Technical Commentary on Casinos and Gaming Equities - Scientific Games, Bally Technologies, Melco Crown Entertainment, Boyd Gaming, and Wynn Resorts

LONDON, September 16, 2014 /PRNewswire/ --

On Monday, September 15, 2014, the NASDAQ Composite ended at 4,518.90, down 1.07%, the Dow Jones Industrial Average advanced 0.26%, to finish the day at 17,031.14, and the S&P 500 closed at 1,984.13, down 0.07%. The gains were broad based as seven out of ten sectors ended the session in positive. The S&P 500 Consumer Discretionary Sector Index ended the day at 538.30, down 0.40%, while the index has advanced 3.52% in the previous three months. Investor-Edge has initiated coverage on the following equities: Scientific Games Corporation (NASDAQ: SGMS), Bally Technologies Inc. (NYSE: BYI), Melco Crown Entertainment Ltd (NASDAQ: MPEL), Boyd Gaming Corporation (NYSE: BYD), and Wynn Resorts Ltd (NASDAQ: WYNN). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

On Monday, shares in Scientific Games Corp. traded between $12.89 and $13.44 before ending the session 1.84% higher at $13.26. The stock reported a trading volume of 2.05 million shares, above its three months average volume of 1.58 million shares. Scientific Games Corp.'s shares have surged 44.92% in the last one month and 21.60% in the previous three months. However, the stock has declined 21.68% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $9.78 and $12.45, respectively. Moreover, shares of Scientific Games Corp. have a Relative Strength Index (RSI) of 72.44. Sign up and read the free notes on SGMS at:

www.Investor-Edge.com/SGMS-16Sep2014

Bally Technologies Inc.'s stock edged 0.01% lower, to close the day at $80.25. The stock recorded a trading volume of 1.00 million shares, close to its three months average volume of 0.95 million shares. The stock oscillated between $80.24 and $80.54 during the session. Over the last one month and over the past three months, Bally Technologies Inc.'s shares have gained 5.18% and 24.19%, respectively. Further, the stock has advanced 2.29% since the start of this year. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $71.26 is above its 200-day moving average of $69.02. Additionally, Bally Technologies Inc. traded at a PE ratio of 22.42 and has an RSI of 75.36. The complimentary notes on BYI can be downloaded as in PDF format at:

www.Investor-Edge.com/BYI-16Sep2014

On Monday, shares in Melco Crown Entertainment Ltd recorded a trading volume of 4.64 million shares, higher than its three months average volume of 3.85 million shares. The stock ended the day at $27.08, which was 2.41% below its previous day's closing of $27.75, and registered an intraday range of $26.61 and $27.62. Shares of the company traded at a PE ratio of 22.11. Melco Crown Entertainment Ltd's shares have lost 2.55% in the previous three trading sessions, 7.16% in the last one month and 30.37% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $30.77 and $35.97, respectively. Furthermore, shares of Melco Crown Entertainment Ltd have an RSI of 35.26. Register for free on Investor-Edge and access the latest research on MPEL at:

www.Investor-Edge.com/MPEL-16Sep2014

Boyd Gaming Corp.'s stock declined 1.97%, to close Monday's session at $10.96, after oscillating between $10.88 and $11.19. The stock recorded a trading volume of 0.78 million shares, below its three months average volume of 1.32 million shares. Although, Boyd Gaming Corp.'s shares have advanced 5.28% in the last one month, it has declined 4.36% in the previous three trading sessions and 2.66% on YTD basis. The company's stock is trading above its 50-day moving average of $10.84, while the 50-day moving average is below its 200-day moving average of $11.36. Further, the stock has an RSI of 54.93. The complete research on BYD is available for free at:

www.Investor-Edge.com/BYD-16Sep2014

Wynn Resorts Ltd's stock finished Monday's session 0.99% lower at $180.72. A total of 1.62 million shares were traded, which was above its three months average volume of 1.52 million shares. The stock moved between $179.37 and $182.66 during the session. Over the previous three trading sessions and the last three months, Wynn Resorts Ltd's shares have declined 0.86% and 10.12%, respectively. Additionally, from the beginning of 2014, the stock has lost 6.95%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $206.16 is greater than its 50-day moving average of $200.40. Wynn Resorts Ltd's stock traded at a PE ratio of 21.60 and has an RSI of 31.21. Free in depth research on WYNN is available at:

www.Investor-Edge.com/WYNN-16Sep2014

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