WYNN RESORTS LTD (WYNN) Technical Analysis
NASDAQ:WYNN • US9831341071
Current stock price
106.2 USD
+0.69 (+0.65%)
At close:
106.41 USD
+0.21 (+0.2%)
After Hours:
WYNN Technical Rating and Analysis
Taking everything into account, WYNN scores 2 out of 10 in our technical rating. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- WYNN is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 72% of 126 stocks in the same industry.
- WYNN is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- WYNN has an average volume of 1708200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, WYNN outperforms 68% of them, which is more or less in line with the market.
- 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 Weekly and Daily overview Charts
WYNN Setup Rating and Analysis
Although the technical rating is bad, WYNN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
WYNN Support and Resistance Analysis
95.62
130.82
2 important support areas can be observed.
- Support @99.19 from a trend line in the weekly time frame.
- A support zone ranging from 96.59 to 96.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 106.88 to 109.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @129.52 from a horizontal line in the daily time frame.
WYNN Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for WYNN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WYNN is neutral. |
| ChartMill Relative Strength | 68.27 | NEUTRAL | WYNN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of WYNN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WYNN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WYNN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.23 | NEUTRAL | The RSI value for WYNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests WYNN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 41.77 | NEUTRAL | The Stochastics value for WYNN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for WYNN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.26 | NEGATIVE | The low ADX value for WYNN suggests a weak or negative trend. |
WYNN Chart- and CandleStick Pattern Analysis
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)
WYNN Technicals: Chart, Performance Metrics, Trend & Indicators
106.2
+0.69 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg0.65%
1 Week-1.36%
2 Weeks0.58%
1 Month9.74%
3 Month-1.16%
6 Month-10.75%
12 Month28.74%
2 Year15.88%
3 Year-7.07%
5 Year-17.29%
10 Year20.27%
15 Year-27.83%
Volatility
ATR(14)2.76
ATR(20)%2.97%
ATR Inc-18.11%
Range Today2.99
ADR(20)2.79
ADR(20)%2.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.27
3 months CRS40.59
6 months CRS25.81
Mansfield-1.17
10 Day High111.97
10 Day Low103.11
20 Day High111.97
20 Day Low97.67
52 Week High134.72
52 Week Low81.66
CS1 End99.19
CR1 Start106.88
Volume & EV
DER(3)-0.9%
DER(5)-0.22%
Volume1.08M
Volume Incr-13.29%
Vol(5)1.23M
Vol(50)1.71M
WYNN RESORTS LTD / WYNN TA 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 RESORTS LTD (WYNN) stock?
WYNN RESORTS LTD (WYNN) has an RSI value of 53.2308. This indicates that the stock is currently neutral.
What is the short term momentum for WYNN stock?
The short term momentum for WYNN RESORTS LTD (WYNN) is neutral.