Technical Analysis for PTN - Palatin Technologies, Inc.

Grade Last Price % Change Price Change
D 0.91 -1.70% -0.02
PTN closed down 1.7 percent on Wednesday, November 20, 2024, on 54 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
NR7 Range Contraction -1.70%
Lower Bollinger Band Walk Weakness -1.70%
Inside Day Range Contraction -1.70%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 18 hours ago
Down 3% about 18 hours ago
Fell Below Previous Day's Low about 19 hours ago
60 Minute Opening Range Breakdown about 19 hours ago
Down 2 % about 21 hours ago

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Profile

Palatin Technologies, Inc., a biopharmaceutical company, engages in the development of peptide therapeutics for the treatment of diseases. Its drug development programs include Bremelanotide, a peptide melanocortin receptor agonist that is in Phase IIb clinical trials for the treatment of female sexual dysfunction; and PL-3994, a peptide mimetic natriuretic peptide receptor A agonist, which is in Phase I clinical trials for the treatment of cardiovascular and pulmonary indications, as well as melanocortin receptor-based compounds for treatment of obesity. The company was founded in 1986 and is based in Cranbury, New Jersey.
Classification

Sector: Healthcare
Industry: Diagnostics & Research
Keywords: Biopharmaceutical Disease Molecular Biology Drug Development Obesity Dysfunction Endocrine System Peptides Male Sexual Dysfunction Melanocortin Sexual Dysfunction

Is PTN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 5.65
52 Week Low 0.68
Average Volume 317,860
200-Day Moving Average 1.73
50-Day Moving Average 1.07
20-Day Moving Average 1.13
10-Day Moving Average 1.08
Average True Range 0.12
RSI (14) 37.11
ADX 19.12
+DI 18.93
-DI 22.67
Chandelier Exit (Long, 3 ATRs) 1.04
Chandelier Exit (Short, 3 ATRs) 1.26
Upper Bollinger Bands 1.35
Lower Bollinger Band 0.90
Percent B (%b) 0.03
BandWidth 39.99
MACD Line -0.03
MACD Signal Line 0.00
MACD Histogram -0.0329
Fundamentals Value
Market Cap 14.75 Million
Num Shares 16.1 Million
EPS -2.15
Price-to-Earnings (P/E) Ratio -0.43
Price-to-Sales 11.87
Price-to-Book 4.25
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.98
Resistance 3 (R3) 0.99 0.97 0.97
Resistance 2 (R2) 0.97 0.95 0.97 0.97
Resistance 1 (R1) 0.94 0.94 0.93 0.94 0.97
Pivot Point 0.92 0.92 0.92 0.92 0.92
Support 1 (S1) 0.89 0.90 0.88 0.89 0.86
Support 2 (S2) 0.87 0.89 0.87 0.86
Support 3 (S3) 0.85 0.87 0.86
Support 4 (S4) 0.84