Penn National Gaming Stock Forecast

Hold candidate since Jul 20, 2026

The Penn National Gaming stock price gained 3.21% on the last trading day (Monday, 20th Jul 2026), rising from $20.57 to $21.23. During the last trading day the stock fluctuated 5.11% from a day low at $20.55 to a day high of $21.60. The price has been going up and down for this period, and there has been a 0.38% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 218 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $52.63 million.

The stock lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 35.66% during the next 3 months and, with a 90% probability hold a price between $27.43 and $31.85 at the end of this 3-month period.

PENN Signals & Forecast

The Penn National Gaming stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $20.74 and $20.78. A breakdown below any of these levels will issue sell signals. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, June 29, 2026, and so far it has fallen -3.76%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Penn National Gaming stock

On the downside, the stock finds support just below today's level from accumulated volume at $19.09 and $17.26. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Penn National Gaming finds support just below today's level at $19.09. If this is broken, then the next support from accumulated volume will be at $17.26 and $17.24.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.05 between high and low, or 5.11%. For the last week, the stock has had daily average volatility of 3.97%.

Our recommended stop-loss: $20.26 (-4.57%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 14 days ago.)

Trading Expectations (PENN) For The Upcoming Trading Day Of Tuesday 21st

For the upcoming trading day on Tuesday, 21st we expect Penn National Gaming to open at $21.13, and during the day (based on 14 day Average True Range), to move between $20.80 and $21.66, which gives a possible trading interval of +/-$0.85 (+/-4.09%) up or down from last closing price. If Penn National Gaming takes out the full calculated possible swing range there will be an estimated 4.09% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $21.30 (0.33%) than the support at $19.09 (10.08%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Penn National Gaming stock A Buy?

Penn National Gaming holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold candidate.

Current score: -0.154 Hold/Accumulate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on July 21, 2026 - $21.13 ( 0.487%).

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