Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

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
1.72 1.74 1.66 1.71 -0.02
Entry Signal

MarketClub’s Trade Triangles for PTN

long term down The long-term trend has been DOWN since Mar 6th, 2024 at 1.8500

intermediate term up The intermediate-term trend has been UP since Apr 8th, 2024 at 1.9200

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 1.8136

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
1.72 1.74 1.66 1.71 -0.02
Prev. Close Volume Bid Ask Time
1.73 75250 2024-04-25 15:59:50
Year High1.59Year High Date2018-04-10
Year Low0.6771Year Low Date2018-11-27
52wk High5.6552wk High Date2024-01-29
52wk Low1.4352wk Low Date2023-09-28
Year End Close0.5999Average Volume855,691
Shares Outstanding13,737Short Interest48,852
% Institutional42.3Market Cap214M
Assets13,554,753MLiabilities24,939,179M
P/E Ratio-1.25500000Beta1.54
Volatility68.06
Get a free daily analysis and signals for Palatin Technologies, Inc. (PTN) - Request Your Free Report.