Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

Palatin Technologies, Inc. (AMEX:PTN)

Weak Downtrend (-65) - PTN is showing signs of a strengthening downtrend. Monitor PTN as it may be building momentum to the downside.

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
0.2720 0.2900 0.2720 0.2841 +0.0080
Entry Signal

MarketClub’s Trade Triangles for PTN

long term down The long-term trend has been DOWN since May 2nd, 2022 at 0.3650

intermediate term down The intermediate-term trend has been DOWN since Apr 21st, 2022 at 0.4000

short term up The short-term trend has been UP since Aug 5th, 2022 at 0.2799

Smart Scan Analysis for PTN

Based on our trend formula, PTN is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for PTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2720 0.2900 0.2720 0.2841 +0.0080
Prev. Close Volume Bid Ask Time
0.2761 712393 2022-08-11 15:59:58
Year High1.59Year High Date2018-04-10
Year Low0.6771Year Low Date2018-11-27
52wk High0.9652wk High Date2021-11-29
52wk Low0.251852wk Low Date2022-08-03
Year End Close0.5999Average Volume673,444
Shares Outstanding231,774Short Interest48,852
% Institutional42.3Market Cap214M
Assets43,816,905MLiabilities15,731,446M
P/E Ratio-4.70080000Beta1.54
Volatility68.06
Get a free daily analysis and signals for Palatin Technologies, Inc. (PTN) - Request Your Free Report.