WYNN RESORTS LTD (WYNN) Technical Analysis
NASDAQ:WYNN • US9831341071
Current stock price
WYNN Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to WYNN. In the past year, WYNN was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- WYNN is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry. WYNN outperforms 72% of them.
- In the last month WYNN has a been trading in the 96.14 - 111.97 range, which is quite wide. It is currently trading near the high of this range.
- WYNN has an average volume of 1837510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, WYNN did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- 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
WYNN has an average technical rating and it also does not offer a high 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
WYNN Support and Resistance Analysis
95.62
3 important support areas can be observed.
- A support zone ranging from 104.88 to 107.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @98.15 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 109.20 to 109.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @111.93 from a horizontal line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The long term trend for WYNN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WYNN is up. |
| ChartMill Relative Strength | 71.54 | POSITIVE | WYNN has a high relative strength, it outperformed 71.54% off all stocks 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) | UP | MIXED | The current price of WYNN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.06 | NEUTRAL | The RSI value for WYNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.05 | POSITIVE | The MACD value suggests WYNN has a positive trend. |
| Stochastics (14,3) | 87.72 | OVERBOUGHT | The high Stochastics value suggests WYNN may be overbought. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for WYNN suggests some volalility. |
| Average Directional Index/ADX (14) | 18.59 | NEGATIVE | The low ADX value for WYNN suggests a weak or negative trend. |
WYNN Chart- and CandleStick Pattern Analysis
WYNN Technicals: Chart, Performance Metrics, Trend & Indicators
109.19
+2.37 (+2.22%)
WYNN RESORTS LTD / WYNN TA FAQ
Can you provide the ChartMill technical rating for WYNN RESORTS LTD?
ChartMill assigns a technical rating of 4 / 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 61.0621. 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 positive.