(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 2025-01-22 View latest technical analysis
10 day averaged volume of Melco Resorts is 3518950
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Wed Jan 2025 | 5.48 | 5.57 | 5.62 | 5.46 | 2.322 times |
| 21 Tue Jan 2025 | 5.59 | 5.57 | 5.68 | 5.53 | 1.835 times |
| 17 Fri Jan 2025 | 5.54 | 5.46 | 5.67 | 5.46 | 0.789 times |
| 17 Fri Jan 2025 | 5.54 | 5.46 | 5.67 | 5.46 | 0.789 times |
| 16 Thu Jan 2025 | 5.45 | 5.56 | 5.62 | 5.40 | 1.294 times |
| 15 Wed Jan 2025 | 5.53 | 5.55 | 5.63 | 5.40 | 2.893 times |
| 14 Tue Jan 2025 | 5.53 | 5.62 | 5.65 | 5.48 | 0.535 times |
| 13 Mon Jan 2025 | 5.56 | 5.45 | 5.59 | 5.42 | 0.454 times |
| 10 Fri Jan 2025 | 5.43 | 5.50 | 5.56 | 5.41 | 0.585 times |
| 08 Wed Jan 2025 | 5.59 | 5.55 | 5.60 | 5.48 | 0.413 times |
Stock of Melco Resorts (MLCO) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.5, but if it comes above 5.5, then a intra day buy could be more profitable.
If you take a sell trade below 5.5, then use 5.5 as stoploss and 5.3 as target. However if you take a buy trade in stock , then use 5.5 as stoploss and 5.62 as target.
Share price targets for Melco Resorts (MLCO)
| Target Type | Value |
| Downside Target | 5.02 |
| Downside Target | 5.40 |
| Upside Target | 5.68 |
| Upside Target | 5.90 |
| Upside Target | 5.91 |
| 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 | 5.4 |
| Downside Intraday Target | 5.32 |
| Upside Intraday Target | 5.62 |
| Upside Intraday Target | 5.76 |
| Upside Intraday Target | 5.54 |
Weekly technical analysis of Melco Resorts (MLCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Wed Jan 2025 | 5.48 | 5.57 | 5.68 | 5.46 | 5.269 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 |
| 08 Wed Jan 2025 | 5.59 | 5.85 | 5.90 | 5.48 | 0.771 times |
Price has moved down 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 |
| 22 Wed Jan 2025 | 5.48 | 5.75 | 5.90 | 5.40 | 1.322 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 down 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 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 SELL. 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.
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 coming down
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 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 5.52 and Melco Resorts (MLCO) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 SELL. 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.
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 coming down
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 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 5.52 and Melco Resorts (MLCO) stock is trading below this level. This means that stock is falling with high volumes. 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.