DOCGO INC (DCGO) Stock Technical Analysis
NASDAQ:DCGO - US2560861096 - Common Stock
1.72 USD
+0.12 (+7.5%)
1.64 USD
-0.08 (-4.65%)
Taking everything into account, DCGO scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. DCGO was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, DCGO is a bad performer in the overall market: 87% of all stocks are doing better.
DCGO is part of the Health Care Providers & Services industry. There are 104 other stocks in this industry, of which 60% 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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month DCGO has a been trading in the 1.30 - 1.78 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
DCGO has an average technical rating and also the quality of the setup is only medium 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.
More info and screens
1.33
1.76
We found 2 important support areas.
- Support @1.59 from a horizontal line in the daily time frame.
- A support zone ranging from 1.34 to 1.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.73 to 1.74. 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 | DOWN | NEGATIVE | The long term trend for DCGO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DCGO is up. |
| ChartMill Relative Strength | 13.61 | NEGATIVE | DCGO has a low relative strength, it was outperformed by 86.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DCGO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DCGO is above the rising 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) | 61.01 | 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. |
| Stochastics (14,3) | 70.1 | NEUTRAL | The Stochastics value for DCGO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.14 | HIGH VOLATILITY | The high ATR as a percentage value for DCGO suggests high volalility. |
| Average Directional Index/ADX (14) | 31.43 | POSITIVE | The high ADX value value for DCGO suggests a strong 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)
1.72
+0.12 (+7.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg7.5%
1 Week6.17%
2 Weeks9.55%
1 Month17.81%
3 Month28.36%
6 Month-64.09%
12 Month-53.76%
2 Year-80.78%
3 Year-83.14%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%6.14%
ATR Inc-20.72%
Range Today0.14
ADR(20)0.1
ADR(20)%5.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.61
Mansfield-4.81
10 Day High1.76
10 Day Low1.5
20 Day High1.78
20 Day Low1.31
52 Week High5.68
52 Week Low1.23
CS1 End1.59
CR1 Start1.73
Volume & EV
DER(3)5.19%
DER(5)4.66%
Volume498.53K
Volume Incr-31.8%
Vol(5)374.65K
Vol(50)611.38K