Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Palatin Technologies, Inc. (AMEX:PTN)

Crossroads (+60) - PTN is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PTN?

MarketClub looks at technical strength and momentum to determine if the timing is right for PTN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	PTN Price	Change
2.080	2.100	2.030	2.065	-0.015
Entry Signal

MarketClub’s Trade Triangles for PTN

The long-term trend has been DOWN since Mar 6th, 2024 at 1.85

The intermediate-term trend has been UP since Apr 8th, 2024 at 1.92

The short-term trend has been UP since Apr 29th, 2024 at 1.83

Smart Scan Analysis for PTN

Based on our trend formula, PTN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
2.080	2.100	2.030	2.065	-0.015
Prev. Close	Volume	Bid	Ask	Time
2.080	71634			2024-05-08 15:57:35

Year High	1.59	Year High Date	2018-04-10
Year Low	0.6771	Year Low Date	2018-11-27
52wk High	5.65	52wk High Date	2024-01-29
52wk Low	1.43	52wk Low Date	2023-09-28
Year End Close	0.5999	Average Volume	246,082
Shares Outstanding	13,737	Short Interest	48,852
% Institutional	42.3	Market Cap	214M
Assets	13,554,753M	Liabilities	24,939,179M
P/E Ratio	-1.25500000	Beta	1.54
Volatility	68.06

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