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Melco Resorts & Entertainment (MLCO)
NASDAQ:MLCO

Melco Resorts & Entertainment (MLCO) Technical Analysis

629 Followers

Technical Sentiment

Overall Consensus
Buy
10Bullish
5Neutral
7Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Neutral
6Bullish
0Neutral
6Bearish
Melco Resorts & Entertainment’s (MLCO) Moving Averages Convergence Divergence (MACD) indicator is 0.28, suggesting Melco Resorts & Entertainment is a Buy.
Melco Resorts & Entertainment’s (MLCO) 20-Day exponential moving average is 7.94, while Melco Resorts & Entertainment’s (MLCO) share price is $8.025, making it a Buy.
Melco Resorts & Entertainment’s (MLCO) 50-Day exponential moving average is 7.65, while Melco Resorts & Entertainment’s (MLCO) share price is $8.025, making it a Buy.

Melco Resorts & Entertainment (MLCO) Pivot Points

May 30, 2024, 10:12 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
7.25
7.49
7.61
7.85
7.97
8.21
8.33
Fibonacci
7.49
7.62
7.71
7.85
7.98
8.07
8.21
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 30, 2024, 10:12 PM
Period
Simple
Exponential
MA5
8.11Sell
8.09Sell
MA10
8.35Sell
8.14Sell
MA20
7.99Buy
7.94Buy
MA50
7.31Buy
7.65Buy
MA100
7.71Buy
7.83Buy
MA200
8.34Sell
8.77Sell
Melco Resorts & Entertainment’s (MLCO) 10-Day exponential moving average is 8.14, while Melco Resorts & Entertainment’s (MLCO) share price is $8.025, making it a Sell.
Melco Resorts & Entertainment’s (MLCO) 100-Day exponential moving average is 7.83, while Melco Resorts & Entertainment’s (MLCO) share price is $8.025, making it a Buy.
Melco Resorts & Entertainment’s (MLCO) stock price is $8.025 and Melco Resorts & Entertainment’s (MLCO) 50-day simple moving average is 7.31, creating a Buy signal.
Melco Resorts & Entertainment’s (MLCO) stock price is $8.025 and Melco Resorts & Entertainment’s (MLCO) 100-day simple moving average is 7.71, creating a Buy signal.
Melco Resorts & Entertainment’s (MLCO) stock price is $8.025 and Melco Resorts & Entertainment’s (MLCO) 200-day simple moving average is 8.34, creating a Sell signal.

Melco Resorts & Entertainment (MLCO) Technical Indicators

May 30, 2024, 10:12 PM
Name
Value
Implied Action
RSI (14)
54.49
Neutral
STOCH (9,6)
10.31
Buy
STOCHRSI (14)
29.03
Neutral
MACD (12,26)
0.28
Buy
ADX (14)
35.43
Neutral
Williams %R
-72.27
Buy
CCI (14)
-0.90
Neutral
ATR (14)
0.32
-
Ultimate Oscillator
39.90
Neutral
ROC
2.55
Buy
Melco Resorts & Entertainment’s (MLCO) Relative Strength Index (RSI) is 54.49, creating a Neutral signal.
Melco Resorts & Entertainment’s (MLCO) Trend Strength Indicator (ADX) is 35.43, creating a Neutral signal.
Melco Resorts & Entertainment’s (MLCO) Commodity Channel Index (CCI) is -0.90, creating a Neutral signal.
Melco Resorts & Entertainment’s (MLCO) Price Rate of Change (ROC) is 2.55, 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 54.49, which suggests MLCO is a Neutral.
      What is MLCO’s MACD?
      MLCO’s MACD is 0.28, which suggests MLCO is a Buy.
        What is MLCO’s 5-day moving average?
        MLCO’s 5-day moving average is 8.11, which suggests MLCO is a Sell.
          What is MLCO’s 20-day moving average?
          MLCO 20-day moving average is 7.99, which suggests MLCO is a Buy.
            What is MLCO’s 50-day moving average?
            MLCO’s 50-day moving average is 7.31, which suggests MLCO is a Buy.
              What is MLCO’s 200-day moving average?
              MLCO’s 200-day moving average is 8.34, which suggests MLCO is a Sell.
                What is MLCO’s Williams % R (14)?
                MLCO’s Williams % R (14) is -72.27, which suggests MLCO is a Buy.
                  What is MLCO’s CCI (14)?
                  MLCO’s CCI (14) is -0.90, which suggests MLCO is a Neutral.
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