DOCGO INC (DCGO) Stock Technical Analysis
NASDAQ:DCGO - Nasdaq - US2560861096 - Common Stock - Currency: USD
Taking everything into account, DCGO scores 1 out of 10 in our technical rating. DCGO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
97% of all other stocks performed better in the past year than DCGO.
DCGO is part of the Health Care Providers & Services industry. There are 103 other stocks in this industry, of which 85% 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.
DCGO has an average volume of 1130100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month DCGO has a been trading in the 1.39 - 1.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found 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.
More info and screens
1.50
1.80
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.61 to 1.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.73 from a horizontal line in the daily time frame.
- Resistance @1.78 from a trend 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 | 3.71 | NEGATIVE | DCGO has a low relative strength, it was outperformed by 96.29% 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) | 44.14 | NEUTRAL | The RSI value for DCGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DCGO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 36.56 | NEUTRAL | The Stochastics value for DCGO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.92 | HIGH VOLATILITY | The high ATR as a percentage value for DCGO suggests high volalility. |
| Average Directional Index/ADX (14) | 17.57 | NEGATIVE | The low ADX value for DCGO suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.52
-0.05 (-3.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-3.18%
1 Week-12.14%
2 Weeks-1.3%
1 Month2.01%
3 Month-39.44%
6 Month-64.98%
12 Month-47.95%
2 Year-81.88%
3 Year-80.34%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%6.92%
ATR Inc-26.9%
Range Today0.08
ADR(20)0.1
ADR(20)%6.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.71
Mansfield-5.65
10 Day High1.76
10 Day Low1.48
20 Day High1.76
20 Day Low1.39
52 Week High5.68
52 Week Low1.23
CS1 End1.55
CR1 Start1.61
Volume & EV
DER(3)-10.5%
DER(5)-8.73%
Volume759.10K
Volume Incr14.54%
Vol(5)856.92K
Vol(50)1.13M