Stock Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
PALATIN TECHNOLOGIES (AMEX:PTN)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for PTN
The long term trend has been UP since May 10th, 2017 at 0.4799
The intermediate term trend has been UP since Mar 19th, 2018 at 0.9996
The short term trend has been DOWN since Apr 18th, 2018 at 1.3900
Smart Scan Analysis for PTN
Based on a pre-defined weighted trend formula for chart analysis, PTN scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1.59||Year High Date||2018-04-10|
|Year Low||0.8267||Year Low Date||2018-02-06|
|52wk High||1.59||52wk High Date||2018-04-10|
|52wk Low||0.3376||52wk Low Date||2017-06-16|
|Year End Close||0.5999||Average Volume||3,478,066|
|Shares Outstanding||38,948||Short Interest||48,852|