WYNN RESORTS LTD (WYNN) Stock Technical Analysis
NASDAQ:WYNN - Nasdaq - US9831341071 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to WYNN. In the last year, WYNN was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, WYNN is a bad performer in the overall market: 63% of all stocks are doing better.
In the last month WYNN has a been trading in the 82.63 - 98.71 range, which is quite wide. It is currently trading near the lows of this range.
WYNN has an average volume of 2793660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
WYNN is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 46% of 133 stocks in the same industry.
WYNN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so WYNN is lagging the market.
WYNN has a poor technical rating and the quality of the setup is also not perfect 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
82.41
106.66
2 important support areas can be observed.
- A support zone ranging from 85.38 to 86.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 83.24 to 83.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 95.67 to 97.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @105.60 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The short term trend for WYNN is neutral. |
| ChartMill Relative Strength | 37.08 | 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) | UP | POSITIVE | The current price of WYNN is above the rising 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) | 48.86 | NEUTRAL | The RSI value for WYNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests WYNN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.1 | NEUTRAL | The Stochastics value for WYNN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for WYNN suggests some volalility. |
| Average Directional Index/ADX (14) | 19.41 | NEGATIVE | The low ADX value for WYNN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
87.07
-0.45 (-0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.51%
1 Week4.6%
2 Weeks-4.03%
1 Month-10.69%
3 Month1.03%
6 Month-7.89%
12 Month-1.95%
2 Year-17.56%
3 Year52.81%
5 Year16.89%
10 Year-11.76%
15 Year14.16%
Volatility
ATR(14)2.38
ATR(20)%2.72%
ATR Inc-24.9%
Range Today1.86
ADR(20)2.22
ADR(20)%2.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.08
Mansfield-0.43
10 Day High91.74
10 Day Low82.63
20 Day High98.71
20 Day Low82.63
52 Week High107.81
52 Week Low65.25
CS1 End86.47
CR1 Start95.67
Volume & EV
DER(3)2.47%
DER(5)2.07%
Volume1.36M
Volume Incr-25.08%
Vol(5)2.05M
Vol(50)2.79M