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Melco Resorts & Entertainment (MLCO)
NASDAQ:MLCO

Melco Resorts & Entertainment (MLCO) Technical Analysis

623 Followers

Technical Sentiment

Overall Consensus
Buy
12Bullish
2Neutral
8Bearish
Technical Analysis Consensus
Sell
2Bullish
2Neutral
6Bearish
Moving Average Consensus
Strong Buy
10Bullish
0Neutral
2Bearish
Melco Resorts & Entertainment’s (MLCO) Moving Averages Convergence Divergence (MACD) indicator is 0.30, suggesting Melco Resorts & Entertainment is a Sell.
Melco Resorts & Entertainment’s (MLCO) 20-Day exponential moving average is 7.36, while Melco Resorts & Entertainment’s (MLCO) share price is $8.25, making it a Buy.
Melco Resorts & Entertainment’s (MLCO) 50-Day exponential moving average is 7.31, while Melco Resorts & Entertainment’s (MLCO) share price is $8.25, making it a Buy.

Melco Resorts & Entertainment (MLCO) Pivot Points

May 15, 2024, 04:18 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
7.76
7.89
8.08
8.21
8.40
8.53
8.72
Fibonacci
7.89
8.01
8.08
8.21
8.33
8.40
8.53
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Melco Resorts & Entertainment (MLCO) Moving Averages

May 15, 2024, 04:18 AM
Period
Simple
Exponential
MA5
8.05Buy
8.02Buy
MA10
7.63Buy
7.69Buy
MA20
6.97Buy
7.36Buy
MA50
7.11Buy
7.31Buy
MA100
7.77Buy
7.70Buy
MA200
8.57Sell
8.78Sell
Melco Resorts & Entertainment’s (MLCO) 10-Day exponential moving average is 7.69, while Melco Resorts & Entertainment’s (MLCO) share price is $8.25, making it a Buy.
Melco Resorts & Entertainment’s (MLCO) 100-Day exponential moving average is 7.70, while Melco Resorts & Entertainment’s (MLCO) share price is $8.25, making it a Buy.
Melco Resorts & Entertainment’s (MLCO) stock price is $8.25 and Melco Resorts & Entertainment’s (MLCO) 50-day simple moving average is 7.11, creating a Buy signal.
Melco Resorts & Entertainment’s (MLCO) stock price is $8.25 and Melco Resorts & Entertainment’s (MLCO) 100-day simple moving average is 7.77, creating a Buy signal.
Melco Resorts & Entertainment’s (MLCO) stock price is $8.25 and Melco Resorts & Entertainment’s (MLCO) 200-day simple moving average is 8.57, creating a Sell signal.

Melco Resorts & Entertainment (MLCO) Technical Indicators

May 15, 2024, 04:18 AM
Name
Value
Implied Action
RSI (14)
72.23
Sell
STOCH (9,6)
90.47
Sell
STOCHRSI (14)
92.29
Sell
MACD (12,26)
0.30
Sell
ADX (14)
32.49
Neutral
Williams %R
-3.72
Sell
CCI (14)
126.55
Sell
ATR (14)
0.33
-
Ultimate Oscillator
62.89
Neutral
ROC
31.58
Buy
Melco Resorts & Entertainment’s (MLCO) Relative Strength Index (RSI) is 72.23, creating a Sell signal.
Melco Resorts & Entertainment’s (MLCO) Trend Strength Indicator (ADX) is 32.49, creating a Neutral signal.
Melco Resorts & Entertainment’s (MLCO) Commodity Channel Index (CCI) is 126.55, creating a Sell signal.
Melco Resorts & Entertainment’s (MLCO) Price Rate of Change (ROC) is 31.58, creating a Buy signal.

FAQ

Is MLCO a Buy, Hold, or Sell?
Based on MLCO’s technical indicators, MLCO is a Buy.
    What is MLCO’s RSI (14)?
    MLCO’s RSI (14) is 72.23, which suggests MLCO is a Sell.
      What is MLCO’s MACD?
      MLCO’s MACD is 0.30, which suggests MLCO is a Sell.
        What is MLCO’s 5-day moving average?
        MLCO’s 5-day moving average is 8.05, which suggests MLCO is a Buy.
          What is MLCO’s 20-day moving average?
          MLCO 20-day moving average is 6.97, which suggests MLCO is a Buy.
            What is MLCO’s 50-day moving average?
            MLCO’s 50-day moving average is 7.11, which suggests MLCO is a Buy.
              What is MLCO’s 200-day moving average?
              MLCO’s 200-day moving average is 8.57, which suggests MLCO is a Sell.
                What is MLCO’s Williams % R (14)?
                MLCO’s Williams % R (14) is -3.72, which suggests MLCO is a Sell.
                  What is MLCO’s CCI (14)?
                  MLCO’s CCI (14) is 126.55, which suggests MLCO is a Sell.
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