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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.

MLCONASDAQ
Consumer CyclicalGambling, Resorts & Casinos
$5.60
$0.10(1.82%)
U.S. Market opens in 49h 36m

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 neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 53.93)
Trend Strength:Weak (ADX: 12.68)
Volatility:Medium (ATR: 0.19)
Support/Resistance:$5.38 – $5.75 (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): 53.93

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 51.87

Neutral
Mid-range signal with no clear trend.

Williams %R: -31.58

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -0.36

Neutral
Price change is minimal.

Takeaway:Melco Resorts & Entertainment Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.02

Bullish
Bullish, trend momentum is strengthening.

ADX: 12.68

Weak
Weak trend, market trading sideways.

ATR (14): 0.19

Low
Low volatility, stable price action.

CCI (14): -2.49

Neutral
Neutral, no strong directional signal.

Takeaway:Melco Resorts & Entertainment Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$5.75
Middle Band (SMA 20)
$5.56
Lower Band
$5.38
Current Position
Within Bands

Takeaway:Melco Resorts & Entertainment Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$5.92
Middle Line (EMA 20)
$5.54
Lower Channel
$5.15
Squeeze Status
Squeeze On

Takeaway:Melco Resorts & Entertainment Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume8.36M
Money Flow Index46.50Neutral, balanced money flows with no clear signal.
Relative Vigor Index41.04Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MLCO shows balanced money flow with a slight bearish tilt.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

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 Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(NASDAQ: MLCO) Technical Analysis FAQ