WYNN Volatility Compresses at $109.44, Breakout Watch
Wynn Resorts Ltd (WYNN) gained 2.05% to finish at $109.44 on February 25.
From a technical standpoint, the outlook appears bearish:
Moving Averages
Price sits below both the 9-day ($112.30) and 21-day ($113.48) EMAs, suggesting short-term weakness.
Momentum
RSI at 42.4 is neutral but weakening. MACD is bearish (-1.33 vs signal -1.20).
Volatility
Volatility has been compressing for 14 sessions (TTM Squeeze active), often a precursor to directional moves.
The $105.93-$119.57 range defines near-term boundaries.
