DERMTECH INC (DMTK) Technical Analysis
NASDAQ:DMTK • US24984K1051
Current stock price
DMTK Technical Rating and Analysis
Taking everything into account, DMTK scores 0 out of 10 in our technical rating. DMTK'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, DMTK is a bad performer in the overall market: 100% of all stocks are doing better.
- DMTK is part of the Biotechnology industry. There are 516 other stocks in this industry, of which 93% are performing better than DMTK.
- DMTK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month DMTK has a been trading in the 0.09 - 0.36 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- DMTK has an average volume of 2130930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DMTK Weekly and Daily overview Charts
DMTK Setup Rating and Analysis
The technical rating of DMTK 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
DMTK Support and Resistance Analysis
DMTK 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 DMTK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DMTK is down. |
| ChartMill Relative Strength | 0.25 | NEGATIVE | DMTK has a low relative strength, it was outperformed by 99.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DMTK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DMTK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DMTK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 17.3 | OVERSOLD | The low RSI value suggests DMTK may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DMTK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.38 | OVERSOLD | The low Stochastics value suggests DMTK may be oversold. |
| Average True Range in percent/ATR (20) | 40.6 | HIGH VOLATILITY | The high ATR as a percentage value for DMTK suggests high volalility. |
| Average Directional Index/ADX (14) | 34.26 | POSITIVE | The high ADX value value for DMTK suggests a strong trend. |
DMTK Chart- and CandleStick Pattern Analysis
DMTK Technicals: Chart, Performance Metrics, Trend & Indicators
0.094
-0.01 (-11.32%)
DERMTECH INC / DMTK TA FAQ
What is the ChartMill technical rating of DERMTECH INC (DMTK) stock?
ChartMill assigns a technical rating of 0 / 10 to DMTK.
Can you provide the trend direction for DERMTECH INC?
The current trend direction for DERMTECH INC (DMTK) is Bearish.
What is the RSI signal for DERMTECH INC (DMTK) stock?
DERMTECH INC (DMTK) has an RSI value of 17.2979. This indicates that the stock is currently oversold.
What is the short term momentum for DERMTECH INC (DMTK) stock?
The short term momentum for DERMTECH INC (DMTK) is negative.