Las Vegas Sands Gains 3.38% Amid Technical Signals Of Potential Rebound

Las Vegas Sands (LVS) rose 3.38% in the most recent trading session, closing at $48.04 after establishing an intraday low of $45.91. This movement suggests potential stabilization following recent volatility, as we analyze the technical context across multiple indicators.
Candlestick Theory
The price action reveals a critical support level at $45.91, formed by the most recent session’s low and validated by its role as a rejection point. Resistance emerges near $48.68, aligned with the prior session’s high. The recent candle shows a long lower wick and closes near the session high, hinting at possible bullish exhaustion after a preceding 6.33% decline. However, confirmation requires sustained closes above $48.41 to invalidate the immediate bearish structure.
Moving Average Theory
LVS trades below all key moving averages, with the 50-day ($51.80), 100-day ($49.70), and 200-day ($47.50) slopes trending downward. The alignment of these averages indicates persistent bearish momentum across short, medium, and long-term timeframes. The current price near $48.04 sits below the 200-day MA, reinforcing resistance near $48.50 as a critical threshold for trend reversal consideration.
MACD & KDJ Indicators
The MACD histogram shows narrowing negative territory, suggesting slowing bearish momentum, though both the MACD and signal lines remain below zero. The KDJ oscillator registers %K at 22 and %D at 9 in oversold territory, with the J-line at 48 hinting at nascent recovery potential. Divergence emerges as price made a lower low ($45.91 vs. $46.29) while the stochastic base showed a higher low, indicating weakening downward pressure that may precede a reversal if sustained.
Bollinger Bands
Bollinger Bands expanded sharply during the sell-off to 2025-10-13, reflecting elevated volatility. The latest close at $48.04 positions price near the lower band ($46.80), typically an oversold signal. Band contraction began on 2025-10-14, implying volatility normalization, but a confirmed reversal requires movement toward the middle band ($50.30) and upper band ($53.80).
Volume-Price Relationship
The 6.33% down day on 2025-10-13 saw volume spike to 11.89 million shares, validating bearish conviction. The subsequent 3.38% rebound occurred on 6.51 million shares—a 45% volume decline—suggesting lackluster bullish commitment. This divergence implies sustainability concerns for the rebound unless accompanied by volume expansion above 10 million shares on upward moves.
Relative Strength Index (RSI)
The 14-day RSI (26.7) resides in oversold territory (<30), signaling potential exhaustion of selling pressure. However, it follows a lower low in price without a corresponding lower low in RSI (31.4 vs. 29.0), establishing a bullish divergence. While oversold conditions warrant caution due to possible extended bearish phases, this divergence may support a near-term relief rally if RSI reclaims the 40 level.
Fibonacci Retracement
Applying Fibonacci to the recent swing high ($54.55 on 2025-10-03) and swing low ($45.91 on 2025-10-14) yields key levels: 23.6% ($47.95), 38.2% ($49.21), and 50% ($50.23). The close at $48.04 places LVS just above the 23.6% support, with a breach potentially accelerating losses. Confluence exists at $47.95, where Fibonacci support aligns with the recent intraday low, creating a pivotal zone for directional bias. Upside progress faces layered resistance at $49.21 (38.2%) and $50.23 (50%).