Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
Palatin Technologies, Inc. (AMEX:PTN)
Countertrend Down (-85) - PTN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for PTN
The long-term trend has been DOWN since Sep 19th, 2023 at 1.8200
The intermediate-term trend has been DOWN since Aug 28th, 2023 at 2.0800
The short-term trend has been UP since Sep 15th, 2023 at 2.0762
Smart Scan Analysis for PTN
Based on our trend formula, PTN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.54 | 1.64 | 1.54 | 1.57 | -0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.59 | 14433 | 2023-09-22 09:38:15 |
| Year High | 1.59 | Year High Date | 2018-04-10 |
| Year Low | 0.6771 | Year Low Date | 2018-11-27 |
| 52wk High | 7.8 | 52wk High Date | 2022-09-22 |
| 52wk Low | 1.58 | 52wk Low Date | 2023-09-21 |
| Year End Close | 0.5999 | Average Volume | 72,766 |
| Shares Outstanding | 11,523 | Short Interest | 48,852 |
| % Institutional | 42.3 | Market Cap | 214M |
| Assets | 25,608,896M | Liabilities | 16,016,394M |
| P/E Ratio | -1.25500000 | Beta | 1.54 |
| Volatility | 68.06 |