Latest Melco Resorts (MLCO) Technical Analysis Reports

Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Sep 22, 2020

MLCO pushes through key technical resistance level

Sep 22, 2020
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Sep 21, 2020
Sep 21, 2020
MLCO finished Monday at 16.33 tanking $1.77 (-9.78%) on high volume, notably underperforming the S&P 500 (-1.16%). This is the biggest single-day loss in over six months. The last time we've seen such an unusually strong single-day loss on September 16th, MLCO lost -3.00% on the following trading day. Today's close at 16.33 marks the ... Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Sep 18, 2020
Sep 18, 2020
MLCO finished the week -3.21% lower at 18.10 after edging higher $0.01 (0.06%) today on low volume, significantly outperforming the S&P 500 (-1.12%). Trading up to $0.20 lower after the open, the stock managed to reverse during the session as bulls took control ending the day above its opening price. Closing within the prior day's ... Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Sep 17, 2020
Sep 17, 2020
Moving lower for the 2nd day in a row, MLCO ended Thursday at 18.09 losing $0.56 (-3.0%), significantly underperforming the S&P 500 (-0.84%). Today's close at 18.09 marks the lowest recorded closing price since August 7th. Trading $0.22 higher after the open, Melco Resorts was unable to hold its gains as the bears took control ... Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Sep 16, 2020
Sep 16, 2020
MLCO ended Wednesday at 18.65 tanking $1.01 (-5.14%) on high volume, notably underperforming the S&P 500 (-0.46%). This is the biggest single-day loss in over two months. The bears were in full control today, moving the market lower throughout the whole session. Closing below Tuesday's low at 19.39, the market confirmed its breakout through the ... Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Sep 15, 2020
Sep 15, 2020
Moving higher for the 2nd day in a row, MLCO ended Tuesday at 19.66 gaining $0.26 (1.34%), outperforming the S&P 500 (0.52%). Trading $0.23 higher after the open, the share was unable to hold its gains as the bears took control ending the day below its opening price. Ending the day with an indecisive close, ... Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Sep 14, 2020
Sep 14, 2020
MLCO finished Monday at 19.40 surging $0.70 (3.74%), notably outperforming the S&P 500 (1.27%). Trading up to $0.26 lower after the open, Melco Resorts managed to reverse during the session as bulls took control ending the day above its opening price. Closing above Friday's high at 19.11, the share confirmed its breakout through the previous ... Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Sep 11, 2020
Sep 11, 2020
MLCO finished the week -1.79% lower at 18.70 after edging lower $0.04 (-0.21%) today on high volume, slightly underperforming the S&P 500 (0.05%). Closing within the previous day's range, prices failed to decisively move beyond the prior day's trading range. Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Sep 10, 2020
Sep 10, 2020
MLCO finished Thursday at 18.74 gaining $0.36 (1.96%), strongly outperforming the S&P 500 (-1.76%). Closing above Wednesday's high at 18.58, the market confirmed its breakout through the prior session high after trading up to $0.97 above it intraday. Read more
Daily technical analysis candlestick chart for Melco Resorts & Entertainment Limited (MLCO) as at Sep 09, 2020
Sep 09, 2020
Moving lower for the 4th day in a row, MLCO finished Wednesday at 18.38 edging lower $0.08 (-0.43%), significantly underperforming the S&P 500 (2.01%). Today's close at 18.38 marks the lowest recorded closing price since August 7th. Trading up to $0.29 lower after the open, Melco Resorts managed to reverse during the session as bulls ... Read more
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