ALPHA TAU MEDICAL LTD (DRTS) Technical Analysis
NASDAQ:DRTS • IL0011839383
Current stock price
DRTS Technical Rating and Analysis
Taking everything into account, DRTS scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- 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.
- When comparing the yearly performance of all stocks, we notice that DRTS is one of the better performing stocks in the market, outperforming 97% of all stocks. On top of that, DRTS also shows a nice and consistent pattern of rising prices.
- DRTS is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 98% of 189 stocks in the same industry.
- DRTS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DRTS is performing more or less in line with the market.
- In the last month DRTS has a been trading in the 6.10 - 8.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
DRTS Weekly and Daily overview Charts
DRTS Setup Rating and Analysis
DRTS has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
DRTS Support and Resistance Analysis
4.00
We found 4 important support areas.
- Support @6.82 from a trend line in the daily time frame.
- A support zone ranging from 6.40 to 6.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.39 from a trend line in the weekly time frame.
- Support @4.04 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.12 to 7.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.48 from a horizontal line in the daily time frame.
DRTS 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 | 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 | 97.65 | POSITIVE | DRTS has a high relative strength, it outperformed 97.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DRTS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of DRTS is below 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) | 48.51 | NEUTRAL | The RSI value for DRTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests DRTS has a negative trend. |
| Stochastics (14,3) | 66.43 | NEUTRAL | The Stochastics value for DRTS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.4 | HIGH VOLATILITY | The high ATR as a percentage value for DRTS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.09 | NEGATIVE | The low ADX value for DRTS suggests a weak or negative trend. |
DRTS Chart- and CandleStick Pattern Analysis
DRTS Technicals: Chart, Performance Metrics, Trend & Indicators
7.07
-0.25 (-3.42%)
ALPHA TAU MEDICAL LTD / DRTS TA 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 48.5071. 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 -0.00957023, indicating a bearish trend.
What is the short term momentum for DRTS stock?
The short term momentum for ALPHA TAU MEDICAL LTD (DRTS) is neutral.