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Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Palatin Technologies, Inc. (AMEX:PTN)

Sidelines Mode (-55) - PTN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

AMEX_PTN
Open High Low PTN Price Change
1.0000 1.0800 0.9600 1.0705 +0.0805
Entry Signal

MarketClub’s Trade Triangles for PTN

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

intermediate term down The intermediate-term trend has been DOWN since Nov 15th, 2024 at 0.97

short term up The short-term trend has been UP since Dec 20th, 2024 at 0.88

Smart Scan Analysis for PTN

Based on our trend formula, PTN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0000 1.0800 0.9600 1.0705 +0.0805
Prev. Close Volume Bid Ask Time
0.9900 377681 2024-12-26 15:15:06
Year High1.59Year High Date2018-04-10
Year Low0.6771Year Low Date2018-11-27
52wk High5.6552wk High Date2024-01-29
52wk Low0.6852wk Low Date2024-09-27
Year End Close0.5999Average Volume591,247
Shares Outstanding19,548Short Interest48,852
% Institutional42.3Market Cap214M
Assets3,415,259MLiabilities11,100,864M
P/E Ratio-1.25500000Beta1.54
Volatility68.06
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