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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.

NASDAQ_MLCO
Open High Low MLCO Price Change
11.330 11.470 11.050 11.165 -0.235
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 Oct 11th, 2021 at 10.860

short term down 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).

-55
Smart Scan Analysis for MLCO
Strong Downtrend Sideways 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 High32.95Year High Date2018-05-07
Year Low15.33Year Low Date2018-11-08
52wk High23.64852wk High Date2021-03-03
52wk Low9.6452wk Low Date2021-10-06
Average Volume3,828,381Market Cap5,187M
Assets884,681,300MLiabilities798,285,200M
P/E Ratio-15.877Volatility69.03
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