PENN ENTERTAINMENT INC (PENN) Technical Analysis
NASDAQ:PENN • US7075691094
Current stock price
PENN Technical Rating and Analysis
Overall PENN gets a technical rating of 5 out of 10. PENN has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month PENN has a been trading in the 13.59 - 15.27 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- PENN has an average volume of 4567800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, PENN turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
- PENN is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 55% of 126 stocks in the same industry.
- PENN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so PENN is lagging the market slightly.
PENN Weekly and Daily overview Charts
PENN Setup Rating and Analysis
Although the technical rating is only medium, PENN does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 14.67, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
PENN Support and Resistance Analysis
13.52
When analyzing the support we notice one important area.
- A support zone ranging from 13.66 to 13.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 14.44 to 14.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.95 from a trend line in the daily time frame.
- A resistance zone ranging from 15.65 to 15.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @18.13 from a trend line in the weekly time frame.
PENN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for PENN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PENN is neutral. |
| ChartMill Relative Strength | 42.6 | NEUTRAL | PENN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PENN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PENN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PENN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.63 | NEUTRAL | The RSI value for PENN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests PENN has a positive trend. |
| Stochastics (14,3) | 79.96 | NEUTRAL | The Stochastics value for PENN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for PENN suggests some volalility. |
| Average Directional Index/ADX (14) | 11.46 | NEGATIVE | The low ADX value for PENN suggests a weak or negative trend. |
PENN Chart- and CandleStick Pattern Analysis
PENN Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:PENN (4/6/2026, 12:08:42 PM)
14.415
-0.36 (-2.4%)
PENN ENTERTAINMENT INC / PENN TA FAQ
What is the technical rating for PENN stock?
ChartMill assigns a technical rating of 5 / 10 to PENN.
Can you provide the trend direction for PENN ENTERTAINMENT INC?
The current trend direction for PENN ENTERTAINMENT INC (PENN) is Bearish.
Can you provide the RSI signal for PENN ENTERTAINMENT INC?
PENN ENTERTAINMENT INC (PENN) has an RSI value of 54.6329. This indicates that the stock is currently neutral.
What is the short term momentum for PENN stock?
The short term momentum for PENN ENTERTAINMENT INC (PENN) is neutral.
What is the support and resistance level for PENN stock?
PENN ENTERTAINMENT INC (PENN) has a support level at 14.67 and a resistance level at 14.95. Check the full technical report for our detailed analysis of PENN support and resistance levels.