DCGO Technical Analysis - DOCGO INC

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to DCGO. 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

When comparing the yearly performance of all stocks, DCGO is a bad performer in the overall market: 96% of all stocks are doing better.

DCGO is part of the Health Care Providers & Services industry. There are 101 other stocks in this industry, of which 87% 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 1.20 - 1.58 range, which is quite wide. It is currently trading near the lows of this range.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of DCGO is bad and it also does not present a quality setup 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.25

1.75

We can see 2 important resistance areas.

A resistance zone ranging from 1.41 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @1.73 from a horizontal line in the daily time frame.

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Technical Indicator Signal Analysis

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	4.67	NEGATIVE	DCGO has a low relative strength, it was outperformed by 95.33% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of DCGO is below a declining 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)	32.89	NEUTRAL	The RSI value for DCGO is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests DCGO has a negative trend, although the MACD value is rising.
Stochastics (14,3)	15.7	OVERSOLD	The low Stochastics value suggests DCGO may be oversold.
Average True Range in percent/ATR (20)	5.95	HIGH VOLATILITY	The high ATR as a percentage value for DCGO suggests high volalility.
Average Directional Index/ADX (14)	37.3	POSITIVE	The high ADX value value for DCGO suggests a strong trend.