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

By David Diaz

Wynn Resorts Ltd (NASDAQ:WYNN) crossed over its 10-day moving average of $59.71 on a volume of 1.8 million shares. This may provide swing traders with an opportunity 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 Ltd have traded between a low of $35.84 and a high of $153.41 and are now at $67.35, which is 88% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 4.5%.

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

Keywords: moving crosses wynn resorts ltd

Ticker(s): WYNN