Melco Resorts & Entertainment (MLCO, $5.58) Moving Average Convergence Divergence (MACD) Histogram turned negative on February 27, 2025

#CasinosGaming, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #MidCap
MLCO - Melco Resorts & Entertainment Limited
MACD signal
Bearish Trend
85%
Odds of DOWN Trend
Price: $5.58
Daily change: -$0.15 (-2.62%)
Daily volume: 4.5M
Capitalization: $2.3B
Industry: Casinos/Gaming

This is a Bearish indicator signaling MLCO's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 48 similar cases where MLCO's MACD histogram became negative, and 41 of them led to successful outcomes. Odds of Success: 85%.