Melco Resorts & Entertainment (MLCO, $5.09) RSI Indicator left the oversold zone on April 09, 2025

#CasinosGaming, #TechnicalAnalysis, #RSI, #Bullish, #Stocks, #MidCap
MLCO - Melco Resorts & Entertainment Limited
RSI signal
Bullish Trend
66%
Odds of UP Trend
Price: $5.09
Daily change: +$0.48 (+10.41%)
Daily volume: 7.1M
Capitalization: $2.2B
Industry: Casinos/Gaming

This is a signal that MLCO's price could be shifting from a downtrend to an uptrend. Traders may consider buying the stock or exploring call options. A.I.dvisor looked back and found 47 similar cases where MLCO's RSI Indicator left the oversold zone, and in 31 of them led to a successful outcome. Odds of Success: 66%.