Technical Analysis for PENN - Penn National Gaming, Inc.

Grade Last Price % Change Price Change
F 43.66 1.53% 0.66
PENN closed up 1.06 percent on Wednesday, January 19, 2022, on 86 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: Feb 2
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical PENN trend table...

Date Alert Name Type % Chg
NR7 Range Contraction 2.02%
Lower Bollinger Band Walk Weakness 2.02%
Inside Day Range Contraction 2.02%
Lower Bollinger Band Touch Weakness 2.02%
Oversold Stochastic Weakness 2.02%
New 52 Week Closing Low Bearish 3.10%
Lower Bollinger Band Walk Weakness 3.10%
New 52 Week Low Weakness 3.10%
Below Lower BB Weakness 3.10%
Down 3 Days in a Row Weakness 3.10%
Older End-of-Day Signals for PENN ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
60 Minute Opening Range Breakdown about 2 hours ago
1.5x Volume Pace about 2 hours ago
Up 5% about 2 hours ago
60 Minute Opening Range Breakout about 2 hours ago
Up 3% about 3 hours ago
View Earlier Intraday Alerts

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Profile

Penn National Gaming, Inc., together with its subsidiaries, owns and manages gaming and pari-mutuel properties in the United States and Canada. It engages in gaming on slot machines and table games. The company is also involved in the hotel, dining, retail, admissions, program sales, concessions, and other ancillary activities; and racing operations. As of May 10, 2013, it operated 29 facilities in Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Maryland, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario. The company was formerly known as PNRC Corp. and changed its name to Penn National Gaming, Inc. in May 1994. Penn National Gaming, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.
Classification

Sector: Consumer Cyclical
Industry: Resorts & Casinos
Keywords: S&P 500 Games Casino Gambling Online Gambling Slot Machine Sports Betting Table Game Wyomissing Penn National Gaming

Is PENN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 142.0
52 Week Low 42.36
Average Volume 4,418,816
200-Day Moving Average 71.25
50-Day Moving Average 50.48
20-Day Moving Average 48.23
10-Day Moving Average 45.89
Average True Range 2.60
ADX 29.49
+DI 14.19
-DI 30.41
Chandelier Exit (Long, 3 ATRs) 45.57
Chandelier Exit (Short, 3 ATRs) 50.15
Upper Bollinger Bands 53.71
Lower Bollinger Band 42.75
Percent B (%b) 0.02
BandWidth 22.72
MACD Line -2.11
MACD Signal Line -1.75
MACD Histogram -0.3607
Fundamentals Value
Market Cap 6.68 Billion
Num Shares 155 Million
EPS 0.80
Price-to-Earnings (P/E) Ratio 53.68
Price-to-Sales 2.35
Price-to-Book 4.36
PEG Ratio -15.89
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 45.31
Resistance 3 (R3) 45.38 44.68 44.93
Resistance 2 (R2) 44.68 44.09 44.65 44.80
Resistance 1 (R1) 43.84 43.73 43.77 43.77 44.67
Pivot Point 43.14 43.14 43.11 43.11 43.14
Support 1 (S1) 42.30 42.55 42.23 42.23 41.33
Support 2 (S2) 41.60 42.19 41.57 41.20
Support 3 (S3) 40.76 41.60 41.08
Support 4 (S4) 40.69