| 05 Tue Nov 2024 | 6.74 | 6.69 | 6.92 | 6.51 | 1.17 times |
| 04 Mon Nov 2024 | 6.57 | 6.69 | 6.89 | 6.50 | 1.364 times |
| 01 Fri Nov 2024 | 6.72 | 6.87 | 6.89 | 6.68 | 0.669 times |
| 31 Thu Oct 2024 | 6.72 | 6.81 | 6.81 | 6.56 | 1.155 times |
| 30 Wed Oct 2024 | 6.85 | 6.84 | 6.91 | 6.82 | 0.406 times |
| 29 Tue Oct 2024 | 6.95 | 7.03 | 7.15 | 6.95 | 0.649 times |
| 28 Mon Oct 2024 | 6.99 | 6.79 | 7.08 | 6.79 | 0.609 times |
My analysis of stock is bearish for shortterm, and stock might move down till 6.7 or till 6.3. Use a stoploss of 6.95 and if the stock hits stoploss, then it can shoot up till 7.24
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 | 7.03 |
| Upside Target | 7.29 |
| 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 | 6.39 |
| Downside Intraday Target | 5.95 |
| Upside Intraday Target | 7.28 |
| Upside Intraday Target | 7.73 |
| Upside Intraday Target | 6.84 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 6.83 | 6.69 | 7.29 | 6.40 | 2.134 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, 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 |
| 08 Fri Nov 2024 | 6.83 | 6.87 | 7.29 | 6.40 | 0.358 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 gaining 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. Bulls are getting stronger in this stock.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 6.83 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 gaining 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. Bulls are getting stronger in this stock.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 6.83 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.