TTM Squeeze Alert: WYNN Primed for Big Move at $124.36
NeutralWynn Resorts Ltd (WYNN) closed down 0.53% at $124.36 on December 29.
Technical indicators paint a bearish picture:
Moving Averages
Mixed signals with price near the 9-day EMA ($125.47). The 21-day EMA sits at $125.46.
Momentum
RSI at 54.5 is in neutral territory but trending lower. MACD is bearish (0.19 vs signal 0.49).
Volatility
Stock has been in a TTM Squeeze for 6 days, indicating compressed volatility and potential for a significant move.