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Stock Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Melco Resorts & Entertainment Limited - American Depositary Shares (NASDAQ:MLCO)

Crossroads (+60) - MLCO is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MLCO?

MarketClub looks at technical strength and momentum to determine if the timing is right for MLCO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MLCO
Open High Low MLCO Price Change
5.91 6.06 5.54 5.64 +0.11
Entry Signal

MarketClub’s Trade Triangles for MLCO

long term down The long-term trend has been DOWN since Jun 8th, 2021 at 16.865

intermediate term up The intermediate-term trend has been UP since Aug 18th, 2022 at 5.940

short term up The short-term trend has been UP since Aug 15th, 2022 at 5.535

Smart Scan Analysis for MLCO

Based on our trend formula, MLCO is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for MLCO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.91 6.06 5.54 5.64 +0.11
Prev. Close Volume Bid Ask Time
5.53 4851834 2022-08-18 15:59:58
Year High32.95Year High Date2018-05-07
Year Low15.33Year Low Date2018-11-08
52wk High14.6552wk High Date2021-09-08
52wk Low4.0652wk Low Date2022-05-12
Average Volume2,489,030Market Cap5,187M
Assets910,644,300MLiabilities908,204,300M
P/E Ratio-15.87700000Volatility69.03
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