Melco Resorts & Entertainment (MLCO, $5.94) Moving Average Convergence Divergence (MACD) Histogram turned positive on March 5, 2025

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MLCO - Melco Resorts & Entertainment Limited
MACD signal
Bullish Trend
77%
Odds of UP Trend
Price: $5.94
Daily change: +$0.29 (+5.13%)
Daily volume: 2.2M
Capitalization: $2.5B
Industry: Casinos/Gaming

This is a Bullish indicator signaling MLCO's price could rise from here. Traders may explore going long the stock or buying call options. A.I. dvisor identified 47 similar cases where MLCO's MACD histogram became positive, and 36 of them led to successful outcomes. Odds of Success: 77%.