The Greedy Trader Weekly Analysis
Sign In May 2, 2025
Skip Navigation Links
Share
Number of records: 0
Symbol:  

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

Uptrend Support

Uptrend Support stock alert presents a technical analysis stock market picking technique based on combination of technical indicators, stock trend analysis, trend following indicators and pattern recognition. Stock market alert is a warning signal. Uptrend Support stock alert indicates that price is near long-term support trendline and probability of short-term trend reversal is high. The strategy here is to take advantage of established uptrend price pullback and entering the long position just prior to the continuation of the trend. The strategy has relatively low risk.

Uptrend Support

Archive
- 4/25/2025 -
Sign In to see current Signals.

Wynn Resorts Ltd. (WYNN) Technical Analysis

Subscribe to TheGreedyTrader Weekly Alerts
Summary:
Weekly :Oversold sectorLane's Stochastic bullish divergence
Daily :Lane's Stochastic is strongly overboughtPrice is close to the 50 Day Moving AverageThe price moved above the moving average in the center of the Bollinger Bands
Move cursor over the icon to see details.

It was a third positive week after 6 consecutive negative weeks for the Wynn Resorts Ltd. (WYNN). During the week, the WYNN gained 7.34 points, or 9.82%, and closed at 82.11 on Friday, April 25, 2025. It was the best weekly gain since February 14, 2025. Weekly volume was -7% 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 68.11 and resistance is at 93.68. 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 7, 2024 at 107.81 and reached 65.25 on April 8, 2025. WYNN lost 42.56 points, or 39.48%, in 26 weeks. The chart has formed a Falling Channel chart pattern. The trend support level is at 70.75 and resistance is at 89.48. A Falling Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Falling Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Falling Channel pattern in a medium-term trend.

Weekly Technical Indicators: [See WYNN weekly technical indicators chart]
Weekly technical indicators are neutral. Weekly Lane's Stochastic has bullish divergence. Use the following links to access the Lane's Stochastic help, or use the Technical Stock Screener to see the list of stocks with weekly Lane's Stochastic bullish divergence. The divergence between price and indicator is considering one of the most important buy/sell stocks trading signal. 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 link to access Lane's Stochastic help.

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 uptrend had started on April 8, 2025 at 65.25 and reached 82.30 on April 25, 2025. WYNN gained -17.05 points, or -26.13%, in 17 days. Price is near the trend high.

Daily Technical Indicators: [See WYNN daily technical indicators chart]
Daily Lane's Stochastic is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Lane's Stochastic.

The daily MACD line is above its signal line since April 16, 2025. This is an indication that the short-term trend is up.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. 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.

Price is close to the 50 Day Moving Average. While daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 70.44
Williams' Percentage Range (W%R) 21.30
Lane's Stochastic (%D-Slow) 91.24
Strong Overbought
Greed/Fear Indicator (GFI) 80.13
Overbought
Moving Average Converg./Diverg. (MACD) -2.24
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 47.51
Williams' Percentage Range (W%R) 52.70
Lane's Stochastic (%D-Slow) 33.70
Bullish
Greed/Fear Indicator (GFI) 43.37
Moving Average Converg./Diverg. (MACD) -1.88 Bullish
Trading Signals
Description Value Chart
Yearly Trendline Resistance 93.68
Monthly Trendline Resistance 89.48
Upper Bollinger Band 87.85
50 Day Moving Average 82.93
Price 82.11
Daily Stochastic Crossing 81.62
20 Day Moving Average 76.00
Parabolic System 75.54
Weekly Stochastic Crossing 73.79
Monthly Trendline Support 70.75
Yearly Trendline Support 68.11
Lower Bollinger Band 67.93
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 2
Industry Casinos & Gaming 41
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 65.25
Low Date 04/08/2025
High 82.30
High Date 04/25/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 94.28
High Date 02/21/2025
Low 65.25
Low Date 04/08/2025
Description Value
Direction Down
Chart Pattern Falling Channel
Status Valid
Resistance 89.48
Support 70.75
High 107.81
High Date 10/07/2024
Low 65.25
Low Date 04/08/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 117.86
High Date 05/01/2023
Low 65.25
Low Date 04/08/2025
Description Value
Direction Up
Chart Pattern Symmetric Triangle
Status Valid
Resistance 93.68
Support 68.11
Low 35.84
Low Date 03/18/2020
High 143.88
High Date 03/15/2021
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.