Wynn Resorts's 15-minute chart has recently exhibited a MACD Death Cross and Bollinger Bands Expanding Downward pattern at 09/25/2025 12:30. This technical analysis suggests that the stock price has the potential to continue its downward trajectory, as the market trend appears to be driven by sellers.
Wynn Resorts (NASDAQ: WYNN) has recently exhibited a MACD Death Cross and Bollinger Bands Expanding Downward pattern on its 15-minute chart as of September 25, 2025, at 12:30. This technical analysis suggests that the stock price may continue its downward trajectory, indicating a potential bearish trend driven by sellers.
The MACD (Moving Average Convergence Divergence) Death Cross occurs when the MACD line crosses below the signal line, signaling a potential trend reversal. In this case, the MACD line crossed below the signal line, indicating a possible sell signal. Additionally, the Bollinger Bands Expanding Downward pattern suggests increasing volatility and potential downward price movement.
This technical analysis comes amidst recent earnings reports and insider activity. Wynn Resorts reported earnings of $1.09 per share, below analysts' expectations of $1.20. Despite a 0.6% year-over-year revenue increase, the company missed the consensus estimate. Director Patricia Mulroy sold a significant number of shares, reducing her stake by 59.14%.
Several investment analysts have increased their price targets for Wynn Resorts. Stifel Nicolaus boosted its target price from $130.00 to $145.00, indicating a potential upside of 17.62% from the current stock price. Morgan Stanley, JPMorgan Chase & Co., Jefferies Financial Group, Citigroup, and The Goldman Sachs Group have also increased their price targets or ratings, with 14 analysts rating the stock as a "Buy" and one as a "Hold."
Despite the positive analyst sentiment, the technical indicators suggest a potential downward trend. Investors should closely monitor the stock's performance and consider the implications of the MACD Death Cross and Bollinger Bands Expanding Downward pattern.
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