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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.

NASDAQ_MLCO
Open High Low MLCO Price Change
5.97 6.01 5.91 5.99 +0.01
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 Dec 23rd, 2024 at 6.075

short term down 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).

-60
Smart Scan Analysis for MLCO
Strong Downtrend Sideways 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 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 Volume3,516,515Market Cap5,187M
Assets799,482,800MLiabilities929,023,700M
P/E Ratio-15.87700000Volatility69.03
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