80wk Downtrend — falling+below (sma 12.66 vs px 8.60)
200wk Downtrend — falling+below (sma 66.62 vs px 8.60)
Short Attack — velZ +0.83 · age 44w×0.81 · 23.21%
Seasonal Headwind — october med -6.8% (mag 2/3) · posClose 28.57% (rel 2/3) · n28 ×1 = 11
About Palatin Technologies, Inc. Common Stock
Palatin Technologies, Inc., a biopharmaceutical company, develops first-in-class medicines based on molecules that modulate the activity of the melanocortin receptor system in the United States. It is developing oral small molecule PL7737 agonist in preclinical studies; long-acting peptide MC4R agonists; and Bremelanotide co-administration with Tirzepatide to treat obesity completed Phase 2 clinical trial; completed a phase 2 of diabetic nephropa… Read full Trend Edge analysis →
Sector: Healthcare
Industry: Biotechnology
Exchange: NASDAQ
IPO Date: October 28, 1993
Headquarters: 301 Carnegie Center Drive, Princeton, NJ, United States, 08540
Founder-Led: Yes — Carl Spana (Chief Executive Officer)
Key Metrics
Current Price
$8.60
Market Cap
$16.0M
Float
1.5M
Shares Outstanding
1.8M
P/E (Forward)
42.92
Price/Sales (TTM)
1.22
vs. Analyst Target
+522.1% to analyst PT
Profit Margin
-63.54%
Operating Margin (TTM)
-1469.50%
Revenue (TTM)
$13.2M
Dividend Rate
None
Analyst Target Price
$53.50 (3 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2021
-$188,597
-$33.6M
-$336,437
-$33.5M
2022
$1.5M
-$35.8M
$1.3M
-$36.5M
2023
$4.9M
-$27.5M
$4.4M
-$32.2M
2024
$4.5M
-$29.7M
$4.4M
-$29.4M
2025
N/A
-$17.3M
-$258,917
-$17.0M
2026
$13.2M
-$8.4M
$13.1M
-$8.7M
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Sep 2025
$8.8M
$4.7M
Dec 2025
$116,036
-$7.3M
Mar 2026
$3.9M
-$1.4M
Jun 2026
$300,770
-$4.4M
Ownership & Float
Insider Ownership
8.1%
Institutional Ownership
50.1%
Short Float
23.2%
% of All Funds Holding
0.30%
Number of Funds Holding
26
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$10.07
Near-term / short-term trend
Weekly
40-Week SMA
$14.77
Medium-term trend
Weekly
80-Week SMA
$12.66
Cyclical trend (business cycle)
Weekly
200-Week SMA
$66.62
Secular trend (multi-year)
Monthly
10-Month SMA
$13.32
Near-term monthly trend
Monthly
20-Month SMA
$12.72
Medium-term monthly trend
Monthly
40-Month SMA
$52.60
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$6.50
support
2.20x
10 months ago
$28.00
resistance
5.42x
17 months ago
$45.00
resistance
1.83x
18 months ago
$81.00
resistance
1.01x
24 months ago
Historical Earnings Reactions (93 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
0.55%
0.00%
48.39%
12.67%
-11.94%
1 Day
0.49%
0.00%
38.71%
26.39%
-16.67%
1 Week
2.38%
-1.77%
39.78%
111.30%
-25.98%
2 Weeks
1.64%
-1.92%
42.39%
84.91%
-37.14%
1 Month
0.25%
-4.88%
38.04%
95.56%
-50.16%
Next earnings: November 13, 2026 (33 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
6.6%
48.3%
29
Feb
2.4%
41.4%
29
Mar
-0.7%
44.8%
29
Apr
-0.7%
44.8%
29
May
1.5%
37.9%
29
Jun
-3.3%
34.5%
29
Jul
0.2%
37.9%
29
Aug
-4.9%
31.0%
29
Sep
-2.4%
41.4%
29
Oct
-1.4%
28.6%
28
Nov
9.6%
44.8%
29
Dec
-3.2%
24.1%
29
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
-0.24%
36.0%
1369
Tuesday
-0.10%
35.6%
1496
Wednesday
0.18%
38.4%
1496
Thursday
0.18%
38.9%
1466
Friday
0.22%
41.0%
1459
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 50.1%
Insider Transactions — Smart Summary
Total insider ownership: 8.1%
Founder-led management: Carl Spana (Chief Executive Officer)
Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Palatin Technologies, Inc. Common Stock
(PTN) powered by Claude Opus — Anthropic's most capable AI model.
The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit,
stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward.
Whether you are building a long position, initiating a short, or looking for a reversal setup,
AI Consult identifies the highest-probability signal from the current trend.