Why is PENN Down Today?

PENN
$17.94
▼ -2.76% ($-0.50)
Last updated: Nov 11, 2026 7:30 PM ET

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: 50%

50% Confident

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

MOMENTUM 50% Confidence
🎯 PENN showing strong bearish momentum
PENN is down 2.8% today on 0.3x average volume. The move appears to be driven by general market sentiment and momentum traders.

✅ Move Confirmation

LOW VOLUME 0.3x average volume

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

📍 Sector Context

HOTELS & MOTELS sector: -0.5%

PENN is outperforming its sector by -2.3%. This suggests a stock-specific catalyst.

Market Comparison

PENN is significantly underperforming the market (-4.1% vs SPY)
S&P 500
SPY
+1.36%
Nasdaq 100
QQQ
+2.57%
PENN
This Stock
-2.76%
vs S&P 500: -4.12%
vs Nasdaq: -5.33%

📊 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:
$17.40 - $18.30

Key Level to Watch

$17.04 support
Watch for breakdown below $17.94

🔔 Get PENN Alerts

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

Last updated: Nov 11, 2026 7:30 PM (-306 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.21
Put/Call Ratio
99.7%
Implied Volatility
Call Volume: 21,902
Put Volume: 4,695
Total: 26,597
Unusual Activity: $22.5 PUT (1,993 vol) $16 CALL (1,240 vol) $14 CALL (1,061 vol)

Historical Context

PENN has moved more than 3.0% down on 30 occasions in the past year.

26.7%
Continuation Rate
8/30 times continued down
+1.76%
Avg Next Day Change
After similar down moves
Last similar move: Oct 23, 2026 (-6.2%) → Next day: +2.8%

Frequently Asked Questions

Why is PENN stock down today?

PENN is down 2.8% today on 0.3x average volume. The move appears to be driven by general market sentiment and momentum traders.

Is PENN stock a buy or sell right now?

Based on current analysis, PENN shows 50% 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 $17.94. Based on today's momentum, the expected short-term range is $17.40 - $18.30. 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: $17.04 (support).

Is PENN stock oversold or overbought?

PENN's RSI (Relative Strength Index) is currently at 65.3. This shows bullish momentum - the stock has positive momentum but isn't overextended yet.

What is the momentum for PENN stock?

PENN's 10-day momentum indicator is at 3.29. Strong bullish momentum - the stock is gaining significant upward force. This often precedes continued gains.

Is PENN outperforming or underperforming the market?

PENN (-2.76%) is currently significantly underperforming the market (-4.1% vs SPY). Today, the S&P 500 (SPY) is up 1.36%, and Nasdaq (QQQ) is up 2.57%.

What does MACD indicate for PENN?

PENN's MACD (0.65) is currently above the signal line (0.29), indicating a bullish trend. This technical signal suggests buying pressure is dominant. The trend strength (ADX: 29.1) is strong.

Is PENN in an uptrend or downtrend?

Based on moving average analysis, PENN is in a mixed/transitional trend. The price and moving averages are not clearly aligned, suggesting a potential trend change or consolidation phase. 20-day SMA: $16.08, 50-day SMA: $16.1.

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