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Is MLCO showing upside potential? Crossed Above 20 Day Moving Average shows up after advancing 1.82%

Melco Resorts & Entertainment Limited (MLCO) Technical Analysis, Stock Scans & Trading Signals · Aug 14, 2026, 20:20 ET
On Friday, August 14th, MLCO moved up 1.82% while volume shrunk to 0.5× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 5.51, 5.43 & 5.35, with resistance at 5.67, 5.75 & 5.83.

Current SwingTradeBot Technical Rating of MLCO: F

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Melco Resorts & Entertainment Limited (MLCO)