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.
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 DOWN since Mar 23rd, 2021 at 20.685
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).
|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||14.5||52wk Low Date||2020-10-19|
|Average Volume||2,630,831||Market Cap||5,187M|