Technical Analysis for MLCO - Melco Resorts & Entertainment Limited

Grade Last Price % Change Price Change
F 10.29 0.88% 0.09
MLCO closed up 0.88 percent on Friday, September 17, 2021, on 1.33 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical MLCO trend table...

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
Multiple of Ten Bullish Other 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 0.88%
Jack-in-the-Box Bearish Bearish Swing Setup 0.88%
Calm After Storm Range Contraction 0.88%
Lower Bollinger Band Walk Weakness 0.88%
Multiple of Ten Bullish Other 0.88%
Older End-of-Day Signals for MLCO ...

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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 Cotai 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 23.648
52 Week Low 9.775
Average Volume 4,691,116
200-Day Moving Average 17.22
50-Day Moving Average 13.37
20-Day Moving Average 12.65
10-Day Moving Average 12.53
Average True Range 0.73
ADX 29.93
+DI 16.46
-DI 41.00
Chandelier Exit (Long, 3 ATRs) 12.46
Chandelier Exit (Short, 3 ATRs) 11.96
Upper Bollinger Bands 15.40
Lower Bollinger Band 9.91
Percent B (%b) 0.07
BandWidth 43.33
MACD Line -0.62
MACD Signal Line -0.28
MACD Histogram -0.3362
Fundamentals Value
Market Cap 4.91 Billion
Num Shares 477 Million
EPS 0.95
Price-to-Earnings (P/E) Ratio 10.81
Price-to-Sales 3.33
Price-to-Book 6.87
PEG Ratio 6.41
Dividend 0.66
Dividend Yield 6.41%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.93
Resistance 3 (R3) 10.89 10.63 10.82
Resistance 2 (R2) 10.63 10.47 10.65 10.79
Resistance 1 (R1) 10.46 10.37 10.55 10.50 10.75
Pivot Point 10.21 10.21 10.25 10.23 10.21
Support 1 (S1) 10.04 10.05 10.12 10.08 9.83
Support 2 (S2) 9.78 9.95 9.80 9.79
Support 3 (S3) 9.61 9.78 9.76
Support 4 (S4) 9.65