DCTH Technical Analysis - DELCATH SYSTEMS INC

Technical Rating and Analysis

Overall DCTH gets a technical rating of 1 out of 10. DCTH has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

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.

DCTH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

When compared to the yearly performance of all other stocks, DCTH outperforms 58% of them, which is more or less in line with the market.

DCTH is an average performer in the Health Care Equipment & Supplies industry, it outperforms 69% of 191 stocks in the same industry.

In the last month DCTH has a been trading in the 10.43 - 12.04 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

DELCATH SYSTEMS INC / DCTH Weekly stock chart

DELCATH SYSTEMS INC / DCTH Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, DCTH does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.45. Right above this resistance zone may be a good entry point.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

9.90

11.88

We found 4 important support areas.

A support zone ranging from 10.92 to 11.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Support @10.68 from a trend line in the weekly time frame.
Support @10.32 from a trend line in the weekly time frame.
A support zone ranging from 10.00 to 10.00. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

A resistance zone ranging from 11.45 to 11.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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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	58.91	NEUTRAL	DCTH is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of DCTH is above a declining 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)	51.29	NEUTRAL	The RSI value for DCTH is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.03	NEGATIVE	The MACD value suggests DCTH has a negative trend, although the MACD value is rising.
Stochastics (14,3)	22.44	NEUTRAL	The Stochastics value for DCTH is a neutral value.
Average True Range in percent/ATR (20)	4.17	MEDIUM VOLATILITY	The ATR as a percentage value for DCTH suggests some volalility.
Average Directional Index/ADX (14)	19.57	NEGATIVE	The low ADX value for DCTH suggests a weak or negative trend.