(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.
10 day averaged volume of Melco Resorts is 5041060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue Jan 2025 | 5.92 | 5.82 | 5.94 | 5.75 | 0.66 times |
| 27 Mon Jan 2025 | 5.78 | 5.68 | 5.84 | 5.61 | 0.936 times |
| 24 Fri Jan 2025 | 5.60 | 5.60 | 5.69 | 5.54 | 1 times |
| 23 Thu Jan 2025 | 5.53 | 5.45 | 5.61 | 5.40 | 0.763 times |
| 22 Wed Jan 2025 | 5.48 | 5.57 | 5.62 | 5.46 | 1.621 times |
| 21 Tue Jan 2025 | 5.59 | 5.57 | 5.68 | 5.53 | 1.281 times |
| 17 Fri Jan 2025 | 5.54 | 5.46 | 5.67 | 5.46 | 0.551 times |
| 17 Fri Jan 2025 | 5.54 | 5.46 | 5.67 | 5.46 | 0.551 times |
| 16 Thu Jan 2025 | 5.45 | 5.56 | 5.62 | 5.40 | 0.903 times |
| 15 Wed Jan 2025 | 5.53 | 5.55 | 5.63 | 5.40 | 2.02 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 5.9, for a target of 5.7 or 5.6
Share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Target | 5.02 |
| Downside Target | 5.40 |
| Downside Target | 5.58 |
| Downside Target | 5.91 |
| Upside Target | 5.94 |
| Upside Target | 6.56 |
| Upside Target | 7.29 |
| Upside Target | 7.30 |
| Upside Target | 8.01 |
| Upside Target | 8.90 |
Intraday share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Intraday Target | 5.71 |
| Downside Intraday Target | 5.49 |
| Upside Intraday Target | 6.04 |
| Upside Intraday Target | 6.15 |
| Downside Intraday Target | 5.82 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue Jan 2025 | 5.92 | 5.68 | 5.94 | 5.61 | 0.342 times |
| 24 Fri Jan 2025 | 5.60 | 5.57 | 5.69 | 5.40 | 8.471 times |
| 17 Fri Jan 2025 | 5.54 | 5.46 | 5.67 | 5.46 | 0.132 times |
| 17 Fri Jan 2025 | 5.54 | 5.45 | 5.67 | 5.40 | 5.981 times |
| 10 Fri Jan 2025 | 5.43 | 5.55 | 5.60 | 5.41 | 0.477 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 |
| 28 Tue Jan 2025 | 5.92 | 5.75 | 5.94 | 5.40 | 1.738 times |
| 31 Tue Dec 2024 | 5.79 | 6.84 | 7.30 | 5.58 | 0.589 times |
| 26 Tue Nov 2024 | 5.98 | 6.87 | 7.29 | 5.91 | 1.089 times |
| 31 Thu Oct 2024 | 6.72 | 7.84 | 8.90 | 6.56 | 0.796 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 losing 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 HIGHS, which reflects strong buying momentum in short term! 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
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 5.58 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 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 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 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 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 losing 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 HIGHS, which reflects strong buying momentum in short term! 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
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 5.58 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.