Overall DCTH gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. DCTH was also a bad performer in the overall market in the last year.
Although the technical rating is bad, DCTH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.03, a Stop Loss order could be placed below this zone.
More info and screens
8.54
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.77 to 10.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- 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 2 important areas.
- A resistance zone ranging from 10.07 to 10.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | 21.92 | NEGATIVE | DCTH has a low relative strength, it was outperformed by 78.08% 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) | 55.9 | NEUTRAL | The RSI value for DCTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DCTH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.38 | NEUTRAL | The Stochastics value for DCTH is a neutral value. |
| Average True Range in percent/ATR (20) | 4.64 | MEDIUM VOLATILITY | The ATR as a percentage value for DCTH suggests some volalility. |
| Average Directional Index/ADX (14) | 17.18 | NEGATIVE | The low ADX value for DCTH suggests a weak or negative trend. |
10.06
+0.13 (+1.31%)
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 55.9046. 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 0.0444361, 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.