PENN ENTERTAINMENT INC (PENN) Stock Technical Analysis
NASDAQ:PENN - Nasdaq - US7075691094 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to PENN. In the past year, PENN was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
PENN has an average volume of 4277490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
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 53% of all stocks.
PENN is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 43% of 132 stocks in the same industry.
PENN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PENN is lagging the market.
In the last month PENN has a been trading in the 16.11 - 19.48 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PENN has an average technical rating and it also does not offer a high 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.
More info and screens
13.69
21.73
When analyzing the support we can see 3 important areas.
- Support @15.30 from a trend line in the weekly time frame.
- A support zone ranging from 14.74 to 14.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.83 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @17.33 from a horizontal line in the daily time frame.
- A resistance zone ranging from 18.26 to 18.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.20 to 19.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @21.51 from a trend line in the weekly time frame.
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 | 53.75 | NEUTRAL | PENN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of PENN is below the rising 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) | 48.84 | NEUTRAL | The RSI value for PENN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests PENN has a negative trend. |
| Stochastics (14,3) | 26.3 | NEUTRAL | The Stochastics value for PENN is a neutral value. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for PENN suggests some volalility. |
| Average Directional Index/ADX (14) | 22.45 | NEUTRAL | The ADX value for PENN suggests a possible start of a new trend. |
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)
NASDAQ:PENN (7/16/2025, 12:03:04 PM)
17.33
-0.01 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.06%
1 Week-5.3%
2 Weeks-2.97%
1 Month11.08%
3 Month20.92%
6 Month-13.39%
12 Month-6.37%
2 Year-34.04%
3 Year-49.81%
5 Year-48.77%
10 Year-9.12%
15 Year-36.69%
Volatility
ATR(14)0.69
ATR(20)%4.16%
ATR Inc-28.92%
Range Today0.18
ADR(20)0.65
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS53.75
Mansfield-1.25
10 Day High19.48
10 Day Low17.23
20 Day High19.48
20 Day Low16.11
52 Week High23.08
52 Week Low13.25
CS1 End17.33
CR1 Start18.26
Volume & EV
DER(3)1.86%
DER(5)4.99%
Volume9.86K
Volume Incr3.51%
Vol(5)5.03M
Vol(50)4.28M