MELCO RESORTS & ENTERT-ADR (MLCO) Stock Technical Analysis
NASDAQ:MLCO - Nasdaq - US5854641009 - ADR - Currency: USD
Taking everything into account, MLCO scores 0 out of 10 in our technical rating. MLCO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
74% of all other stocks performed better in the past year than MLCO.
MLCO is currently trading near the lower end of its 52 week range, which is not a good sign. MLCO is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month MLCO has a been trading in the 4.55 - 5.60 range, which is quite wide. It is currently trading near the lows of this range.
MLCO has an average volume of 4639560 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 45% of 136 stocks in the same industry.
Although the technical rating is bad, MLCO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
4.77
5.69
5 important resistance areas can be observed.
- A resistance zone ranging from 4.95 to 5.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.15 from a trend line in the daily time frame.
- A resistance zone ranging from 5.27 to 5.30. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 5.43 to 5.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.63 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.63
Mansfield-1.84
10 Day High5.22
10 Day Low4.55
20 Day High5.6
20 Day Low4.55
52 Week High8.9
52 Week Low4.55
Performance
1 Week-2.03%
2 Weeks4.1%
1 Month-13.46%
3 Month-13.93%
6 Month-28.38%
12 Month-23.97%
2 Year-64.66%
3 Year-15.73%
5 Year-69.53%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)40.65
LBB4.47
UBB5.31
4.82
-0.01 (-0.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.21%
1 Week-2.03%
2 Weeks4.1%
1 Month-13.46%
3 Month-13.93%
6 Month-28.38%
12 Month-23.97%
2 Year-64.66%
3 Year-15.73%
5 Year-69.53%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%5.84%
ATR Inc-57.97%
Range Today0.13
ADR(20)0.27
ADR(20)%5.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.63
Mansfield-1.84
10 Day High5.22
10 Day Low4.55
20 Day High5.6
20 Day Low4.55
52 Week High8.9
52 Week Low4.55
CS1 EndN/A
CR1 Start4.95
Volume & EV
DER(3)1.79%
DER(5)0.01%
Volume7.16M
Volume Incr22.08%
Vol(5)5.94M
Vol(50)4.64M