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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 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.

Open High Low PTN Price Change
1.87 1.91 1.81 1.87 +0.05
Entry Signal

MarketClub’s Trade Triangles for PTN

long term down The long-term trend has been DOWN since Mar 6th, 2024 at 1.8500

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2024 at 1.9200

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 1.8136

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).

Smart Scan Analysis for PTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.87 1.91 1.81 1.87 +0.05
Prev. Close Volume Bid Ask Time
1.82 236933 2024-04-16 15:58:49
Year High1.59Year High Date2018-04-10
Year Low0.6771Year Low Date2018-11-27
52wk High5.6552wk High Date2024-01-29
52wk Low1.4352wk Low Date2023-09-28
Year End Close0.5999Average Volume864,293
Shares Outstanding13,737Short Interest48,852
% Institutional42.3Market Cap214M
P/E Ratio-1.25500000Beta1.54
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