We assign a technical rating of 9 out of 10 to DRTS. Both in the recent history as in the last year, DRTS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- DRTS is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 97% of 185 stocks in the same industry.
- DRTS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DRTS is lagging the market slightly.
- In the last month DRTS has a been trading in the 4.75 - 7.89 range, which is quite wide. It is currently trading near the high of this range.
- Looking at the yearly performance, DRTS did better than 96% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- Volume is considerably higher in the last couple of days.
Although DRTS has an excellent technical rating, it does not offer a high 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
3.70
We found 4 important support areas.
- Support @5.32 from a trend line in the daily time frame.
- A support zone ranging from 4.78 to 4.81. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.05 from a trend line in the weekly time frame.
- Support @3.74 from a trend 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 | UP | POSITIVE | The short term trend for DRTS is up. |
| ChartMill Relative Strength | 96.17 | POSITIVE | DRTS has a high relative strength, it outperformed 96.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DRTS is above the rising 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) | 67.67 | NEUTRAL | The RSI value for DRTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests DRTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.46 | OVERBOUGHT | The high Stochastics value suggests DRTS may be overbought. |
| Average True Range in percent/ATR (20) | 6.19 | HIGH VOLATILITY | The high ATR as a percentage value for DRTS suggests high volalility. |
| Average Directional Index/ADX (14) | 47.58 | POSITIVE | The high ADX value value for DRTS suggests a strong trend. |
7.12
-0.56 (-7.29%)
ALPHA TAU MEDICAL LTD / DRTS FAQ
What is the technical rating for DRTS stock?
ChartMill assigns a technical rating of 9 / 10 to DRTS.
What is the trend direction for DRTS stock?
The current trend direction for ALPHA TAU MEDICAL LTD (DRTS) is Bullish.
What is the RSI signal for DRTS stock?
ALPHA TAU MEDICAL LTD (DRTS) has an RSI value of 67.6721. This indicates that the stock is currently neutral.
What is the MACD signal for DRTS stock?
The MACD indicator for ALPHA TAU MEDICAL LTD (DRTS) has a value of 0.164136, indicating a bearish trend.
What is the short term momentum for DRTS stock?
The short term momentum for ALPHA TAU MEDICAL LTD (DRTS) is positive.