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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.

Open High Low PTN Price Change
1.54 1.64 1.54 1.57 -0.02
Entry Signal

MarketClub’s Trade Triangles for PTN

long term down The long-term trend has been DOWN since Sep 19th, 2023 at 1.8200

intermediate term down The intermediate-term trend has been DOWN since Aug 28th, 2023 at 2.0800

short term up 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).

Smart Scan Analysis for PTN
Strong Downtrend Sideways 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 High1.59Year High Date2018-04-10
Year Low0.6771Year Low Date2018-11-27
52wk High7.852wk High Date2022-09-22
52wk Low1.5852wk Low Date2023-09-21
Year End Close0.5999Average Volume72,766
Shares Outstanding11,523Short Interest48,852
% Institutional42.3Market Cap214M
P/E Ratio-1.25500000Beta1.54
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