The Greedy Trader Weekly Analysis
Sign In Oct 23, 2026
Skip Navigation Links
Share
Symbol:  

• Symbol Lookup
• View Technical Chart
• Add to Watch List
• Candlestick Patterns - N/A
• Stock Technical Indicators
• Stock Trends Analysis
• Market Sector Rank
• Stock Trading Signals

Archive
- 10/16/2026 -
Sign In to see current Signals.

Las Vegas (LVS) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Broken trend support lineOversold industryWilliams' Percentage Range oversoldLane's Stochastic is strongly oversoldTrend support at 35.14
Daily :Stochastic signal line moved above oversold areaDaily  MACD line has moved above its signal line
Move cursor over the icon to see details.

It was a first positive week after 7 consecutive negative weeks for the Las Vegas (LVS). During the week, the LVS gained 1.84 points, or 5.09%, and closed at 38.01 on Friday, October 16, 2026. It was the best weekly gain since July 31, 2026. Weekly volume was 20% above average.

LVS is a member of Casinos & Gaming Industry. Casinos & Gaming is the most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See LVS long-term trend chart]
A long-term uptrend had started on May 12, 2022 at 28.88 and reached 70.45 on December 1, 2025. LVS gained -41.57 points, or -143.94%, in 185 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (35.14) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend.

Medium-term trend: [See LVS medium-term trend chart]
A medium-term downtrend had started on December 1, 2025 at 70.45 and reached 35.28 on October 8, 2026. LVS lost 35.17 points, or 49.92%, in 44 weeks. The chart has formed a Falling Channel chart pattern. The downtrend support line (38.90) is broken. Usually a broken support is considered to be a long-term bearish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.

Weekly Technical Indicators: [See LVS weekly technical indicators chart]
Weekly Williams' Percentage Range is oversold while Lane's Stochastic is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Williams' Percentage Range or strongly oversold weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The weekly MACD line is below its signal line since January 9, 2026. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.

Short-term trend: [See LVS short-term trend chart]
A short-term downtrend had started on July 31, 2026 at 50.08 and reached 35.28 on October 8, 2026. LVS lost 14.80 points, or 29.55%, in 69 days. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 33.64 and resistance is at 41.87. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a short-term trend.

Daily Technical Indicators: [See LVS daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 44.19
Williams' Percentage Range (W%R) 44.40
Lane's Stochastic (%D-Slow) 71.05
Greed/Fear Indicator (GFI) 56.94
Moving Average Converg./Diverg. (MACD) -1.69
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 30.22
Williams' Percentage Range (W%R) 82.50
Oversold
Lane's Stochastic (%D-Slow) 5.83
Strong Oversold
Greed/Fear Indicator (GFI) 20.44
Moving Average Converg./Diverg. (MACD) -3.17
Trading Signals
Description Value Chart
Quarterly Trendline Resistance 45.12
Weekly Trendline Resistance 41.87
50 Day Moving Average 41.72
Upper Bollinger Band 40.82
Quarterly Trendline Support 38.90
Price 38.01
Daily Stochastic Crossing 38.00
20 Day Moving Average 37.61
Parabolic System 36.45
Weekly Stochastic Crossing 36.12
Lower Bollinger Band 35.51
Yearly Trendline Support 35.14
Weekly Trendline Support 33.64
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 6
Industry Casinos & Gaming 1
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 35.28
Low Date 10/08/2026
High 38.59
High Date 10/16/2026
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern Broadening Descending Wedge
Status Valid
Resistance 41.87
Support 33.64
High 50.08
High Date 07/31/2026
Low 35.28
Low Date 10/08/2026
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 54.86
High Date 04/30/2026
Low 35.28
Low Date 10/08/2026
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern Falling Channel
Status Broken Support
Resistance 45.12
Support 38.90
High 70.45
High Date 12/01/2025
Low 35.28
Low Date 10/08/2026
Description Value
Direction Up
Chart Pattern Rising Channel
Status Test Support
Resistance 72.11
Support 35.14
Low 28.88
Low Date 05/12/2022
High 70.45
High Date 12/01/2025
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.