DELCATH SYSTEMS INC (DCTH) Stock Technical Analysis
NASDAQ:DCTH - US24661P8077 - Common Stock
11.1 USD
+0.2 (+1.83%)
11.18 USD
+0.08 (+0.72%)
We assign a technical rating of 1 out of 10 to DCTH. DCTH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, DCTH is a bad performer in the overall market: 83% of all stocks are doing better.
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.
In the last month DCTH has a been trading in the 9.87 - 11.35 range, which is quite wide. It is currently trading near the high of this range.
DCTH is an average performer in the Health Care Equipment & Supplies industry, it outperforms 52% of 190 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
DCTH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.11. Right above this resistance zone may be a good entry point.
More info and screens
9.90
11.24
When analyzing the support we can see 3 important areas.
- A support zone ranging from 10.72 to 10.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @10.35 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.11 to 11.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 17.15 | NEGATIVE | DCTH has a low relative strength, it was outperformed by 82.85% 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 | NEGATIVE | The current price of DCTH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of DCTH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.36 | NEUTRAL | The RSI value for DCTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests DCTH has a positive trend. |
| Stochastics (14,3) | 70.28 | NEUTRAL | The Stochastics value for DCTH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.45 | MEDIUM VOLATILITY | The ATR as a percentage value for DCTH suggests some volalility. |
| Average Directional Index/ADX (14) | 25.4 | POSITIVE | The high ADX value value for DCTH suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
11.1
+0.2 (+1.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.83%
1 Week1.46%
2 Weeks7.45%
1 Month4.32%
3 Month-32.23%
6 Month-14.62%
12 Month14.79%
2 Year174.07%
3 Year246.88%
5 Year-4.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%4.45%
ATR Inc-35.88%
Range Today0.29
ADR(20)0.48
ADR(20)%4.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.15
Mansfield-1.82
10 Day High11.35
10 Day Low10.25
20 Day High11.35
20 Day Low9.87
52 Week High18.23
52 Week Low8.08
CS1 End10.73
CR1 Start11.11
Volume & EV
DER(3)-2.98%
DER(5)-0.26%
Volume299.00K
Volume Incr-56.92%
Vol(5)358.46K
Vol(50)809.19K