We assign a technical rating of 2 out of 10 to WYNN. Although WYNN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of WYNN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
115.21
We found 1 important support area.
- A support zone ranging from 116.37 to 117.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 122.20 to 123.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 129.52 to 129.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 133.34 to 133.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | 80.78 | POSITIVE | WYNN has a high relative strength, it outperformed 80.78% off all stocks 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 | POSITIVE | The current price of WYNN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.49 | NEUTRAL | The RSI value for WYNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.76 | NEGATIVE | The MACD value suggests WYNN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.38 | OVERSOLD | The low Stochastics value suggests WYNN may be oversold. |
| Average True Range in percent/ATR (20) | 2.57 | MEDIUM VOLATILITY | The ATR as a percentage value for WYNN suggests some volalility. |
| Average Directional Index/ADX (14) | 12.77 | NEGATIVE | The low ADX value for WYNN suggests a weak or negative trend. |
117.83
-0.44 (-0.37%)
WYNN RESORTS LTD / WYNN FAQ
Can you provide the ChartMill technical rating for WYNN RESORTS LTD?
ChartMill assigns a technical rating of 2 / 10 to WYNN.
What is the trend direction for WYNN stock?
The current trend direction for WYNN RESORTS LTD (WYNN) is Bearish.
What is the RSI signal for WYNN stock?
WYNN RESORTS LTD (WYNN) has an RSI value of 39.4944. This indicates that the stock is currently neutral.
What are the support and resistance levels for WYNN RESORTS LTD (WYNN) stock?
WYNN RESORTS LTD (WYNN) has a support level at 117.82 and a resistance level at 122.2. Check the full technical report for our detailed analysis of WYNN support and resistance levels.