MELCO CROWN ENTMT LTD (MPEL) Technical Analysis
NASDAQ:MPEL • US5854641009
Current stock price
MPEL Technical Rating and Analysis
Overall MPEL gets a technical rating of 9 out of 10. Both in the recent history as in the last year, MPEL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- MPEL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MPEL is performing more or less in line with the market.
- MPEL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- MPEL has an average volume of 3725130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the yearly performance of all stocks, we notice that MPEL is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
MPEL Weekly and Daily overview Charts
MPEL Setup Rating and Analysis
MPEL has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
MPEL Support and Resistance Analysis
16.15
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.29 to 17.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.31 to 16.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @18.99 from a trend line in the daily time frame.
- Resistance @19.30 from a horizontal line in the weekly time frame.
- Resistance @19.66 from a horizontal line in the daily time frame.
MPEL 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 | UP | POSITIVE | The long term trend for MPEL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MPEL is up. |
| ChartMill Relative Strength | 82.18 | POSITIVE | MPEL has a high relative strength, it outperformed 82.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MPEL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MPEL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MPEL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.84 | NEUTRAL | The RSI value for MPEL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MPEL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.77 | OVERBOUGHT | The high Stochastics value suggests MPEL may be overbought. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for MPEL suggests some volalility. |
MPEL Chart- and CandleStick Pattern Analysis
MPEL Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.00 | 18.18 | 0.82 (4.32%) | 23.17% |
| An entry @19.00. This is a Buy Stop order right above the resistance zone. | An exit @18.18. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.82 points, which is 4.32%. | For a 1.00% total portfolio risk, you can invest 23.17% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MPEL Technicals: Chart, Performance Metrics, Trend & Indicators
18.97
+0.08 (+0.42%)
MELCO CROWN ENTMT LTD / MPEL TA FAQ
What is the ChartMill technical rating of MELCO CROWN ENTMT LTD (MPEL) stock?
ChartMill assigns a technical rating of 8 / 10 to MPEL.
What is the current trend direction of MELCO CROWN ENTMT LTD (MPEL) stock?
The current trend direction for MELCO CROWN ENTMT LTD (MPEL) is Bullish.
What is the RSI signal for MPEL stock?
MELCO CROWN ENTMT LTD (MPEL) has an RSI value of 65.8403. This indicates that the stock is currently neutral.
What is the MACD signal for MELCO CROWN ENTMT LTD (MPEL) stock?
The MACD indicator for MELCO CROWN ENTMT LTD (MPEL) has a value of 0.0291575, indicating a bearish trend.
What is the buy/sell signal for MPEL stock?
The buy/sell signal for MELCO CROWN ENTMT LTD (MPEL) is buy as both the short term and long term trends are positive.