Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Melco Resorts & Entertainment Limited - American Depositary Shares (NASDAQ:MLCO)
Sidelines Mode (-55) - MLCO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for MLCO
The long-term trend has been DOWN since Jun 8th, 2021 at 16.865
The intermediate-term trend has been UP since Oct 11th, 2021 at 10.860
The short-term trend has been DOWN since Oct 22nd, 2021 at 11.110
Smart Scan Analysis for MLCO
Based on our trend formula, MLCO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.330 | 11.470 | 11.050 | 11.165 | -0.235 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.170 | 2473755 | 2021-10-22 15:59:49 |
| Year High | 32.95 | Year High Date | 2018-05-07 |
| Year Low | 15.33 | Year Low Date | 2018-11-08 |
| 52wk High | 23.648 | 52wk High Date | 2021-03-03 |
| 52wk Low | 9.64 | 52wk Low Date | 2021-10-06 |
| Average Volume | 3,828,381 | Market Cap | 5,187M |
| Assets | 884,681,300M | Liabilities | 798,285,200M |
| P/E Ratio | -15.877 | Volatility | 69.03 |