Casinos/Gaming: Surge +6.71% - Trading Opportunities Await- $LVS, $MGM, $WYNN, $PENN, $CZR and more!
For those interested in trading within the Casinos/Gaming group, you can leverage AI robots to enhance your strategies. Here are two AI robots that can be beneficial for trading in this group:
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Swing Trader for Beginners: Trading in Markets Trending Up (TA&FA):: This AI robot is designed to identify and capitalize on upward trends in the market. It can be particularly useful for traders seeking opportunities in the Casinos/Gaming group when stocks are on the rise.
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Swing Trader for Beginners: Trading in Markets Trending Down (TA&FA): Conversely, this AI robot specializes in trading during market downtrends. It can assist traders in navigating challenges and making informed decisions when the Casinos/Gaming group faces declining market conditions.
By incorporating these AI robots into your trading approach, you can potentially optimize your strategies and make well-informed decisions within the dynamic Casinos/Gaming Group.
Casinos and Gaming group Hits the Jackpot with a 6.71% Gain in One Week
Casinos and gaming—a group synonymous with high stakes and entertainment. Companies like $LVS, $MGM, and $WYNN are not just household names; they're the power players driving this week's remarkable 6.71% gain. As economic conditions fluctuate, so does the willingness of consumers to indulge in leisure activities such as gaming, making this group a fascinating study of market dynamics.
Tickers in this Group :
$WYNN $LVS $FLL $CNTY $MCRI $BYD $PENN $MGM $LNW $BVH $CHDN $IGT $MTN $CZR $VAC $EVRI $GDEN $RRR $HGV $INSE $PLYA $MLCO $AGS $MSC $BALY $ACEL $DKNG $RSI $NGMS $GAMB $GMBLP $CDRO $SGHC
Group Description: The Casinos/Gaming group comprises companies involved in operating casinos, gaming services, horse racing, and harness racing facilities. Well-known companies in this group include Las Vegas Sands Corp (NYSE:LVS), MGM Resorts International (NYSE:MGM), and Wynn Resorts Limited (NASDAQ:WYNN). During periods of robust economic growth, consumers tend to indulge in discretionary and leisure activities like gambling and games. However, when economic conditions slow down, consumption in this group may decrease.
Market Cap: The average market capitalization for companies in the Casinos/Gaming group is approximately $4.7 billion. Market caps for individual tickers in this group range from $0 to $36.9 billion, with LVS holding the highest valuation at $36.9 billion and GMBLP being the lowest valued company at $0.
High and Low Price Notable News:
- The average weekly price growth for all stocks in this group was 12.19%.
- The average monthly price growth was 3.87%.
- The average quarterly price growth stood at 6.12%.
- Notable price movements include BVH experiencing the highest price growth at 119.95% and VAC suffering the most significant decline at -10.86%.
- Recent top gainers include PENN Entertainment (PENN, $23.19) with a +18.32% jump, Caesars Entertainment (CZR, $44.4) with a +13.44% increase, and Bally's (BALY, $9.32) with a +7.75% surge.
Volume:
- The average weekly volume growth for all stocks in this group was 130.01%.
- The average monthly volume growth was 144.41%.
- The average quarterly volume growth reached 94.86%.
- Notable volume spikes include Caesars Entertainment, Bally's, and Golden Entertainment, which all experienced significant one-day volume increases.
Fundamental Analysis Ratings: Fundamental analysis ratings provide insight into various aspects of a stock's performance:
- Valuation Rating: 61
- P/E Growth Rating: 49
- Price Growth Rating: 53
- SMR Rating: 67
- Profit Risk Rating: 76
- Seasonality Score: 3 (-100 ... +100)
Ticker Performance Insights
- $LVS: Surpassing its 50-day MA, it's on an 83% probable continued uptrend.
- $FLL: Positive MACD histogram suggests a 90% chance of continued growth.
- $CNTY: Recovering from oversold, with a high 90% likelihood of an uptrend.
- $MCRI: Above its 50-day MA, indicating a 77% chance of ongoing gains.
- $PENN: In a solid uptrend with a 79% probability of persistence.
- $MGM: Momentum Indicator turning positive, pointing to an 81% chance of further gains.
- $BVH: Impressive upward trend with an 83% chance of continuation.
- $IGT: Breaking its lower Bollinger Band suggests an 86% upward trend.
- $CZR: RSI climbing from oversold indicates an 82% potential rise.
- $EVRI: Positive MACD histogram aligns with an 83% chance of continued gains.
- $GDEN: Positive MACD signals an 86% chance of ongoing uptrend.
- $RRR: Likely to continue its ascent with an 89% probability.
- $INSE: Positive momentum could mean an 84% chance of further rise.
- $PLYA: Positive MACD suggests a 78% likelihood of ongoing growth.
- $AGS: A bullish MACD hints at an 82% chance of continued uptrend.
- $BALY: Growing for three consecutive days, a 74% chance of ongoing gains.
- $ACEL: Three-day rise points to a 68% probability of continued growth.
- $DKNG: Impressive trend with an 84% chance of further climbs.
- $RSI: With three days of gains, there's an 83% chance of a continued rise.
- $SGHC: The 50-day MA crossing above the 200-day MA could be a long-term bullish sign.
The casinos/gaming Group`s recent performance has been nothing short of a jackpot for investors. With several tickers showing strong signs of sustained upward momentum, this is a space worth watching for those looking to bet on continued growth.
Momentum Indicator for WYNN turns positive, indicating new upward trend
WYNN saw its Momentum Indicator move above the 0 level on February 14, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 79 similar instances where the indicator turned positive. In of the 79 cases, the stock moved higher in the following days. The odds of a move higher are at .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for WYNN just turned positive on February 14, 2025. Looking at past instances where WYNN's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .
WYNN moved above its 50-day moving average on February 14, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WYNN advanced for three days, in of 283 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The 50-day moving average for WYNN moved below the 200-day moving average on February 04, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WYNN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
WYNN broke above its upper Bollinger Band on January 30, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for WYNN entered a downward trend on January 24, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. WYNN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: WYNN's P/B Ratio (103.093) is very high in comparison to the industry average of (12.727). P/E Ratio (16.859) is within average values for comparable stocks, (65.598). Projected Growth (PEG Ratio) (1.301) is also within normal values, averaging (1.549). Dividend Yield (0.009) settles around the average of (0.043) among similar stocks. P/S Ratio (1.841) is also within normal values, averaging (3.533).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. WYNN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
an operator of casino gaming operations, resort hotel facilities and riverboat casinos
Industry CasinosGaming