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Is MLCO preparing to trend lower? Fell Below 20 Day Moving Average shows up after dropping 0.82%

Melco Resorts & Entertainment Limited (MLCO) — Daily Technical Analysis & Swing Trading Signals · Sep 16, 2025, 17:34 ET
MLCO finished lower by 0.82% on Tuesday, September 16th, trading 0.8 times its typical volume. Fell Below 20 DMA was spotted, which could indicate a shift in momentum. Key support levels exist at 9.54, 9.43 & 9.32, with resistance at 9.75, 9.86 & 9.97.

Current SwingTradeBot Technical Rating of MLCO: C

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Melco Resorts & Entertainment Limited (MLCO)