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Stock Trend Analysis Report

Prepared for you on Thursday, December 5, 2024.

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

Weak Uptrend (+65) - MLCO is showing signs of weakening momentum to the upside. Monitor MLCO as it may be in the beginning stages of a reversal.

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
6.550 6.700 6.520 6.535 +0.035
Entry Signal

MarketClub’s Trade Triangles for MLCO

long term up The long-term trend has been UP since Oct 1st, 2024 at 8.010

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2024 at 7.050

short term up The short-term trend has been UP since Nov 25th, 2024 at 6.165

Smart Scan Analysis for MLCO

Based on our trend formula, MLCO is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MLCO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.550 6.700 6.520 6.535 +0.035
Prev. Close Volume Bid Ask Time
6.500 3221971 2024-12-05 15:59:30
Year High32.95Year High Date2018-05-07
Year Low15.33Year Low Date2018-11-08
52wk High9.5652wk High Date2024-01-02
52wk Low4.7852wk Low Date2024-08-05
Average Volume3,795,146Market Cap5,187M
Assets799,482,800MLiabilities929,023,700M
P/E Ratio-15.87700000Volatility69.03
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