ALPHA TAU MEDICAL LTD (DRTS) Stock Technical Analysis
NASDAQ:DRTS - Nasdaq - IL0011839383 - Common Stock - Currency: USD
Taking everything into account, DRTS scores 6 out of 10 in our technical rating. DRTS was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
DRTS is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 80% of 187 stocks in the same industry.
In the last month DRTS has a been trading in the 2.81 - 3.32 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Looking at the yearly performance, DRTS did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
DRTS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DRTS is lagging the market.
DRTS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.99, a Stop Loss order could be placed below this zone.
More info and screens
2.55
3.30
4 important support areas can be observed.
- A support zone ranging from 2.86 to 2.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.80 from a horizontal line in the daily time frame.
- Support @2.65 from a trend line in the weekly time frame.
- Support @2.58 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.03 from a horizontal line in the weekly time frame.
- Resistance @3.27 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for DRTS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DRTS is neutral. |
| ChartMill Relative Strength | 82.3 | POSITIVE | DRTS has a high relative strength, it outperformed 82.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DRTS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DRTS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DRTS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.87 | NEUTRAL | The RSI value for DRTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests DRTS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.41 | NEUTRAL | The Stochastics value for DRTS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.61 | HIGH VOLATILITY | The high ATR as a percentage value for DRTS suggests high volalility. |
| Average Directional Index/ADX (14) | 22.31 | NEUTRAL | The ADX value for DRTS suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.04 | 2.85 | 0.19 (6.25%) | 16.00% |
| An entry @3.04. This is a Buy Stop order right above the resistance zone. | An exit @2.85. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.19 points, which is 6.25%. | For a 1.00% total portfolio risk, you can invest 16.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of DRTS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:DRTS (6/25/2025, 8:00:02 PM)
3
+0.03 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.01%
1 Week1.35%
2 Weeks-2.91%
1 Month-2.28%
3 Month17.19%
6 Month-2.91%
12 Month18.58%
2 Year-31.35%
3 Year-66.7%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%5.61%
ATR Inc-5.57%
Range Today0.14
ADR(20)0.17
ADR(20)%5.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.3
Mansfield0.65
10 Day High3.15
10 Day Low2.85
20 Day High3.32
20 Day Low2.81
52 Week High4.39
52 Week Low1.93
CS1 End2.99
CR1 Start3.03
Volume & EV
DER(3)-11.69%
DER(5)-5.38%
Volume16.50K
Volume Incr-47.14%
Vol(5)28.00K
Vol(50)42.45K