Technical Analysis for MLCO - Melco Resorts & Entertainment Limited

Grade Last Price % Change Price Change
F 6.27 1.13% 0.07
MLCO closed up 1.13 percent on Wednesday, April 24, 2024, on 1.3 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 8
*** please verify all earnings dates ***
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Up 3 Days in a Row Strength 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish 1.13%
Lower Bollinger Band Walk Weakness 1.13%
Oversold Stochastic Weakness 1.13%
Lower Bollinger Band Walk Weakness 1.62%
Lower Bollinger Band Touch Weakness 1.62%
Oversold Stochastic Weakness 1.62%
New 52 Week Closing Low Bearish 1.95%
Lower Bollinger Band Walk Weakness 1.95%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 17 hours ago
Possible NR7 about 19 hours ago
60 Minute Opening Range Breakdown about 21 hours ago
Down 1% about 22 hours ago
Fell Below Previous Day's Low about 23 hours ago

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Profile

Melco Crown Entertainment Limited is an owner and developer of casino gaming and entertainment resort facilities primarily in Macau. It owns and operates City of Dreams, Altira Macau and Mocha Clubs. The Company's Development Project includes Macau Studio City Project. Melco Crown Entertainment Limited, formerly known as Melco PBL Entertainment (Macau) Limited, is headquartered in Macau.
Classification

Sector: Consumer Cyclical
Industry: Resorts & Casinos
Keywords: Macau Casinos In Macau Melco Pbl Holdings Studio City

Is MLCO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 14.0
52 Week Low 6.102
Average Volume 3,175,558
200-Day Moving Average 8.98
50-Day Moving Average 7.41
20-Day Moving Average 6.91
10-Day Moving Average 6.55
Average True Range 0.27
RSI (14) 31.97
ADX 24.91
+DI 13.44
-DI 32.24
Chandelier Exit (Long, 3 ATRs) 6.88
Chandelier Exit (Short, 3 ATRs) 6.90
Upper Bollinger Bands 7.85
Lower Bollinger Band 5.97
Percent B (%b) 0.16
BandWidth 27.11
MACD Line -0.33
MACD Signal Line -0.26
MACD Histogram -0.0696
Fundamentals Value
Market Cap 2.74 Billion
Num Shares 437 Million
EPS -0.84
Price-to-Earnings (P/E) Ratio -7.46
Price-to-Sales 1.32
Price-to-Book 105.52
PEG Ratio 7.52
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.56
Resistance 3 (R3) 6.54 6.42 6.51
Resistance 2 (R2) 6.42 6.35 6.43 6.50
Resistance 1 (R1) 6.35 6.30 6.39 6.37 6.48
Pivot Point 6.23 6.23 6.25 6.24 6.23
Support 1 (S1) 6.15 6.15 6.19 6.17 6.06
Support 2 (S2) 6.03 6.11 6.04 6.04
Support 3 (S3) 5.96 6.03 6.03
Support 4 (S4) 5.98