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Wynn Resorts Crosses Above its 10-day MA (WYNN)

By David Diaz

Today, shares of Wynn Resorts (NASDAQ:WYNN) have advanced above their 10-day MA of $92.63 on a volume of 2.9 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Wynn Resorts have traded between a low of $49.95 and a high of $136.93 and are now at $94.07, which is 88% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 1.2%.

SmarTrend is monitoring the recent change of momentum in Wynn Resorts. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Wynn Resorts in search of a potential trend change.

Keywords: moving crosses wynn resorts

Ticker(s): WYNN