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4-Traders Homepage  >  Equities  >  Nyse  >  MGM Resorts International    MGM

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MGM Resorts International : StockCall Study on Wyndham Worldwide, Ryman Hospitality Properties, Expedia, Las Vegas Sands, and MGM Resorts

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03/04/2013 | 02:05pm CEST

LONDON, March 4, 2013 /PRNewswire/ --

Last Friday, The Dow Jones closed the week at 14,089.66, up 0.25 percent while NASDAQ was up 0.30 percent to close at 3,169.74. Similarly, S&P also ended at a positive note at 1,518.20, up 0.23 percent. Before the U.S. markets opened today, Asian markets have seen an abrupt plunge following sell-off in the Chinese stock market. The feeble sentiment at the start of this new week got our research team to research the services sector, more specifically the Lodging and Resorts & Casinos industries which include major companies like Wyndham Worldwide Corporation (NYSE: WYN), Ryman Hospitality Properties Inc. (NYSE: RHP), Expedia Inc. (NASDAQ: EXPE), Las Vegas Sands Corp. (NYSE: LVS) and MGM Resorts International (NYSE: MGM). Many of these companies have a footing in Asia. StockCall free coverage on WYN RHP EXPE LVS and MGM is available upon registration at

http://www.stockcall.com/register

Wyndham Worldwide Corporation's stock closed at $60.67, 0.71 percent up on Friday. The stock traded in the range of $59.49 and $61.39 during the session and is currently above its 20-day moving average price of $50.56. Wyndham Worldwide gained 14.02 percent so far this year. Its Price/Earnings ratio is 21.98. Wyndham's stock is in a bullish phase and its first resistance level is at $63.31. On the downside, its first support is at $60.01. Upon breaching this level, its second support level is at $58.34. Download the free technical research on WYN by signing up at

http://www.StockCall.com/WYN030413.pdf

Despite a sharp downward movement in its previous trading session, Ryman Hospitality Properties Inc. is still up 14.4 percent for the year. It has gained 9.64 percent in the past 52 weeks. The stock closed 1.68 percent lower at $44 on volume of 1.19 million shares on Friday. Its average trading volume stands at 1.53 million shares. Ryman Hospitality Properties shares currently face resistance at $44.45. The stock has support at around $41.41. It is currently trading above its 20-day and 50-day moving averages, which is a bullish signal. Register now and get access to the free analysis on RHP at

http://www.StockCall.com/RHP030413.pdf

Expedia Inc. traded in the range of $62.86 and $64.15 during its previous trading session on Friday. It opened at $63.50 and closed at $63.74, down 0.25 percent. The stock is currently in a bullish mode and has its first resistance level at $63.98. Upon breaching this level, Expedia may go as high as $64.80. It traded 1.79 million shares. The stock is trading below its 20-day moving average price. Its first support level is at $63.02. In year 2013, the stock is up 3.74 percent so far. Sign up and read the complimentary report on EXPE at

http://www.StockCall.com/EXPE030413.pdf

Despite the upward movement shown by broad market indices, Las Vegas Sands Corp. stock finished 0.35 percent lower at $51.31, with volume down from daily average of 7.91 million to 4.94 million shares. Las Vegas Sands stock has had an excellent run so far in 2013 with its year-to-date gain at 11.16 percent. However, the stock currently shows a neutral trend which is further confirmed by the stock's MACD chart. The resorts and casinos company has its first support level at $51.18. In the coming trading sessions, the stock is likely to go as high as $52.39. The free report on LVS can be downloaded by signing up now at

http://www.StockCall.com/LVS030413.pdf

MGM Resorts International stock declined marginally in its latest trading session, on Friday. The stock closed 0.48 percent lower at $12.43 with 7.23 million share volume. In the past 52 weeks, MGM Resorts is down 10.19 percent. The stock currently has support at $11.91 level. The stock's MACD chart shows neutral trend. MGM Resorts may face its first resistance level at $12.52. Upon breaching this level, the stock may go as high as $13.15. Free report on MGM can be accessed by registering at

http://www.StockCall.com/MGM030413.pdf

About StockCall.com

StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at

http://www.stockcall.com

SOURCE StockCall.com

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