DOCGO INC (DCGO) Technical Analysis
NASDAQ:DCGO • US2560861096
We assign a technical rating of 1 out of 10 to DCGO. DCGO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 96% of all other stocks performed better in the past year than DCGO.
- DCGO is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, of which 82% are performing better than DCGO.
- DCGO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month DCGO has a been trading in the 0.66 - 0.84 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
Although the technical rating is bad, DCGO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
0.67
2 important support areas can be observed.
- Support @0.73 from a trend line in the daily time frame.
- Support @0.68 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @0.76 from a trend line in the daily time frame.
- A resistance zone ranging from 0.80 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.88 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 | DOWN | NEGATIVE | The long term trend for DCGO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DCGO is down. |
| ChartMill Relative Strength | 4.49 | NEGATIVE | DCGO has a low relative strength, it was outperformed by 95.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of DCGO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DCGO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DCGO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.85 | NEUTRAL | The RSI value for DCGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests DCGO has a positive trend. |
| Stochastics (14,3) | 26.79 | NEUTRAL | The Stochastics value for DCGO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.23 | HIGH VOLATILITY | The high ATR as a percentage value for DCGO suggests high volalility. |
| Average Directional Index/ADX (14) | 15.49 | NEGATIVE | The low ADX value for DCGO suggests a weak or negative trend. |
DCGO Technicals: Chart, Performance Metrics, Trend & Indicators
0.7296
+0.03 (+4.23%)
DOCGO INC / DCGO FAQ
What is the technical rating for DCGO stock?
ChartMill assigns a technical rating of 1 / 10 to DCGO.
What is the current trend direction of DOCGO INC (DCGO) stock?
The current trend direction for DOCGO INC (DCGO) is Bearish.
What is the RSI signal for DOCGO INC (DCGO) stock?
DOCGO INC (DCGO) has an RSI value of 44.8517. This indicates that the stock is currently neutral.
What is the short term momentum for DOCGO INC (DCGO) stock?
The short term momentum for DOCGO INC (DCGO) is negative.
Can you provide the buy/sell signal for DOCGO INC?
The buy/sell signal for DOCGO INC (DCGO) is sell as both the short term and long term trends are negative.