Trading Signals: PENN Stock Price Prediction and Forecast

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Fri. Aug. 25, 2023

Trading Signals: PENN Stock Price Prediction and Forecast (Mon. Oct. 26, 2015 - Wed. Sep. 27, 2023)

(Penn National Gaming, Inc.)
PENN latest price $23.5000 (2.13%) ($23.5000 - $23.5000) on Fri. Aug. 25, 2023.

Trend Analysis and Forecast

Average Daily Percentage Swing   2.97% (three month average)
RSI   43
Latest Price   $23.5000(2.13%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   PENN advances 0.4% a day on average for past five trading days.
Weekly Trend   PENN declines -4.3% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Growth stock rally for small cap.
Correlated ETFs   Broad market will support PENN advance at 0% a week (0% probability)
IWN(64%)    IFRA(62%)    IWM(61%)    XLF(61%)    XLB(59%)
Factors Impacting PENN price   PENN will decline at least -1.485% in a week (0% probabilities).
VXX(-33%)    VIXM(-31%)    TBT(-12%)    REMX(-4%)    SHY(-3%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -1.485% (StdDev 2.97%)
Hourly BBV 1.8 ()
Intraday Trend 0%

1 - 5 Day Possible Target   $13.45(-42.77%)
Resistance Level   $24.22
5 Day Moving Average   $22.99(2.22%)
10 Day Moving Average   $23.3(0.86%)
20 Day Moving Average   $24.22(-2.97%)
To recent high   -14.9%
To recent low   3.2%
Market Cap   $3.23b

Penn National Gaming, Inc. owns and manages gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment. It operates through the following business segments: Northeast, South, West and Midwest.. The Northeast segment consists of the following properties: Hollywood Casino at Charles Town Races, Hollywood Casino Bangor, Hollywood Casino at Penn National Race Course, Hollywood Casino Toledo, Hollywood Casino Columbus, Hollywood Gaming at Dayton Raceway, Hollywood Gaming at Mahoning Valley Race Course, and Plain ridge Park Casino. The South and West segment comprises of the following properties: Zia Park Casino, Hollywood Casino Tunica, Hollywood Casino Gulf Coast, Boomtown Biloxi, M Resort, Tropicana Las Vegas, 1st Jackpot and Resorts. The Midwest segment controls the following properties: Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Argosy Casino Riverside, Hollywood Casino Lawrenceburg, Hollywood Casino St. Louis, and Prairie State Gaming. The company was founded in 1982 and is headquartered in Wyomissing, PA.

$. PENN price fluctuates within 5.12% (three month std-dev: 2.97%) daily (68% of days).

Sample size 41 Average positive next day return: 1.82%(46%) Average negative next day return: -1.91%(54%) Sample size 41 Average positive next three day return: 2.45%(44%) Average negative next three day return: -3.95%(56%) Sample size 41 Average positive next weekly return: 4.01%(39%) Average negative next weekly return: -4.57%(61%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20230925

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	Aug_25_2023	25.88	24.22	23.3	22.99	22.99	23.19	23.5(2.13%)	DP	OpenShort	-65	0.4	-12	60	11	-82	4.38	57%	-0.23	-50.8	2.97%	1.8	-0.6	43	0.2
2	Aug_24_2023	25.94	24.3	23.29	22.89	22.83	22.83	23.01(1.05%)	DP	OpenShort	-65	0.1	-24	-10	1	-99	3.28	57%	-0.23	-58	2.96%	2.1	-1	45	-0.6
3	Aug_23_2023	26	24.42	23.51	22.87	22.86	22.79	22.77(-0.15%)	DT	OpenShort	-75	-0.1	-28	-20	-4	-98	3.34	57%	-0.27	-63.9	2.96%	0.6	-1.3	43	0.5
4	Aug_22_2023	26.07	24.58	23.9	22.97	22.89	22.84	22.81(-0.28%)	DT	OpenShort	-75	-0.1	-30	-30	-11	-88	2.28	57%	-0.27	-70.7	2.96%	-0.2	-1.5	39	-0.5
5	Aug_21_2023	26.14	24.72	24.11	23.24	23.01	22.93	22.87(-0.5%)	DT	OpenShort	-75	-0.3	-33	-50	-15	-85	3.26	57%	-0.27	-74.6	2.99%	-1.2	-1.6	37	-0.5

6	Aug_18_2023	26.21	24.87	24.33	23.65	23.34	22.94	22.99(0.39%)	DP	OpenShort	-75	-0.6	-27	-160	-11	-75	3.55	57%	-0.23	-69	2.99%	-1.1	-1.7	37	-1.4
7	Aug_17_2023	26.27	25.04	24.5	23.76	23.82	23.09	22.9(-1.63%)	DT	OpenShort	-75	-0.8	-40	-210	-26	-82	3.33	60%	-0.23	-67.4	3.01%	-1.5	-2	43	-2.3
8	Aug_16_2023	26.33	25.24	24.69	24.24	23.98	23.73	23.28(-3.78%)	DT	OpenShort	-75	-0.9	-45	-110	-37	-70	5.25	56%	-0.19	-57.9	3.08%	-2	-1.8	44	-1
9	Aug_15_2023	26.38	25.46	24.92	24.97	24.48	24.56	24.19(-2.95%)	DT	OpenShort	-75	-0.8	-11	-40	-5	-30	4.37	59%	-0.15	-38.5	3.12%	0.4	-1.3	44	-0.8
10	Aug_14_2023	26.42	25.6	25.1	25.1	25.17	24.23	24.93(5.95%)	DP	OpenShort	-75	-0.2	-8	-250	-3	-21	7.08	59%	-0.11	-32.8	3.1%	0.2	-0.7	49	0.9

11	Aug_11_2023	26.45	25.65	25.23	25.13	25.15	24.41	23.53(-6.96%)	DT	OpenShort	-75	-1.7	-35	-200	-37	-30	16.9	56%	-0.19	-33.2	3.01%	-1.4	-2.2	42	0.2
12	Aug_10_2023	26.5	25.78	25.23	25.32	25.53	26.11	25.29(-6.09%)	N/A	N/A	0	-0	4	180	10	-13	15.64	58%	-0.11	-24.3	2.89%	-0.3	-0.6	44	-0.6
13	Aug_9_2023	26.53	25.87	25.41	25.18	25.33	25.89	26.93(8.31%)	RB	SmallLong	20	2	18	170	31	-23	47.09	63%	-0.04	-10.7	2.82%	1	1.2	49	-0.6
14	Aug_8_2023	26.54	25.85	25.29	24.89	24.74	24.95	24.86(-0.68%)	DT	OpenShort	-75	-0	-22	40	-6	-68	3.88	58%	-0.15	-7.1	2.63%	0.9	-1.2	31	-0.7
15	Aug_7_2023	26.58	25.92	25.36	25.13	24.89	24.76	25.03(2.27%)	DP	OpenShort	-75	-0.1	-21	-70	-5	-69	1.94	58%	-0.08	11.2	2.64%	1.1	-1.1	37	-0.6

16	Aug_4_2023	26.6	25.97	25.42	25.37	25.15	24.52	24.48(-0.53%)	DT	OpenShort	-75	-1.1	-31	-200	-19	-66	3.19	48%	-0.15	29.1	2.63%	-1.7	-1.8	44	-1.6
17	Aug_3_2023	26.64	26	25.62	25.5	25.59	25.03	24.61(-3.47%)	DT	OpenShort	-75	-1	-24	-140	-16	-48	4.43	48%	-0.08	35	3.16%	-2	-1.5	44	-0.7
18	Aug_2_2023	26.66	25.97	25.84	25.64	25.72	25.77	25.49(-2.13%)	DT	OpenShort	-75	-0.2	-17	20	-8	-42	2.14	50%	-0.04	37.7	3.14%	-1.6	-0.5	41	-0.7
19	Aug_1_2023	26.67	25.91	26.04	25.74	25.66	26.15	26.05(-0.8%)	N/A	N/A	0	0.3	2	120	11	-26	1.74	52%	-0.04	40.6	3.13%	1.1	0.1	46	1.2
20	Jul_31_2023	26.68	25.83	26.14	25.63	25.65	25.66	26.26(4.58%)	N/A	N/A	0	0.6	4	10	13	-23	2.1	52%	-0.07	38.3	3.15%	1.4	0.4	52	1.5

21	Jul_28_2023	26.7	25.73	26.1	25.51	25.46	25.18	25.11(-0.77%)	DT	OpenShort	-75	-0.4	-22	-80	-15	-41	3.59	49%	-0.15	38	3.12%	-1.7	-0.6	47	1.3
22	Jul_27_2023	26.74	25.68	26.2	25.77	25.61	25.64	25.3(-2.69%)	DT	OpenShort	-75	-0.4	-14	-10	-12	-21	2.55	52%	-0.19	43.4	3.12%	-1.7	-0.3	57	0.5
23	Jul_26_2023	26.79	25.61	26.38	26.08	25.89	25.75	26(1.94%)	N/A	N/A	0	-0.1	-1	-60	-7	16	2.08	52%	-0.15	46.5	3.18%	1.4	0.3	67	1.9
24	Jul_25_2023	26.83	25.52	26.46	26.4	26.1	25.58	25.51(-0.55%)	N/A	N/A	0	-0.7	-4	-170	-19	42	2.25	50%	-0.19	51.2	3.18%	-1.3	-0	60	1.2
25	Jul_24_2023	26.88	25.44	26.54	26.71	26.61	26.03	25.65(-2.88%)	UD	OpenLong	65	-0.8	8	-160	-13	71	3.23	50%		52.8	3.21%	-1.5	0.2	60	1.6
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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