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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than DMTK.
- DMTK is one of the lesser performing stocks in the Biotechnology industry. 93% of 518 stocks in the same industry do better.
- DMTK is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DMTK is lagging the market.
- 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.
What is the trend direction for DMTK stock?
The current trend direction for DERMTECH INC (DMTK) is Bearish.
What is the RSI signal for DMTK stock?
DERMTECH INC (DMTK) has an RSI value of 17.2979. This indicates that the stock is currently oversold.
What is the MACD signal for DMTK stock?
The MACD indicator for DERMTECH INC (DMTK) has a value of -0.0130229, indicating a bearish trend.
What is the buy/sell signal for DERMTECH INC (DMTK) stock?
The buy/sell signal for DERMTECH INC (DMTK) is sell as both the short term and long term trends are negative.