We assign a technical rating of 8 out of 10 to DRTS. 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.
Besides having an excellent technical rating, DRTS also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.89, a Stop Loss order could be placed below this zone.
More info and screens
2.89
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.71 to 3.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.46 from a horizontal line in the daily time frame.
- Support @3.39 from a trend line in the daily time frame.
- Support @2.92 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @4.24 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 | 88.83 | POSITIVE | DRTS has a high relative strength, it outperformed 88.83% 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 | 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) | 51.16 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 55.15 | NEUTRAL | The Stochastics value for DRTS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.1 | HIGH VOLATILITY | The high ATR as a percentage value for DRTS suggests high volalility. |
| Average Directional Index/ADX (14) | 13.61 | NEGATIVE | The low ADX value for DRTS suggests a weak or negative trend. |
3.9
+0.25 (+6.85%)
ALPHA TAU MEDICAL LTD / DRTS FAQ
What is the technical rating for DRTS stock?
ChartMill assigns a technical rating of 8 / 10 to DRTS.
Can you provide the trend direction for ALPHA TAU MEDICAL LTD?
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 51.1639. This indicates that the stock is currently neutral.
What are the support and resistance levels for ALPHA TAU MEDICAL LTD (DRTS) stock?
ALPHA TAU MEDICAL LTD (DRTS) has a support level at 3.89 and a resistance level at 4.24. Check the full technical report for our detailed analysis of DRTS support and resistance levels.