We assign a technical rating of 2 out of 10 to DCTH. In the past year, DCTH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The technical rating of DCTH is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
8.54
2 important support areas can be observed.
- Support @8.97 from a trend line in the weekly time frame.
- Support @8.63 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.38 to 10.40. 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 | UP | POSITIVE | The short term trend for DCTH is up. |
| ChartMill Relative Strength | 21.42 | NEGATIVE | DCTH has a low relative strength, it was outperformed by 78.58% 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) | 56.49 | NEUTRAL | The RSI value for DCTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests DCTH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.81 | NEUTRAL | The Stochastics value for DCTH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for DCTH suggests some volalility. |
| Average Directional Index/ADX (14) | 19.43 | NEGATIVE | The low ADX value for DCTH suggests a weak or negative trend. |
10.08
-0.29 (-2.8%)
DELCATH SYSTEMS INC / DCTH FAQ
What is the ChartMill technical rating of DELCATH SYSTEMS INC (DCTH) stock?
ChartMill assigns a technical rating of 2 / 10 to DCTH.
What is the trend direction for DCTH stock?
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 56.4935. This indicates that the stock is currently neutral.
What is the MACD signal for DCTH stock?
The MACD indicator for DELCATH SYSTEMS INC (DCTH) has a value of 0.134472, indicating a bearish trend.
What is the short term momentum for DELCATH SYSTEMS INC (DCTH) stock?
The short term momentum for DELCATH SYSTEMS INC (DCTH) is positive.