PALATIN TECHNOLOGIES INC (PTN)
US6960775020 - Common Stock
We assign a technical rating of 1 out of 10 to PTN. PTN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, PTN is a bad performer in the overall market: 92% of all stocks are doing better.
PTN is part of the Biotechnology industry. There are 564 other stocks in this industry, of which 73% are performing better than PTN.
PTN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so PTN is lagging the market.
In the last month PTN has a been trading in the 0.83 - 1.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
PTN has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.17
1.28
When analyzing the support we notice one important area.
- A support zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- Resistance @1.19 from a trend line in the daily time frame.
- Resistance @1.21 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.23 to 1.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.27 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.97
Mansfield-4.79
10 Day High1.4
10 Day Low0.99
20 Day High1.4
20 Day Low0.83
52 Week High5.65
52 Week Low0.68
Performance
1 Week-1.65%
2 Weeks17.82%
1 Month30.77%
3 Month-12.5%
6 Month-48.03%
12 Month-40.5%
2 Year-69.87%
3 Year-93.34%
5 Year-94.23%
10 Year-94.33%
15 Year-80.96%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)57.67
LBB0.91
UBB1.31
PALATIN TECHNOLOGIES INC
NYSEARCA:PTN (11/4/2024, 8:04:01 PM)
After market: 1.1605 -0.03 (-2.48%)1.19
-0.01 (-0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.83%
1 Week-1.65%
2 Weeks17.82%
1 Month30.77%
3 Month-12.5%
6 Month-48.03%
12 Month-40.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%8.94%
ATR Inc
Range Today0.16
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High1.4
10 Day Low0.99
20 Day High1.4
20 Day Low0.83
52 Week High5.65
52 Week Low0.68
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume210.40K
Volume Incr91.38%
Vol(5)420.38K
Vol(50)301.28K