MLCO NEWS why is Melco Resorts & Entertainment Limited price falling or rising

MLCO NEWS reasons for why stock price of Melco Resorts & Entertainment Limited is falling or rising

MLCO Melco Resorts is falling or rising technical reasons

Technical analysis forecast of Melco Resorts Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Melco Resorts MLCO at this time. Stock is rising and might rise more.

It appears as if Melco Resorts MLCO gave a large move recently.

Stock of Melco Resorts (MLCO) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Melco Resorts is bullish for shortterm, and stock might move up till 8.1 or till 8.3. Use a stoploss of 7.92 and if this stock hits its stoploss, then it can fall down till 7.75

MLCO Melco Resorts is falling or rising NEWS fundamental reasons

More announcements and NEWS

MLCO Melco Resorts & Entertainment Limited current price & indicator signals

Moving Averages for Melco Resorts & Entertainment Limited

  • 5Day Average: 7.8
  • 12Day Average: 7.9
  • 20Day Average: 7.96
  • 50Day Average: 7.57
  • 100Day Average: 7.67
  • 150Day Average: 7.83
  • 200Day Average: 8.05

MLCO Indicators & signals

Indicator MACD (12,26,9)

7.9, 7.88, 0.06
Indicator MACD is in positive zone

Indicator ADX (14)

0, 23.33, 23.33
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MLCO Melco Resorts & Entertainment Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Fri Jun 2024 7.94 7.69 to 7.99 1.66% 0.74 times
20 Thu Jun 2024 7.81 7.64 to 7.87 1.3% 0.62 times
18 Tue Jun 2024 7.71 7.60 to 7.84 0% 0.49 times
18 Tue Jun 2024 7.71 7.60 to 7.84 -1.66% 0.49 times
17 Mon Jun 2024 7.84 7.57 to 7.88 0.77% 0.89 times
14 Fri Jun 2024 7.78 7.65 to 7.97 -3.35% 0.92 times
13 Thu Jun 2024 8.05 7.81 to 8.19 2.55% 1.79 times
12 Wed Jun 2024 7.85 7.77 to 7.98 -0.38% 1.59 times
11 Tue Jun 2024 7.88 7.82 to 8.08 -2.84% 1.8 times
10 Mon Jun 2024 8.11 7.94 to 8.12 0.75% 0.81 times
07 Fri Jun 2024 8.05 8.05 to 8.25 -0.86% 0.61 times
06 Thu Jun 2024 8.12 8.05 to 8.26 0.25% 0.69 times

Videos related to: MLCO NEWS why is Melco Resorts & Entertainment Limited price falling or rising

Videos related to: MLCO NEWS why is Melco Resorts & Entertainment Limited price falling or rising

Hindi Basics How To Trade In FnO Futures Options Stock Market

MLCO NEWS why is Melco Resorts & Entertainment Limited price falling or rising

 

Back to top