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Uptrend Call Working As Penn National Gaming Stock Rises 57.6% (PENN)

By James Quinn

SmarTrend identified an Uptrend for Penn National Gaming (NASDAQ:PENN) on November 16th, 2016 at $13.67. In approximately 7 months, Penn National Gaming has returned 57.57% as of today's recent price of $21.54.

In the past 52 weeks, shares of Penn National Gaming have traded between a low of $11.93 and a high of $22.19 and are now at $21.52, which is 80% above that low price. The 200-day and 50-day moving averages have moved 0.36% lower and 1.35% higher over the past week, respectively.

Penn National Gaming, Inc. owns and operates Charles Town Races in West Virginia which features slot machines, casinos in Mississippi, and a riverboat gaming facility in Louisiana. The Company also owns racetracks and off-track wagering facilities in Pennsylvania, as well as manages a gaming facility in the Province of Ontario, Canada.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Penn National Gaming shares.

Log in and add Penn National Gaming (PENN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights penn national gaming

Ticker(s): PENN