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Stock Trend Analysis Report

Prepared for you on Sunday, June 20, 2021.

Melco Resorts & Entertainment Ltd ADS (NASDAQ:MLCO)

Weak Downtrend (-65) - MLCO is showing signs of a strengthening downtrend. Monitor MLCO as it may be building momentum to the downside.

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
17.03 17.40 16.83 17.33 +0.16
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 down The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 20.685

short term down The short-term trend has been DOWN since Jun 14th, 2021 at 16.980

Smart Scan Analysis for MLCO

Based on our trend formula, MLCO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MLCO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.03 17.40 16.83 17.33 +0.16
Prev. Close Volume Bid Ask Time
17.32 4017088 2021-06-18 15:59:59
Year High32.95Year High Date2018-05-07
Year Low15.33Year Low Date2018-11-08
52wk High23.64852wk High Date2021-03-03
52wk Low14.552wk Low Date2020-10-19
Average Volume2,630,831Market Cap5,187M
Assets884,681,300MLiabilities798,285,200M
P/E Ratio-15.877Volatility69.03
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