MLCO
Melco Resorts & Entertainment Limited Consumer Cyclical - Resorts & Casinos Investor Relations →
Melco Resorts & Entertainment Limited (MLCO) closed at $6.35 as of 2026-02-02, trading 21.3% below its 200-week moving average of $8.07. This places MLCO in the extreme value zone. The stock moved further from the line this week, up from -24.9% last week. The 14-week RSI sits at 33, indicating neutral momentum.
Over the past 950 weeks of data, MLCO has crossed below its 200-week moving average 12 times. On average, these episodes lasted 49 weeks. The average one-year return after crossing below was -7.0%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $2.5 billion, MLCO is a mid-cap stock. The stock trades at -1.9x book value.
The company has been aggressively buying back shares, reducing its share count by 11.5% over the past three years.
Over the past 18.3 years, a hypothetical investment of $100 in MLCO would have grown to $55, compared to $652 for the S&P 500. MLCO has returned -3.2% annualized vs 10.8% for the index, underperforming the broader market over this period.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: MLCO vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MLCO Crosses Below the Line?
Across 12 historical episodes, buying MLCO when it crossed below its 200-week moving average produced an average return of -8.4% after 12 months (median -12.0%), compared to +8.1% for the S&P 500 over the same periods. 40% of those episodes were profitable after one year. After 24 months, the average return was -4.2% vs +24.0% for the index.
Each line shows $100 invested at the moment MLCO crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MLCO has crossed below its 200-week MA 12 times with an average 1-year return of +-7.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 2007 | Feb 2011 | 170 | 78.7% | -78.1% | -45.0% |
| Mar 2011 | Mar 2011 | 1 | 5.4% | +100.6% | +16.5% |
| Mar 2015 | Mar 2015 | 3 | 1.2% | -24.0% | -63.5% |
| Apr 2015 | Apr 2017 | 105 | 47.4% | -26.4% | -64.5% |
| Jul 2017 | Aug 2017 | 3 | 1.3% | +21.4% | -66.5% |
| Oct 2018 | Dec 2018 | 12 | 18.5% | +11.0% | -64.7% |
| Sep 2019 | Oct 2019 | 2 | 1.8% | -12.9% | -66.3% |
| Jan 2020 | Feb 2020 | 1 | 0.1% | -20.0% | -68.2% |
| Feb 2020 | Feb 2021 | 52 | 45.4% | +26.1% | -63.0% |
| Mar 2021 | Jun 2025 | 225 | 71.0% | -67.7% | -69.5% |
| Oct 2025 | Oct 2025 | 2 | 4.2% | N/A | -19.3% |
| Dec 2025 | Ongoing | 9+ | 24.9% | Ongoing | -21.7% |
| Average | 49 | — | +-7.0% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02