WYNN closes higher for the 4th day in a row
Wynn Resorts Limited (WYNN) Technical Analysis Report for Jul 16, 2019 | by Techniquant Editorial Team
Moving higher for the 4th day in a row, WYNN ended Tuesday at 139.34 gaining $1.57 (1.14%), significantly outperforming the Nasdaq 100 (-0.5%). Today's close at 139.34 marks the highest recorded closing price since May 6th.
Daily Candlestick Chart (WYNN as at Jul 16, 2019):
Tuesday's trading range has been $3.95 (2.86%), that's slightly above the last trading month's daily average range of $3.51. Weekly volatility is also higher, being above the market's average weekly trading range. The longer-term, monthly volatility is currently slightly higher than usual for WYNN.
The market shows strength in the short-term supported by its long-term uptrend with only the medium-term trend being bearish.