We assign a technical rating of 10 out of 10 to DRTS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DRTS is showing a nice and steady performance.
Although DRTS has an excellent technical rating, it does not present a decent entry opportunity 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.
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2.94
When analyzing the support we can see 5 important areas.
- Support @4.80 from a horizontal line in the daily time frame.
- Support @3.94 from a trend line in the weekly time frame.
- Support @3.63 from a trend line in the daily time frame.
- Support @3.51 from a trend line in the daily time frame.
- Support @2.97 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.08 to 5.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 92.21 | POSITIVE | DRTS has a high relative strength, it outperformed 92.21% 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) | 64.28 | NEUTRAL | The RSI value for DRTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests DRTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.62 | OVERBOUGHT | The high Stochastics value suggests DRTS may be overbought. |
| Average True Range in percent/ATR (20) | 6.56 | HIGH VOLATILITY | The high ATR as a percentage value for DRTS suggests high volalility. |
| Average Directional Index/ADX (14) | 33.21 | POSITIVE | The high ADX value value for DRTS suggests a strong trend. |
5.05
-0.03 (-0.59%)
ALPHA TAU MEDICAL LTD / DRTS FAQ
What is the technical rating for DRTS stock?
ChartMill assigns a technical rating of 10 / 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 64.2841. This indicates that the stock is currently neutral.
What is the buy/sell signal for ALPHA TAU MEDICAL LTD (DRTS) stock?
The buy/sell signal for ALPHA TAU MEDICAL LTD (DRTS) is buy as both the short term and long term trends are positive.
What is the support and resistance level for DRTS stock?
ALPHA TAU MEDICAL LTD (DRTS) has a support level at 4.8 and a resistance level at 5.08. Check the full technical report for our detailed analysis of DRTS support and resistance levels.