WYNN RESORTS LTD (WYNN) Stock Technical Analysis
NASDAQ:WYNN - US9831341071 - Common Stock
120.9 USD
-1.99 (-1.62%)
120.56 USD
-0.34 (-0.28%)
We assign a technical rating of 10 out of 10 to WYNN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, WYNN is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that WYNN is one of the better performing stocks in the market, outperforming 91% of all stocks.
WYNN is part of the Hotels, Restaurants & Leisure industry. There are 134 other stocks in this industry. WYNN outperforms 87% of them.
WYNN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so WYNN is lagging the market slightly.
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 2053000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although WYNN has an excellent technical rating, the quality of the presented setup is not ideal 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
105.30
122.11
We found 3 important support areas.
- A support zone ranging from 114.63 to 116.34. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 110.23 to 110.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 106.36 to 106.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for WYNN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for WYNN is up. |
| ChartMill Relative Strength | 91.43 | POSITIVE | WYNN has a high relative strength, it outperformed 91.43% 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) | UP | POSITIVE | The current price of WYNN is above the rising 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) | 61.11 | NEUTRAL | The RSI value for WYNN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests WYNN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.71 | NEUTRAL | The Stochastics value for WYNN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for WYNN suggests some volalility. |
| Average Directional Index/ADX (14) | 32.11 | POSITIVE | The high ADX value value for WYNN suggests a strong 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)
120.9
-1.99 (-1.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.62%
1 Week-4.61%
2 Weeks9.03%
1 Month12.75%
3 Month45.14%
6 Month36.27%
12 Month57.59%
2 Year30.83%
3 Year91.81%
5 Year68.36%
10 Year127.6%
15 Year39.33%
Volatility
ATR(14)3.45
ATR(20)%2.78%
ATR Inc21.3%
Range Today4.01
ADR(20)3.2
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.43
Mansfield1.97
10 Day High128.53
10 Day Low111.4
20 Day High128.53
20 Day Low102.24
52 Week High128.53
52 Week Low65.25
CS1 End116.34
CR1 StartN/A
Volume & EV
DER(3)0.17%
DER(5)1.21%
Volume2.44M
Volume Incr-7.92%
Vol(5)2.00M
Vol(50)2.05M