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Archive - 4/17/2025 - Sign In to see current Signals. |
Wynn Resorts Ltd. (WYNN) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :    Move cursor over the icon to see details.
| | It was a second positive week after 6 consecutive negative weeks for the Wynn Resorts Ltd. (WYNN). During the week, the WYNN gained 1.58 points, or 2.16%, and closed at 74.77 on Thursday, April 17, 2025. Weekly volume was -17% below average. WYNN is a member of Consumer Discretionary Sector. Consumer Discretionary is the second most oversold sector. 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 WYNN long-term trend chart] A long-term uptrend had started on March 18, 2020 at 35.84 and reached 143.88 on March 15, 2021. WYNN gained -108.04 points, or -301.45%, in 51 weeks. The chart has formed a Symmetric Triangle chart pattern. The trend support level is at 67.98 and resistance is at 93.93. A Symmetric Triangle pattern represents the area of indecision, where the movement direction is questioned. Chart pattern analysis usually considers a symmetric triangle chart pattern as a continuation formation which resolves in the direction of larger trend, but it also may mark the trend reversal. Use the following link to access a Symmetric Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Symmetric Triangle pattern in a long-term trend.
Medium-term trend: [See WYNN medium-term trend chart] A medium-term downtrend had started on October 11, 2024 at 106.40 and reached 65.25 on April 8, 2025. WYNN lost 41.15 points, or 38.67%, in 25 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
Weekly Technical Indicators: [See WYNN weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since March 14, 2025. This is an indication that the medium-term trend is down. Use the following link to access a MACD help.
Short-term trend: [See WYNN short-term trend chart] A short-term downtrend had started on January 30, 2025 at 89.75 and reached 65.25 on April 8, 2025. WYNN lost 24.50 points, or 27.30%, in 68 days. Price is near the Fibonacci 38.2% retracement level.
Daily Technical Indicators: [See WYNN daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level. The distance between the Bollinger Bands is 120.73% higher then one year average. It indicates the period of high volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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