Why is PENN Down Today?

PENN
$14.18
▼ -3.21% ($-0.45)
Last updated: Oct 01, 2026 4:33 PM ET (889 min ago)

About PENN Entertainment, Inc. Common Stock

Penn Entertainment's origins date back to its 1972 racetrack opening in Pennsylvania. Today, Penn operates 43 properties across 20 states and 12 brands, including Hollywood Casino and Ameristar. Land-based casinos represented 85% of total sales in 2024; 15% was from the interactive segment, which in...

Sector: HOTELS & MOTELS
Market Cap: $2.79B
Forward P/E: 11.6
52-Week Range: $11.65 - $22.36
Employees: 23,118

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 HOTELS & MOTELS sector moving together
This appears to be a sector-wide move. The HOTELS & MOTELS sector is down 1.2% on average.

✅ Move Confirmation

LOW VOLUME 0.3x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

HOTELS & MOTELS sector: -1.2%

This appears to be a sector-wide move. Most HOTELS & MOTELS stocks are moving in the same direction.

Market Comparison

PENN is significantly underperforming the market (-3.4% vs SPY)
S&P 500
SPY
+0.18%
Nasdaq 100
QQQ
+0.31%
PENN
This Stock
-3.21%
vs S&P 500: -3.39%
vs Nasdaq: -3.52%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, PENN is expected to trade between:
$13.75 - $14.46

Key Level to Watch

$13.47 support
Watch for breakdown below $14.18

🔔 Get PENN Alerts

We'll notify you when PENN's trend changes or a new signal fires.

Last updated: Oct 01, 2026 4:33 PM (889 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bearish
Options Sentiment
1.56
Put/Call Ratio
92.6%
Implied Volatility
Call Volume: 12,950
Put Volume: 20,166
Total: 33,116
Unusual Activity: $20 PUT (2,774 vol) $20 PUT (2,722 vol) $22.5 PUT (1,993 vol)

Historical Context

PENN has moved more than 3.0% down on 35 occasions in the past year.

37.1%
Continuation Rate
13/35 times continued down
+1.2%
Avg Next Day Change
After similar down moves
Last similar move: Sep 29, 2026 (-4.1%) → Next day: +0.3%

Frequently Asked Questions

Why is PENN stock down today?

This appears to be a sector-wide move. The HOTELS & MOTELS sector is down 1.2% on average.

Is PENN stock a buy or sell right now?

Based on current analysis, PENN shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the PENN stock price target?

PENN is currently trading at $14.18. Based on today's momentum, the expected short-term range is $13.75 - $14.46. See long-term price prediction →

Will PENN stock continue falling?

Our analysis shows a 45% probability that PENN's move continues in the next 1-3 days. Key level to watch: $13.47 (support).

Is PENN stock oversold or overbought?

PENN's RSI (Relative Strength Index) is currently at 23.5. This indicates oversold conditions - the stock may be due for a bounce as selling pressure appears exhausted.

What is the momentum for PENN stock?

PENN's 10-day momentum indicator is at -2.94. Strong bearish momentum - the stock is experiencing significant downward pressure. Watch for potential reversal signals.

Is PENN outperforming or underperforming the market?

PENN (-3.21%) is currently significantly underperforming the market (-3.4% vs SPY). Today, the S&P 500 (SPY) is up 0.18%, and Nasdaq (QQQ) is up 0.31%.

What does MACD indicate for PENN?

PENN's MACD (-0.93) is currently below the signal line (-0.78), indicating a bearish trend. This technical signal suggests selling pressure is dominant. The trend strength (ADX: 30.9) is strong.

Is PENN in an uptrend or downtrend?

Based on moving average analysis, PENN is in a bearish trend. The price ($14.18) is trading below both the 20-day SMA ($16.42) and 50-day SMA ($17.99). This alignment typically indicates sustained downward pressure.

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