Melco Resorts & Entertainment Limited American Depositary Shares | MLCO

AI Analysis of Melco Resorts & Entertainment Limited American Depositary Shares

Melco Resorts & Entertainment Limited is only slightly up on the day, shares traded 0.37% higher on the day.

It looks like Melco Resorts & Entertainment Limited isn't currently at a very decisive point in regards to support/resistance levels. Melco Resorts & Entertainment Limited hasn't been looking too hot recently, some shareholders have been dumping shares over the last few months which has been driving prices down. In the past 3 months, the asset has lost -1.44 of it's value. So it's not looking great, I'd probably wait for a clearer support level before coming in. MLCO might find some support at the 4.61 level, buyers might push the price back up from here. But it's not very clear what will happen.

Last analyzed on 2026-07-23

Companies with the highest correlation to Melco Resorts & Entertainment Limited

Company	Score	1 Day%	5 Day	1 Month	3 Month	6 Month	1 Year	RSI	3mo S-momo ? Smooth Momentum is our proprietary technical indicator that looks for momentum with the greatest consistency and steady velocity. We have penalized dramatic swings and fluctuations. If the momentum is too high and an asset spikes upward, this is often unreliable and collapses back down. But the smoothed momentum provides the highest probability of continuing into the near future with the same directional rate of change. Several complex factors are weighted by neural nets to maximize probabilistic accuracy. It works the same with positive or negative directions.	6mo S-momo	1yr S-momo	Resistance ? Support and Resistance levels are determined by previous high and low points. You may be familiar with traders drawing lines across charts where several peaks or valleys occur in the same range. This helps us understand the trading range of an asset where the market doesn't perceive it to be worth more or less than a certain price level. When it nears the boundaries of this range the probability of reversal can increase. Our neural nets create scores for this measure based on many factors such as the frequency, recency, size, consistency, etc of previous reversal points.	Support	Demark Sell ? Demark 9 indicators are designed to look for exhaustion in the selling or buying trend which can often be predictive of a reversal point. This indicator is triggered when there are 9 consecutive days where the closing price is higher/lower than the closing price 4 days ago. Like all indicators, it is best used in combinations with other factors.	Short Interest Score
LVS \| Las Vegas Sands Corp.	1.77	0.64	3.96	-2.03	-6.53	-14.13	-14.13	45	-142.09	-40.74	-20.94	-19777.47	-3607.03	0	2.36347
WYNN \| Wynn Resorts Ltd	1.74	-0.67	-2.52	-0.28	-2.45	-9.78	-13.62	30	-36.12	-48.09	-30.29	-14508.29	178.68	0	5.4452
TCOM \| Trip.com Group Limited Am	1.18	-0.09	3.21	1.48	-3.06	-14.49	-29.17	54	-108.15	-112.61	-71.02	-53782.56	-2474.31	125	1.55813
VIPS \| Vipshop Holdings Limited	1.11	-1.12	-0.35	-4.65	-0.42	-18.71	-17.96	83	-8.97	-43.18	-35.98	-12819.36	-2798.82	150	2.55806
BIDU \| Baidu, Inc.	1.04	1.36	2.82	-10.95	-30.95	-30.08	3.80	34	-16.36	-15.40	-15.54	-8535.83	-582.49	0	1.63337
BILI \| Bilibili Inc. American De	1.03	0.42	-2.47	-8.25	-4.33	-44.17	-30.90	48	-76.64	-36.79	-59.00	-24519.41	-2022.61	0	3.20065
HTHT \| H World Group Limited Ame	0.98	1.71	7.73	15.45	10.20	-9.31	36.51	34	-33.92	-11.35	-12.22	-9439.02	-12019.37	0	5.35863
FUTU \| Futu Holdings Limited Ame	0.98	8.48	15.70	23.36	20.72	-12.74	-34.10	67	-30.57	-66.16	-71.52	-16481.94	-4980.05	0	7.31849

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