PALATIN TECHNOLOGIES INC stock forecast: down to 0.50 USD PTN stock price prognosis

STOCK

Forecast for Fri 28 Jan 2022 price 0.61

PALATIN TECHNOLOGIES INC stock price forecast for further price development down to -3.91% (time horizon: 1 day) and price target of 0.50 USD. Short-term (time horizon: 2 weeks) PALATIN TECHNOLOGIES INC share price prediction for 2022-01-28 with daily closed price projections

Key Facts

Symbol PTN 

ISIN US6960774031 

CUSIP 696077403


Currency USD


Category Pharmaceutical Preparations

Forecast price change %

Finance numbers

Revenue 109,351.0


Earnings per share -0.10


On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.

Summerized Form 10-K with GPT-2

xA0; Melanocortin Receptor System. PL8177 is a cyclic peptide comprised of seven amino acids. There are no reported MC1r agonist drugs in clinical trials for non-infectious uveitis. xA0; PL9643 for Anti-Inflammatory Ocular Indications. The presumptive term of the issued patents and pending patent applications is until 2030. Patent litigation is costly and time consuming. xA0;   7     Proprietary Information. Similar restrictive requirements also apply in other countries. These phases may sometimes overlap or be combined. In addition, recent health care reform legislation has strengthened these laws. Flibanserin, sold under the trade name Addyi, is similarly classified as a Tier 3 drug. The reference to our website is an inactive textual reference only. &# Engaging a third party to perform these services could impede sales of Vyleesi. We may not be able to enter into suitable agreements on acceptable terms, if at all. Cyberattacks are increasing in their frequency, sophistication and intensity. Congress may consider other legislation to repeal or replace elements of the ACA. xA0; We are incorporated in Delaware.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/911216/000165495420010471/0001654954-20-010471.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 42.36/100
    • Not in ideal financial position.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
MILLENNIUM MANAGEMENT LLC 2021-03-31 19054
BRIDGEWAY CAPITAL MANAGEMENT, LLC 2021-03-31 1249100
Spire Wealth Management 2021-06-30 62900
JAMES INVESTMENT RESEARCH INC 2021-06-30 120940
Fortress Investment Group LLC 2021-03-31 9788

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Fidelity Concord Street Trust 2021-05-31 273268 Long
Fidelity Concord Street Trust 2021-04-30 34369 Long
SCHWAB CAPITAL TRUST 2021-04-30 56900 Long
Fidelity Concord Street Trust 2021-05-31 172465 Long
Fidelity Concord Street Trust 2021-04-30 38374 Long

PALATIN TECHNOLOGIES INC Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.


On-Balance Volume information for PALATIN TECHNOLOGIES INC. On-Balance Volume information can be an indicator for bullish or bearish outcome.


Accumulation / Distribution (A/D) indicator information for PALATIN TECHNOLOGIES INC. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for PALATIN TECHNOLOGIES INC. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for PALATIN TECHNOLOGIES INC. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for PALATIN TECHNOLOGIES INC. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for PALATIN TECHNOLOGIES INC. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for PALATIN TECHNOLOGIES INC. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


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PALATIN TECHNOLOGIES INC on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2021-12-06 0.50 2021-12-04 10:52
2021-12-07 0.47 2021-12-04 10:52
2021-12-08 0.53 2021-12-04 10:52
2021-12-09 0.51 2021-12-04 10:52
2021-12-10 0.53 2021-12-04 10:52
2021-12-13 0.53 2021-12-04 10:52
2021-12-14 0.53 2021-12-04 10:52
2021-12-15 0.54 2021-12-04 10:52
2021-12-16 0.57 2021-12-04 10:52
2021-12-17 0.62 2021-12-04 10:52
2021-12-20 0.63 2021-12-04 10:52
2021-12-21 0.64 2021-12-04 10:52
2021-12-22 0.63 2021-12-04 10:52
2021-12-23 0.63 2021-12-04 10:52
2021-12-24 0.60 2021-12-04 10:52
2021-12-27 0.58 2021-12-04 10:52
2021-12-28 0.57 2021-12-04 10:52
2021-12-29 0.56 2021-12-04 10:52
2021-12-30 0.57 2021-12-04 10:52
2021-12-31 0.57 2021-12-04 10:52
2022-01-03 0.58 2021-12-04 10:52
2022-01-04 0.58 2021-12-04 10:52
2022-01-05 0.59 2021-12-04 10:52
2022-01-06 0.60 2021-12-04 10:52
2022-01-07 0.61 2021-12-04 10:52
2022-01-10 0.62 2021-12-04 10:52
2022-01-11 0.62 2021-12-04 10:52
2022-01-12 0.62 2021-12-04 10:52
2022-01-13 0.62 2021-12-04 10:52
2022-01-14 0.61 2021-12-04 10:52
2022-01-17 0.60 2021-12-04 10:52
2022-01-18 0.60 2021-12-04 10:52
2022-01-19 0.59 2021-12-04 10:52
2022-01-20 0.59 2021-12-04 10:52
2022-01-21 0.59 2021-12-04 10:52
2022-01-24 0.59 2021-12-04 10:52
2022-01-25 0.60 2021-12-04 10:52
2022-01-26 0.60 2021-12-04 10:52
2022-01-27 0.61 2021-12-04 10:52
2022-01-28 0.61 2021-12-04 10:52