Stock Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
Palatin Technologies, Inc (AMEX:PTN)
Strong Downtrend (-100) - PTN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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 Apr 12th, 2021 at 0.6005
The intermediate-term trend has been DOWN since Feb 17th, 2021 at 0.8500
The short-term trend has been DOWN since Apr 6th, 2021 at 0.6822
Smart Scan Analysis for PTN
Based on our trend formula, PTN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||1.59||Year High Date||2018-04-10|
|Year Low||0.6771||Year Low Date||2018-11-27|
|52wk High||1.3||52wk High Date||2021-02-10|
|52wk Low||0.375||52wk Low Date||2020-10-28|
|Year End Close||0.5999||Average Volume||1,703,821|
|Shares Outstanding||230,034||Short Interest||48,852|
|% Institutional||42.3||Market Cap||214M|