Latest Melco Resorts (MLCO) Technical Analysis Reports

Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Jul 08, 2020

MLCO breaks below Tuesday's low

Jul 08, 2020
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Jul 07, 2020
Jul 07, 2020
MLCO ended Tuesday at 15.82 tanking $1.00 (-5.95%), strongly underperforming the S&P 500 (-1.08%). This is the biggest single-day loss in over a month. The last time we've seen such an unusually strong single-day loss on May 21st, MLCO lost -4.98% on the following trading day. Trading $0.31 higher after the open, the share was ... Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Jul 06, 2020
Jul 06, 2020
Moving higher for the 5th day in a row, MLCO ended Monday at 16.82 gaining $0.24 (1.45%), slightly underperforming the S&P 500 (1.59%). Trading $0.43 higher after the open, the market was unable to hold its gains as the bears took control ending the day below its opening price. Closing within the previous day's range, ... Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Jul 02, 2020
Jul 02, 2020
Moving higher for the 4th day in a row, MLCO finished Thursday at 16.58 surging $0.99 (6.35%) on high volume, significantly outperforming the S&P 500 (0.45%) ahead of tomorrow's Independence Day OBS market holiday. This is the biggest single-day gain in over four weeks. Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Jul 01, 2020
Jul 01, 2020
Moving higher for the 3rd day in a row, MLCO ended Wednesday at 15.59 gaining $0.07 (0.45%), slightly underperforming the S&P 500 (0.5%). Trading up to $0.19 lower after the open, the market managed to reverse during the session as bulls took control ending the day above its opening price. Ending the day with an ... Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Jun 30, 2020
Jun 30, 2020
Moving higher for the 2nd day in a row, MLCO ended the month -3.18% lower at 15.52 after gaining $0.11 (0.71%) today, underperforming the S&P 500 (1.54%). Trading up to $0.35 lower after the open, the stock managed to reverse during the session as bulls took control ending the day above its opening price. Closing ... Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Jun 29, 2020
Jun 29, 2020
MLCO finished Monday at 15.41 gaining $0.26 (1.72%), slightly outperforming the S&P 500 (1.47%). Trading up to $0.25 lower after the open, the share managed to reverse during the session as bulls took control ending the day above its opening price. The last time this happened on June 2nd, MLCO gained 8.56% on the following ... Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Jun 26, 2020
Jun 26, 2020
Moving lower for the 3rd day in a row, MLCO ended the week -7.85% lower at 15.15 after losing $0.28 (-1.81%) today on low volume, but still outperforming the S&P 500 (-2.42%). Today's close at 15.15 marks the lowest recorded closing price since May 22nd. The bears were in full control today, moving the market ... Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Jun 25, 2020
Jun 25, 2020
Moving lower for the 2nd day in a row, MLCO finished Thursday at 15.43 losing $0.41 (-2.59%), notably underperforming the S&P 500 (1.1%). Today's close at 15.43 marks the lowest recorded closing price since May 22nd. Ending the day with an indecisive close, neither buyers nor sellers were able to gain control during the session. Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Jun 24, 2020
Jun 24, 2020
MLCO finished Wednesday at 15.84 tanking $0.83 (-4.98%), notably underperforming the S&P 500 (-2.59%). Today's close at 15.84 marks the lowest recorded closing price since May 26th. Read more
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