DELCATH SYSTEMS INC (DCTH) Technical Analysis
NASDAQ:DCTH • US24661P8077
Current stock price
DCTH Technical Rating and Analysis
Overall DCTH gets a technical rating of 1 out of 10. DCTH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 82% of all other stocks performed better in the past year than DCTH.
- DCTH is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so DCTH is lagging the market.
- In the last month DCTH has a been trading in the 8.48 - 10.22 range, which is quite wide. It is currently trading near the high of this range.
- DCTH is part of the Health Care Equipment & Supplies industry. There are 184 other stocks in this industry, DCTH did better than 51% of them.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DCTH Weekly and Daily overview Charts
DCTH Setup Rating and Analysis
DCTH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 10.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.79, a Stop Loss order could be placed below this zone.
More info and screens
DCTH Support and Resistance Analysis
8.50
We found 3 important support areas.
- A support zone ranging from 9.68 to 9.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.98 from a trend line in the weekly time frame.
- A support zone ranging from 8.59 to 8.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.01 to 10.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @10.54 from a horizontal line in the weekly time frame.
- Resistance @10.99 from a horizontal line in the daily time frame.
DCTH 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 | DOWN | NEGATIVE | The long term trend for DCTH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DCTH is neutral. |
| ChartMill Relative Strength | 18.83 | NEGATIVE | DCTH has a low relative strength, it was outperformed by 81.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DCTH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of DCTH is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DCTH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.09 | NEUTRAL | The RSI value for DCTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests DCTH has a positive trend. |
| Stochastics (14,3) | 63.11 | NEUTRAL | The Stochastics value for DCTH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for DCTH suggests some volalility. |
| Average Directional Index/ADX (14) | 14.18 | NEGATIVE | The low ADX value for DCTH suggests a weak or negative trend. |
DCTH Chart- and CandleStick Pattern Analysis
DCTH Technicals: Chart, Performance Metrics, Trend & Indicators
9.81
+0.36 (+3.81%)
DELCATH SYSTEMS INC / DCTH TA FAQ
What is the ChartMill technical rating of DELCATH SYSTEMS INC (DCTH) stock?
ChartMill assigns a technical rating of 1 / 10 to DCTH.
Can you provide the trend direction for DELCATH SYSTEMS INC?
The current trend direction for DELCATH SYSTEMS INC (DCTH) is Bearish.
What is the RSI signal for DCTH stock?
DELCATH SYSTEMS INC (DCTH) has an RSI value of 55.0912. This indicates that the stock is currently neutral.
What is the MACD signal for DELCATH SYSTEMS INC (DCTH) stock?
The MACD indicator for DELCATH SYSTEMS INC (DCTH) has a value of 0.0829876, indicating a bearish trend.