PALATIN TECHNOLOGIES INC (PTN) Stock Technical Analysis
NYSEARCA:PTN - American Stock Exchange - US6960775020 - Common Stock
Taking everything into account, PTN scores 1 out of 10 in our technical rating. PTN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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.
94% of all other stocks performed better in the past year than PTN.
PTN is one of the lesser performing stocks in the Biotechnology industry. 61% of 572 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month PTN has a been trading in the 0.75 - 1.45 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
0.88
1.31
2 important support areas can be observed.
- A support zone ranging from 1.05 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.89 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.11 to 1.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.19 from a trend line in the weekly time frame.
- A resistance zone ranging from 1.29 to 1.30. This zone is formed by a combination of multiple trend lines 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
CRS6.78
Mansfield-4.05
10 Day High1.45
10 Day Low1.03
20 Day High1.45
20 Day Low0.75
52 Week High5.65
52 Week Low0.68
Performance
1 Week-0.9%
2 Weeks-19.71%
1 Month46.67%
3 Month0.92%
6 Month-35.29%
12 Month-74.6%
2 Year-72.36%
3 Year-90.15%
5 Year-93.25%
10 Year-93.8%
15 Year-84.83%
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)-0.01
RSI(14)50.88
LBB0.98
UBB1.36
PALATIN TECHNOLOGIES INC
NYSEARCA:PTN (1/21/2025, 8:22:13 PM)
After market: 1.12 +0.02 (+1.82%)1.1
+0.04 (+3.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.77%
1 Week-0.9%
2 Weeks-19.71%
1 Month46.67%
3 Month0.92%
6 Month-35.29%
12 Month-74.6%
2 Year-72.36%
3 Year-90.15%
5 Year-93.25%
10 Year-93.8%
15 Year-84.83%
Volatility
ATR(14)0.14
ATR(20)%12.98%
ATR Inc-58.72%
Range Today0.07
ADR(20)0.14
ADR(20)%12.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.78
Mansfield-4.05
10 Day High1.45
10 Day Low1.03
20 Day High1.45
20 Day Low0.75
52 Week High5.65
52 Week Low0.68
CS1 End1.05
CR1 Start1.11
Volume & EV
DER(3)4.72%
DER(5)10.91%
Volume229.20K
Volume Incr-47.45%
Vol(5)302.04K
Vol(50)423.85K