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Melco Resorts & Entertainment Limited

MLCONASDAQ
Consumer Cyclical
Gambling, Resorts & Casinos
$5.66
$0.16(2.91%)
U.S. Market is Open • 11:35

Melco Resorts & Entertainment Limited (MLCO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Melco Resorts & Entertainment Limited (NASDAQ:MLCO).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MLCO Technical Analysis Summary

Melco Resorts & Entertainment Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 36.56)
Trend Strength:Strong (ADX: 38.10)
Volatility:Medium (ATR: 0.26)
Support/Resistance:$5.34 – $6.19 (Bollinger Bands)

This mix signals that Melco Resorts & Entertainment Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 36.56

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 11.67

Bullish
Oversold zone signals rebound potential.

Williams %R: -95.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -9.41

Strongly Bearish
Sharp downside momentum.

Takeaway:Melco Resorts & Entertainment Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.19

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 38.10

Strong
Strong trend, momentum well established.

ATR (14): 0.26

Low
Low volatility, stable price action.

CCI (14): -115.78

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Melco Resorts & Entertainment Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$6.19
Middle Band (SMA 20)
$5.77
Lower Band
$5.34
Current Position
Within Bands

Takeaway:Melco Resorts & Entertainment Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$6.35
Middle Line (EMA 20)
$5.83
Lower Channel
$5.31
Squeeze Status
Squeeze On

Takeaway:Melco Resorts & Entertainment Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-7.04M
Money Flow Index60.56Bullish, inflows support continued momentum.
Relative Vigor Index48.05Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MLCO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Melco Resorts & Entertainment Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Melco Resorts & Entertainment Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ