Decline depth
-23.5%
From rolling 252-day high of $22.36, 86d ago.
Past the 20% Watch threshold.
Amber ListRecovering
PENNPENN Entertainment, Inc.
Consumer Cyclical · Resorts & Casinos · small-cap ($1.9B)
-23.5%
from rolling 252-day high of $22.36 set 2026-06-16 · 86d ago
Current
$17.11
Decline depth
-23.5%
Decline σ
7.2σ
TFC
2/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since tracking began
$PENN has been tracked since 2026-03-01. It was down 32.9% from its 52-week high then — now down -23.5%.
It has clawed back 13.4 percentage points off that level. It bottomed 38.2% below that high along the way.
From the 52-week high as of 2026-03-02 to today. Split-adjusted. Observed, not a forecast.
Structural break signals
PENN qualifies for the Amber List on decline depth.
Time-frame continuity
2/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Decline sigma
7.2σ
Drop over the last 20 bars in units of daily volatility (1.75%/day).
Past the ≥6σ Amber threshold.
The structural read
What price action says about PENN.
PENN qualifies for the Amber List on decline depth — down -23.5% from its rolling 252-day high.
Cross-confirmation: decline sigma also reads 7.2σ over 20 bars.
A confirmed bullish signal on one or more time frames earned the Recovering badge. The tier says how deep the damage is; Recovering says momentum may be turning. Not a buy signal.
Whether PENN's turn is investable is ConvictionEdge's question, not ours.
Upstream TFC read: strong alignment, current phase daily. Last bar types — daily 2D (green), weekly 2U (green), monthly 2D (green).
Earnings on file: 2026-02-26. Earnings dates don't affect tiering.
Questions about PENN
What people ask.
Why is PENN on Broken Stocks?
PENN qualifies for the Amber List on decline depth. It is down -23.5% from its rolling 252-day high of $22.36, set on 2026-06-16 — 86d ago. It additionally carries a Recovering badge — see below.
What does the Recovering badge mean for PENN?
Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — PENN is still Amber List because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.
Is PENN a falling knife?
No. The falling-knife label usually implies a steep, severe drop — typically 30% or more from a fresh high. PENN is down -23.5% from its 52-week high, which qualifies for the Watch tier but is shallower than the falling-knife pattern. It's an early-stage decline rather than a sharp breakdown.
Is PENN a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is PENN trading inside its 52-week range?
At $17.11, PENN sits 60.9% of the way from its 52-week low ($11.65) to its 52-week high ($20.61). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has PENN been declining?
The current 23.5% decline accrued over 86d, which annualizes to roughly -99.7% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does PENN compare to its sector?
There are 272 other Consumer Cyclical tickers on Broken Stocks: 156 Red, 72 Amber, 44 Watch, with 15 showing recovering structural signals. Median sector decline is -33.2% — PENN's decline is shallower than the sector median.
Does PENN's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-02-26) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.