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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
$4.81
$0.24(4.75%)
U.S. Market opens in 10h 35m

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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:Bearish to Weak (RSI: 30.70)
Trend Strength:Very Strong (ADX: 43.03)
Volatility:Medium (ATR: 0.17)
Support/Resistance:$4.85 – $5.63 (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): 30.70

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 11.82

Bullish
Oversold zone signals rebound potential.

Williams %R: -95.36

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -12.09

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.13

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 43.03

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.17

Low
Low volatility, stable price action.

CCI (14): -169.56

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
$5.63
Middle Band (SMA 20)
$5.24
Lower Band
$4.85
Current Position
Below Lower Band

Takeaway:Melco Resorts & Entertainment Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$5.53
Middle Line (EMA 20)
$5.20
Lower Channel
$4.86
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-8.77M
Money Flow Index27.89Bearish, selling pressure outweighs inflows.
Relative Vigor Index32.34Bearish, price momentum favors sellers.

Overall Takeaway:MLCO shows bearish money flow, with sellers dominating volume and vigor.

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.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Melco Resorts & Entertainment Limited shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(NASDAQ: MLCO) Technical Analysis FAQ