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Melco Resorts & Entertainment Limited

MLCO Technical Analysis Summary (NASDAQ)

Analyze MLCO on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MLCO●NASDAQ
Consumer CyclicalGambling, Resorts & Casinos
$4.24
$0.010(0.24%)
U.S. Market opens in 4h 24m

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 (NASDAQ)

Melco Resorts & Entertainment Limited (NASDAQ: MLCO) stock currently shows a bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 29.70)
Trend Strength:Very Strong (ADX: 48.12)
Volatility:Medium (ATR: 0.17)
Support/Resistance:$4.11 – $5.15 (Bollinger Bands)

Technical conditions suggest Melco Resorts & Entertainment Limited on the NASDAQ is awaiting a decisive move. This mix signals that Melco Resorts & Entertainment Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 29.70

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 19.87

Bullish
Oversold zone signals rebound potential.

Williams %R: -76.53

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -6.69

Strongly Bearish
Sharp downside momentum.

Takeaway:Melco Resorts & Entertainment Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.24

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 48.12

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.17

Low
Low volatility, stable price action.

CCI (14): -93.12

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$5.15
Middle Band (SMA 20)
$4.63
Lower Band
$4.11
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$4.95
Middle Line (EMA 20)
$4.61
Lower Channel
$4.27
Squeeze Status
No Squeeze

Takeaway:Melco Resorts & Entertainment Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-11.67M
Money Flow Index43.59Neutral, balanced money flows with no clear signal.
Relative Vigor Index62.91Bullish, price momentum strongly favors buyers.

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 (NASDAQ: MLCO), 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.

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

(NASDAQ: MLCO) Technical Analysis FAQ