DELCATH SYSTEMS INC (DCTH) Stock Technical Analysis
NASDAQ:DCTH • US24661P8077
Overall DCTH gets a technical rating of 0 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, DCTH is a bad performer in the overall market: 84% 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 8.90 - 11.15 range, which is quite wide. It is currently trading near the lows of this range.
- DCTH is an average performer in the Health Care Equipment & Supplies industry, it outperforms 47% of 186 stocks in the same industry.
DCTH has a poor technical rating and the quality of the setup is also only medium 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.
- A support zone ranging from 8.89 to 9.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.63 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 9.90 to 10.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.31 from a trend line in the daily time frame.
- Resistance @10.54 from a horizontal line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for DCTH is down. |
| ChartMill Relative Strength | 16.85 | NEGATIVE | DCTH has a low relative strength, it was outperformed by 83.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DCTH is below a declining 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) | DOWN | NEGATIVE | The current price of DCTH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.17 | NEUTRAL | The RSI value for DCTH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests DCTH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.52 | NEUTRAL | The Stochastics value for DCTH is a neutral value. |
| Average True Range in percent/ATR (20) | 5.47 | HIGH VOLATILITY | The high ATR as a percentage value for DCTH suggests high volalility. |
| Average Directional Index/ADX (14) | 14.49 | NEGATIVE | The low ADX value for DCTH suggests a weak or negative trend. |
9.31
+0.19 (+2.08%)
DELCATH SYSTEMS INC / DCTH FAQ
What is the ChartMill technical rating of DELCATH SYSTEMS INC (DCTH) stock?
ChartMill assigns a technical rating of 0 / 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 42.1664. 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 -0.078714, indicating a bearish trend.
Can you provide the buy/sell signal for DELCATH SYSTEMS INC?
The buy/sell signal for DELCATH SYSTEMS INC (DCTH) is sell as both the short term and long term trends are negative.