Melco Resorts & Entertainment Limited is only slightly up on the day, shares traded 0.64% 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 shown a lot of strength recently, shareholders don't seem that energized about the asset's future prospects. MLCO might find some support at the 4.28 level, buyers might push the price back up from here. But it's not very clear what will happen.
The analysts feel fairly neutral on the prospects for Melco Resorts & Entertainment Limited but a little more positive than negative. The current Analysts Sentiment Score is 13.69. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. On 2024-01-02 Morgan Stanley reiterated their rating of Overweight and added a price target of $9.60. Susquehanna announced that they are initiating coverage with a rating of Positive on 2023-12-15 and they set their price target at $15.00.Macquarie announced that they are initiating coverage with a rating of Outperform on 2023-07-18 and they set their price target at $16.30.VNET Group reiterated a rating of Downgrade on 2023-06-28. Bank of America released a downgrade on 2023-06-27 from Buy to Neutral. Credit Suisse Group upgraded from Neutral to Outperform on 2023-06-20 and also increased their price target by 30% to $18.20.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| MLCO | 13.69 | 30.29 | -31.36 | 28.44 | 0 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| MLCO | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| MLCO | 2.21 | %1.7 | 2.9 | -6.798 | 7370000 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| MLCO |
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LVS | Las Vegas Sands Corp. | 1.77 | -0.63 | 0.20 | -11.90 | -6.89 | -3.50 | -26.29 | 52 | 3.40 | 3.47 | 5.07 | -6434.39 | -5355.14 | 0 | 0 | 2.36347 |
| WYNN | Wynn Resorts Ltd | 1.74 | -0.47 | 1.69 | -5.51 | 2.30 | 8.61 | -11.74 | 44 | 9.34 | 6.14 | 8.30 | -2082.70 | -3651.46 | 0 | 0 | 5.4452 |
| TCOM | Trip.com Group Limited Am | 1.18 | -0.36 | 5.04 | 14.88 | 37.91 | 45.98 | 44.39 | 56 | 71.35 | 25.20 | 35.35 | -611.50 | -26595.85 | 0 | 0 | 1.55813 |
| VIPS | Vipshop Holdings Limited | 1.11 | -0.44 | 3.83 | -4.89 | -0.94 | 11.00 | 6.57 | 44 | 24.21 | 15.07 | 20.87 | -2597.59 | -21143.65 | 0 | 0 | 2.55806 |
| BIDU | Baidu, Inc. | 1.04 | 0.72 | 5.10 | -5.11 | -5.14 | -7.48 | -14.67 | 64 | -38.09 | -40.06 | -26.87 | -28040.71 | -2303.24 | 0 | 0 | 1.63337 |
| BILI | Bilibili Inc. American De | 1.03 | -1.96 | 14.57 | 11.61 | 37.82 | -4.14 | -37.03 | 66 | -24.49 | -42.94 | -86.21 | -49561.34 | -3679.00 | 100 | 0 | 3.20065 |
| HTHT | H World Group Limited Ame | 0.98 | 1.48 | 7.73 | 2.69 | 25.09 | 8.76 | -13.93 | 82 | -0.16 | -0.92 | -8.31 | -7478.92 | -7901.30 | 0 | 0 | 5.35863 |
| FUTU | Futu Holdings Limited Ame | 0.98 | -1.53 | 15.03 | 16.34 | 34.85 | 12.38 | 46.31 | 57 | 6.91 | 7.94 | 3.88 | -700.79 | -20601.90 | 100 | 0 | 7.31849 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
