MLCO
Melco Resorts & Entertainment·NASDAQ
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2.14 / 10
Underperform
Technical evaluation is underwhelming (2.14/10). Dominant bearish signals include Bearish Engulfing and Marubozu White patterns, while MACD Golden Cross shows no clear advantage. The lack of bullish indicators suggests caution and potential downside risk in the near term.
Analysis Checks(0/4)
Bearish Engulfing
Score1/10
Win Rate25.00%
Hist. Signals8
Avg Return-2.34%
Score1/10
Win Rate25.00%
Hist. Signals8
Avg Return-2.34%
Inverted Hammer
Score2.87/10
Win Rate50.00%
Hist. Signals4
Avg Return-2.39%
Score2.87/10
Win Rate50.00%
Hist. Signals4
Avg Return-2.39%
MACD Golden Cross
Score3.69/10
Win Rate50.00%
Hist. Signals8
Avg Return-0.08%
Score3.69/10
Win Rate50.00%
Hist. Signals8
Avg Return-0.08%
Marubozu White
Score1/10
Win Rate35.00%
Hist. Signals20
Avg Return-0.90%
Score1/10
Win Rate35.00%
Hist. Signals20
Avg Return-0.90%
Bearish Engulfing
Score1/10
Win Rate25.00%
Hist. Signals8
Avg Return-2.34%
Score1/10
Win Rate25.00%
Hist. Signals8
Avg Return-2.34%
MACD Golden Cross
Score3.69/10
Win Rate50.00%
Hist. Signals8
Avg Return-0.08%
Score3.69/10
Win Rate50.00%
Hist. Signals8
Avg Return-0.08%
Inverted Hammer
Score2.87/10
Win Rate50.00%
Hist. Signals4
Avg Return-2.39%
Score2.87/10
Win Rate50.00%
Hist. Signals4
Avg Return-2.39%
Marubozu White
Score1/10
Win Rate35.00%
Hist. Signals20
Avg Return-0.90%
Score1/10
Win Rate35.00%
Hist. Signals20
Avg Return-0.90%
Technical Analysis of MLCO?
- MLCO presents a Underperform setup with a Technical Score of 2.14/10. Key technical indicators highlight an RSI of 42.66 and a MACD of 0.13, with the trend anchored by the 50-Day SMA at 7.43. Traders should monitor key support at 5.99 and resistance at 6.15.
