Overall WYNN gets a technical rating of 1 out of 10. WYNN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of WYNN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
106.38
When analyzing the resistance we notice 5 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for WYNN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for WYNN is down. |
| ChartMill Relative Strength | 61.3 | NEUTRAL | WYNN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of WYNN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of WYNN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of WYNN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 28.65 | OVERSOLD | The low RSI value suggests WYNN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests WYNN has a negative trend. |
| Stochastics (14,3) | 15.16 | OVERSOLD | The low Stochastics value suggests WYNN may be oversold. |
| Average True Range in percent/ATR (20) | 2.99 | MEDIUM VOLATILITY | The ATR as a percentage value for WYNN suggests some volalility. |
| Average Directional Index/ADX (14) | 23.79 | NEUTRAL | The ADX value for WYNN suggests a possible start of a new trend. |
107.45
-1.46 (-1.34%)
ChartMill assigns a technical rating of 1 / 10 to WYNN.
The current trend direction for WYNN RESORTS LTD (WYNN) is Bearish.
WYNN RESORTS LTD (WYNN) has an RSI value of 28.6518. This indicates that the stock is currently oversold.
WYNN RESORTS LTD (WYNN) has a resistance level at 107.46. Check the full technical report for our detailed analysis of WYNN support and resistance levels.