MELCO RESORTS & ENTERT-ADR (MLCO) Technical Analysis
NASDAQ:MLCO • US5854641009
Current stock price
MLCO Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MLCO. MLCO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MLCO is a bad performer in the overall market: 73% of all stocks are doing better.
- MLCO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MLCO is lagging the market.
- In the last month MLCO has a been trading in the 5.40 - 6.25 range, which is quite wide. It is currently trading near the lows of this range.
- MLCO has an average volume of 2549450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MLCO is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 49% of 126 stocks in the same industry.
MLCO Weekly and Daily overview Charts
MLCO Setup Rating and Analysis
MLCO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for MLCO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MLCO Support and Resistance Analysis
5.33
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.50 to 5.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.38 to 5.39. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 5.81 to 5.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.10 to 6.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.96 from a trend line in the weekly time frame.
- Resistance @8.42 from a trend line in the daily time frame.
MLCO Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MLCO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLCO is down. |
| ChartMill Relative Strength | 27.19 | NEGATIVE | MLCO has a low relative strength, it was outperformed by 72.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MLCO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MLCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.5 | NEUTRAL | The RSI value for MLCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MLCO has a positive trend. |
| Stochastics (14,3) | 45.33 | NEUTRAL | The Stochastics value for MLCO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for MLCO suggests some volalility. |
| Average Directional Index/ADX (14) | 31.08 | POSITIVE | The high ADX value value for MLCO suggests a strong trend. |
MLCO Chart- and CandleStick Pattern Analysis
MLCO Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MLCO (3/31/2026, 9:51:14 AM)
5.66
+0.1 (+1.8%)
MELCO RESORTS & ENTERT-ADR / MLCO TA FAQ
What is the ChartMill technical rating of MELCO RESORTS & ENTERT-ADR (MLCO) stock?
ChartMill assigns a technical rating of 0 / 10 to MLCO.
What is the trend direction for MLCO stock?
The current trend direction for MELCO RESORTS & ENTERT-ADR (MLCO) is Bearish.
Can you provide the RSI signal for MELCO RESORTS & ENTERT-ADR?
MELCO RESORTS & ENTERT-ADR (MLCO) has an RSI value of 43.498. This indicates that the stock is currently neutral.
What is the MACD signal for MELCO RESORTS & ENTERT-ADR (MLCO) stock?
The MACD indicator for MELCO RESORTS & ENTERT-ADR (MLCO) has a value of 0.0283643, indicating a bearish trend.
What are the support and resistance levels for MELCO RESORTS & ENTERT-ADR (MLCO) stock?
MELCO RESORTS & ENTERT-ADR (MLCO) has a support level at 5.54 and a resistance level at 5.81. Check the full technical report for our detailed analysis of MLCO support and resistance levels.