Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, February 19, 2020.

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
0.6000 0.6000 0.5810 0.5868 -0.0094
Entry Signal

MarketClub’s Trade Triangles for PTN

long term down The long-term trend has been DOWN since Jul 9th, 2019 at 0.9500

intermediate term down The intermediate-term trend has been DOWN since Dec 16th, 2019 at 0.7801

short term down The short-term trend has been DOWN since Feb 11th, 2020 at 0.6100

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
0.6000 0.6000 0.5810 0.5868 -0.0094
Prev. Close Volume Bid Ask Time
0.6857 1200063 2020-02-19 15:59:41
Year High1.59Year High Date2018-04-10
Year Low0.6771Year Low Date2018-11-27
52wk High1.7852wk High Date2019-06-24
52wk Low0.655152wk Low Date2019-01-29
Year End Close0.5999Average Volume1,339,043
Shares Outstanding229,116Short Interest48,852
% Institutional42.3Market Cap214M
Assets97,972,611MLiabilities1,850,348M
P/E Ratio4Beta1.54
Volatility68.06
Get a free daily analysis and signals for Palatin Technologies, Inc (PTN) - Request Your Free Report.