PENNRising Wedge

60% ConfidenceDetected Jul 21

Signal Snapshot

As of July 21, 2026, PENN is showing a Rising Wedge pattern with 60% confidence on the daily timeframe. SCTR 11.9 (bullish zone), Confirmed Bull trend. EdgeOS buy trigger $20.77 · Target $21.42 · Stop $20.37.

EdgeOS Levels — PENN

Close
$21.23
Buy Trigger
$20.77
+1 ATR Target
$21.42
Stop
$20.37
SCTR
11.9
Trend
Confirmed Bull
Bull Count
0
Bear Count
0
Other Stocks Showing Rising Wedge Today

Frequently Asked Questions

Is PENN showing a Rising Wedge pattern?

Yes. PENN is currently showing a Rising Wedge pattern with 60% confidence on the daily timeframe (detected 7/21/2026).

What is the confidence level for the PENN Rising Wedge?

The PENN Rising Wedge has a confidence score of 60%. Confidence above 65% is considered high — indicating a clear, textbook-quality pattern. The confidence score measures how closely price action matches the ideal pattern template.

What are the buy trigger and target for PENN?

PENN's EdgeOS buy trigger is $20.77, target $21.42 (Saty ATR +1), stop below $20.37.

How often does the Rising Wedge succeed?

The Rising Wedge has a historical win rate of 60% when traded with proper volume confirmation and stop placement. Average time to target: 15 trading bars. Best results when combined with trending SCTR (above 9 for bullish, below 4 for bearish) and EdgeOS count confirmation.

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Pattern data updated nightly · For informational purposes only · Not investment advice