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Stock to Watch: Delcath Systems Up 11.0% (DCTH)Aug 10, 2012 (SmarTrend(R) Spotlight via COMTEX) -- Delcath Systems (NASDAQ:DCTH) is one of today's best performing low-priced stocks, up 11.0% to $2.02 on 1.1x average daily volume. Thus far today, Delcath Systems has traded 984,000 shares, vs. average volume of 924,000 shares per day. The stock has outperformed the Dow (11.0% to the Dow's -0.2%) and outperformed the S&P 500 (11.0% to the S&P's -0.2%) during today's trading. Delcath Systems share prices have moved between a 52-week high of $9.70 and a 52-week low of $1.40 and are now trading 44% above that low price at $2.02 per share. Over the past week, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has remained constant. Delcath Systems (NASDAQ:DCTH) has potential upside of 279.5% based on a current price of $2.02 and analysts' consensus price target of $7.67. Delcath Systems shares should encounter resistance at the 200-day moving average (MA) of $2.81 and support at the 50-day MA of $1.68. Delcath Systems Inc. has developed a system to isolate the liver from the circulatory system and to administer chemotherapy and other therapeutic agents directly to the liver. This system filters the patients blood removing most of the harmful chemotherapy agents lessening the side-effects of the treatment. SmarTrend is tracking the current trend status for Delcath Systems and will alert subscribers who have DCTH in their portfolio or watchlist when shares have changed trend direction. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |