RSI low/high Values: [ 20 - 80 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Delcath Systems stock downgraded from Strong Buy Candidate to Buy Candidate after Friday trading session.
(Updated on Feb 07, 2020)

Buy or Hold candidate since Jan 08, 2020 Loss -39.71% PDF

No changes to the price of Delcath Systems stock on the last trading day (Friday, 7th Feb 2020). During the last trading day the stock fluctuated 0% from a day low at $10.25 to a day high of $10.25. The price has fallen in 5 of the last 10 days and is down by -39.71% for this period.

The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $9.73 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 177.47% during the next 3 months and, with a 90% probability hold a price between $26.99 and $74.30 at the end of this 3-month period.

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DCTH Signals & Forecast

The Delcath Systems stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $11.53. On a fall, the stock will find some support from the long-term average at approximately $5.67. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Wednesday, February 05, 2020, and so far it has risen 23.49%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Delcath Systems stock

On the downside, the stock finds support just below today's level from accumulated volume at $8.30. With no support from accumulated volume below today's level the risk is increased, as a drop below the support at $ may give a huge drop in the stock price.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 7.11%

Our recommended stop-loss: $9.87 (-3.66%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (DCTH) For The Upcoming Trading Day Of Monday 10th

For the upcoming trading day on Monday, 10th we expect Delcath Systems to open at $10.25, and during the day (based on 14 day Average True Range), to move between $8.89 and $11.61, which gives a possible trading interval of +/-$1.36 (+/-13.27%) up or down from last closing price. If Delcath Systems takes out the full calculated possible swing range there will be an estimated 26.54% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $12.00 (17.07%) than the support at $8.30 (19.02%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Delcath Systems stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Delcath Systems stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

Current score: 4.823 Buy Candidate Downgraded

Predicted Opening Price for Delcath Systems of Monday, February 10, 2020

Fair opening price February 10, 2020 Current price
$10.25 ( 0%) $10.25

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for DCTH

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 10.25 .
R2 10.25 .
R1 10.25 .
Current price: 10.25
Support S1 10.25 .
S2 10.25 .
S3 10.25 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 12.00 17.07 %
Current price 10.25
Support S1 8.30 -19.02%
S2 0 .
S3 0 .

FAQ

What is the symbol for Delcath Systems Stock and on which exchange is it traded?
The symbol for Delcath Systems is DCTH and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Delcath Systems Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Delcath Systems stock to perform well in the short-term. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Strong Buy to a Buy candidate.

How to buy Delcath Systems Stock?
Delcath Systems Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Delcath Systems Stock.

What's the current price of Delcath Systems Stock?
As of the end of day on the 2020-02-07, the price of an Delcath Systems (DCTH) share was $10.25.

What is the 52-week high and low for Delcath Systems Stock?
The 52-week high for Delcath Systems Stock is $18.00 and the 52-week low is $0.0351.
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About Delcath Systems

Delcath Systems Delcath Systems, Inc., an interventional oncology company, focuses on the treatment of primary and metastatic liver cancers in the United States and Europe. The company's lead product candidate is HEPZATO KIT, a melphalan hydrochloride for injection/hepatic delivery system to administer high-dose chemotherapy to the liver while controlling systemic exposure and associated side effects. Its clinical development program for HEPZATO is the FOCUS cli... DCTH Profile

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