PALATIN TECHNOLOGIES INC (PTN) Technical Analysis
NYSEARCA:PTN • US6960776010
Current stock price
PTN Technical Rating and Analysis
Overall PTN gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- Warning: PTN has an average volume of 16360 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- PTN is part of the Biotechnology industry. There are 516 other stocks in this industry. PTN outperforms 99% of them.
- In the last month PTN has a been trading in the 17.02 - 22.81 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, PTN did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- PTN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so PTN is lagging the market.
PTN Weekly and Daily overview Charts
PTN Setup Rating and Analysis
Although PTN has an excellent technical rating, it does not present a decent entry opportunity 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
PTN Support and Resistance Analysis
17.54
3 important support areas can be observed.
- Support @18.39 from a trend line in the weekly time frame.
- Support @18.09 from a trend line in the daily time frame.
- Support @17.72 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.07 to 22.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
PTN Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for PTN is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for PTN is neutral. |
| ChartMill Relative Strength | 99.86 | POSITIVE | PTN has a high relative strength, it outperformed 99.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PTN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of PTN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of PTN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.52 | NEUTRAL | The RSI value for PTN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests PTN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.71 | NEUTRAL | The Stochastics value for PTN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.03 | HIGH VOLATILITY | The high ATR as a percentage value for PTN suggests high volalility. |
| Average Directional Index/ADX (14) | 17.18 | NEGATIVE | The low ADX value for PTN suggests a weak or negative trend. |
PTN Chart- and CandleStick Pattern Analysis
PTN Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:PTN (4/23/2026, 8:04:00 PM)
20.55
-1.77 (-7.95%)
PALATIN TECHNOLOGIES INC / PTN TA FAQ
What is the technical rating for PTN stock?
ChartMill assigns a technical rating of 7 / 10 to PTN.
What is the trend direction for PTN stock?
The current trend direction for PALATIN TECHNOLOGIES INC (PTN) is Bullish.
What is the RSI signal for PTN stock?
PALATIN TECHNOLOGIES INC (PTN) has an RSI value of 50.5233. This indicates that the stock is currently neutral.
What is the MACD signal for PALATIN TECHNOLOGIES INC (PTN) stock?
The MACD indicator for PALATIN TECHNOLOGIES INC (PTN) has a value of 0.28344, indicating a bearish trend.
Can you provide the support and resistance levels for PALATIN TECHNOLOGIES INC?
PALATIN TECHNOLOGIES INC (PTN) has a support level at 18.39 and a resistance level at 22.07. Check the full technical report for our detailed analysis of PTN support and resistance levels.