PALATIN TECHNOLOGIES INC (PTN)
US6960775020 - Common Stock
We assign a technical rating of 2 out of 10 to PTN. In the past year, PTN was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
95% of all other stocks performed better in the past year than PTN.
PTN is one of the lesser performing stocks in the Biotechnology industry. 70% of 568 stocks in the same industry do better.
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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month PTN has a been trading in the 0.72 - 1.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of PTN is bad and it also does not present a quality setup 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
0.96
1.09
2 important resistance areas can be observed.
- A resistance zone ranging from 1.03 to 1.04. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.91
Mansfield-5.43
10 Day High1.2
10 Day Low0.75
20 Day High1.26
20 Day Low0.72
52 Week High5.65
52 Week Low0.68
Performance
1 Week10.62%
2 Weeks7.1%
1 Month3.13%
3 Month-24.38%
6 Month-48.79%
12 Month-66.39%
2 Year-62.19%
3 Year-92.43%
5 Year-95.05%
10 Year-94.7%
15 Year-89.54%
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
RSI(14)50.77
LBB0.75
UBB1.06
PALATIN TECHNOLOGIES INC
NYSEARCA:PTN (12/20/2024, 8:04:01 PM)
After market: 1.04 +0.07 (+7.45%)0.9679
+0.11 (+12.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg12.55%
1 Week10.62%
2 Weeks7.1%
1 Month3.13%
3 Month-24.38%
6 Month-48.79%
12 Month-66.39%
2 Year-62.19%
3 Year-92.43%
5 Year-95.05%
10 Year-94.7%
15 Year-89.54%
Volatility
ATR(14)0.13
ATR(20)%13.73%
ATR Inc109.26%
Range Today0.28
ADR(20)0.13
ADR(20)%13.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.91
Mansfield-5.43
10 Day High1.2
10 Day Low0.75
20 Day High1.26
20 Day Low0.72
52 Week High5.65
52 Week Low0.68
CS1 EndN/A
CR1 Start1.03
Volume & EV
DER(3)-8.33%
DER(5)-3.73%
Volume2.96M
Volume Incr176.31%
Vol(5)1.01M
Vol(50)368.27K