Wynn Resorts is a holding company. Through its subsidiaries, Co. is a designer, developer, and operator of resorts featuring hotel rooms, retail space, an array of dining and entertainment options, meeting and convention facilities, and gaming. Through its subsidiary, Wynn Macau, Limited, Co. operates integrated resorts in the Macau Special Administrative Region of the People's Republic of China, Wynn Palace and Wynn Macau. In Las Vegas, NV, Co. operates and, with the exception of certain retail space, owns Wynn Las Vegas and Encore at Wynn Las Vegas, which Co. also refers to as its Las Vegas Operations. Co. has Encore Boston Harbor, an integrated resort in Everett, MA.
When researching a stock like Wynn Resorts, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from WYNN Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for WYNN stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the WYNN 200 day moving average ("WYNN 200 DMA"), while one of the most popular "shorter look-backs" is the WYNN 50 day moving average ("WYNN 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Wynn Resorts. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the WYNN 200 DMA and the WYNN 50 DMA, we get a moving average convergence divergence indicator ("WYNN MACD"). The WYNN MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart). |
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Video: Technical Analysis