PENN: Rounding Bottom detected on 15 May 2026
All prices, scores, and news on this page reflect data available before market open on .
Browse all Rounding Bottom detections →On 15 May 2026, our scan flagged PENN as a rounding bottom setup scoring 66 out of 98 (Moderate tier), with a 62% win probability based on our historical pattern database and a 0.1 to 1 reward to risk ratio. This is a swing trade setup: win probability reflects a 10 trading day hold, not an intraday move. At $15.83, the conservative target is $16.52 with a stop at $15.13. A further breakout above resistance near $19.91 offers a larger move if momentum continues past the initial target.
Overall Score
66
of 98
Moderate
Win Probability
62%
Moderate
Reward / Risk
0.1
: 1
$0.04 reward
$-0.28 risk
Swing Trading Plan
Entry
$15.83
Target
$16.52
Stop Loss
$15.13
Holding Period
Up to 10 trading days
Win Probability
62%
AI analysis for this stock is being generated.
Quantitative data is available in the Technical Indicators tab.
How We Find and Score This Setup
We scan more than 6,000 NYSE and NASDAQ stocks every trading day and compare each detected pattern against a database of 370,000+ historical detections. Every setup is scored across three dimensions: Structure, Volume, and Breakout Readiness. Win probability is a calibrated estimate of how similar historical setups performed over the following 10 trading days. This is a swing trading tool built for multi-day holds. It is not built or tested for day trading.
Frequently Asked Questions
Is PENN a good swing trade?
PENN scored 66 out of 98 on our rounding bottom scan, with a 62% historical win probability over the standard 10 trading day hold. Moderate setup based on our systematic scoring.
What is the entry, target, and stop loss for this setup?
The setup's reference price is $15.83, with a conservative target of $16.52 and a stop loss at $15.13.
What would invalidate this rounding bottom setup?
A close below the stop loss at $15.13 would invalidate the setup and suggest the pattern has failed.
How is the win probability calculated?
Win probability is a calibrated estimate of how similar historical rounding bottom setups performed over the following 10 trading days, drawn from a database of 370,000+ historical pattern detections across 6,000+ NYSE and NASDAQ stocks.
Market & Sector Regime
Market
Bullish
0.80
-1.0
0
+1.0
Consumer Discretionary Sector
Bullish
0.30
-1.0
0
+1.0
Overall Score
33
of 40
Pattern Quality
14
of 20
Setup
11
of 20
R/R
8
of 18
Context
Pattern Quality Score
14
of 15
Structure
8
of 13
Breakout
11
of 12
Volume
Recent Performance
Momentum & Trend
RSI (14)
46.0
Neutral
MACD Histogram
-0.22
Bearish
Bollinger Band Position
28.3%
Lower Zone
Volatility & Risk
20-Day Volatility
0.70
Very High
ATR %
4.2%
Medium
Beta
0.57
Below Mkt
Volume Analysis
Volume Ratio
0.56x
Below Avg
20-Day Avg Vol
4.4M
shares / day
Current Volume
2.5M
shares traded
Price Levels
52W High
$20.60
Resistance
$19.91
Target
$16.52
Current
$15.83
Stop Loss
$15.13
Support
$11.65
52W Low
$11.65
Disclaimer: This analysis is algorithmically generated for educational purposes only and does not constitute financial advice. Past pattern performance does not guarantee future results. Win probabilities are based on historical data across 370,000+ observations. Always conduct your own research and consult a qualified financial advisor. AI-assisted contextual analysis by Claude (Anthropic). Indicators reflect values at time of detection.