PENN ENTERTAINMENT INC (PENN)

US7075691094 - Common Stock

17.5  +2.87 (+19.62%)

After market: 17.55 +0.05 (+0.29%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to PENN. PENN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
84% of all other stocks performed better in the past year than PENN.
PENN is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 70% of 134 stocks in the same industry do better.
PENN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PENN has a been trading in the 14.46 - 17.60 range, which is quite wide. It is currently trading near the high of this range.
PENN has an average volume of 6236750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
PENN Weekly chart
PENN Daily chart
Setup Rating and Analysis

2

The technical rating of PENN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

17.33

26.65

When analyzing the resistance we notice 2 important areas.

  • Resistance @18.30 from a horizontal line in the daily time frame.
  • Resistance @26.39 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.13
Mansfield-2.88
10 Day High17.6
10 Day Low14.46
20 Day High17.6
20 Day Low14.46
52 Week High29.38
52 Week Low13.5
Performance
1 Week13.34%
2 Weeks9.79%
1 Month16.67%
3 Month-5.41%
6 Month-31.59%
12 Month-33.74%
2 Year-45.24%
3 Year-78.65%
5 Year-7.16%
10 Year50.09%
15 Year-47.08%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)58.8
LBB14.48
UBB17.37
PENN Daily chart

PENN ENTERTAINMENT INC

NASDAQ:PENN (5/31/2024, 4:05:23 PM)

After market: 17.55 +0.05 (+0.29%)

17.5

+2.87 (+19.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg19.62%
1 Week13.34%
2 Weeks9.79%
1 Month16.67%
3 Month-5.41%
6 Month-31.59%
12 Month-33.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.89
ATR(20)%4.81%
ATR Inc
Range Today2.5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High17.6
10 Day Low14.46
20 Day High17.6
20 Day Low14.46
52 Week High29.38
52 Week Low13.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume22.93M
Volume Incr26.77%
Vol(5)8.28M
Vol(50)6.24M