MLCO
Melco Resorts & Entertainment Limited Consumer Cyclical - Resorts & Casinos Investor Relations →
Melco Resorts & Entertainment Limited (MLCO) closed at $5.53 as of 2026-06-19, trading 31.5% 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 -31.9% last week. The 14-week RSI sits at 49, indicating neutral momentum.
Trading volume is running at 1.0x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.79 ratio) is neutral — neither side is clearly dominating.
Over the past 969 weeks of data, MLCO has crossed below its 200-week moving average 12 times. On average, these episodes lasted 50 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 $2.1 billion, MLCO is a mid-cap stock. The stock trades at -1.8x book value.
The company has been aggressively buying back shares, reducing its share count by 14.5% over the past three years.
Over the past 18.7 years, a hypothetical investment of $100 in MLCO would have grown to $48, compared to $709 for the S&P 500. MLCO has returned -3.9% annualized vs 11.1% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
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.
Dislocation Scores Experimental
Each score measures deviation from MLCO's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
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% | -52.1% |
| Mar 2011 | Mar 2011 | 1 | 5.4% | +100.6% | +1.4% |
| Mar 2015 | Mar 2015 | 3 | 1.2% | -24.0% | -68.2% |
| Apr 2015 | Apr 2017 | 105 | 47.4% | -26.4% | -69.1% |
| Jul 2017 | Aug 2017 | 3 | 1.3% | +21.4% | -70.8% |
| Oct 2018 | Dec 2018 | 12 | 18.5% | +11.0% | -69.2% |
| Sep 2019 | Oct 2019 | 2 | 1.8% | -12.9% | -70.6% |
| Jan 2020 | Feb 2020 | 1 | 0.1% | -20.0% | -72.3% |
| Feb 2020 | Feb 2021 | 52 | 45.4% | +26.1% | -67.8% |
| Mar 2021 | Jun 2025 | 225 | 71.0% | -67.7% | -73.5% |
| Oct 2025 | Oct 2025 | 2 | 4.2% | N/A | -29.7% |
| Dec 2025 | Ongoing | 28+ | 33.4% | Ongoing | -31.8% |
| Average | 50 | — | +-7.0% | — |
Frequently Asked Questions
Is MLCO below its 200-week moving average?
Yes. As of 2026-06-19, Melco Resorts & Entertainment Limited (MLCO) is trading 31.5% below its 200-week moving average of $8.07. The current price is $5.53.
What is MLCO's 200-week moving average price?
Melco Resorts & Entertainment Limited's 200-week moving average is $8.07 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when MLCO drops below its 200-week moving average?
MLCO has crossed below its 200-week moving average 12 times in our data. The average one-year return after these crossings was -7.0%, meaning the dips were not reliable buying signals for this particular stock. These episodes lasted 50 weeks on average.
Is MLCO a good value right now?
Here's what our data says about MLCO as of 2026-06-19: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 49. Price-to-book is -1.8x. This is not a buy or sell recommendation — always do your own research.
How does MLCO compare to the S&P 500?
Over the past 18.7 years, $100 invested in MLCO would have grown to $48, compared to $709 for the S&P 500. That's -3.9% annualized vs 11.1% for the index. MLCO has underperformed the broader market over this period.
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 week of 2026-06-19