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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
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.
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MarketClub’s Trade Triangles for MLCO
The long-term trend has been UP since Oct 1st, 2024 at 8.010
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 6.075
The short-term trend has been DOWN since Dec 13th, 2024 at 6.720
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5.97 | 6.01 | 5.91 | 5.99 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5.98 | 1148261 | 2024-12-26 13:13:45 |
| Year High | 32.95 | Year High Date | 2018-05-07 |
| Year Low | 15.33 | Year Low Date | 2018-11-08 |
| 52wk High | 9.56 | 52wk High Date | 2024-01-02 |
| 52wk Low | 4.78 | 52wk Low Date | 2024-08-05 |
| Average Volume | 3,516,515 | Market Cap | 5,187M |
| Assets | 799,482,800M | Liabilities | 929,023,700M |
| P/E Ratio | -15.87700000 | Volatility | 69.03 |