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Stock Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

Palatin Technologies, Inc. (AMEX:PTN)

Long-Term Downtrend (-90) - PTN is in a strong downtrend that is likely to continue. While PTN is showing intraday strength, it remains in the confines of a bearish trend. 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.

AMEX_PTN
Open High Low PTN Price Change
0.435000 0.438900 0.400400 0.412749 -0.022251
Entry Signal

MarketClub’s Trade Triangles for PTN

long term down The long-term trend has been DOWN since Apr 12th, 2021 at 0.60050

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 0.45015

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 0.41500

Smart Scan Analysis for PTN

Based on our trend formula, PTN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for PTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.435000 0.438900 0.400400 0.412749 -0.022251
Prev. Close Volume Bid Ask Time
0.414500 1818264 2021-10-22 15:59:49
Year High1.59Year High Date2018-04-10
Year Low0.6771Year Low Date2018-11-27
52wk High1.352wk High Date2021-02-10
52wk Low0.37552wk Low Date2020-10-28
Year End Close0.5999Average Volume776,608
Shares Outstanding231,258Short Interest48,852
% Institutional42.3Market Cap214M
Assets67,296,587MLiabilities17,645,215M
P/E Ratio-4.7008Beta1.54
Volatility68.06
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