DOXIMITY INC-CLASS A (DOCS) Stock Technical Analysis
NYSE:DOCS - US26622P1075 - Common Stock
67 USD
-0.94 (-1.38%)
67 USD
0 (0%)
Overall DOCS gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DOCS is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, DOCS did better than 91% of all other stocks. On top of that, DOCS also shows a nice and consistent pattern of rising prices.
DOCS is part of the Health Care Technology industry. There are 35 other stocks in this industry. DOCS outperforms 88% of them.
In the last month DOCS has a been trading in the 57.10 - 69.80 range, which is quite wide. It is currently trading near the high of this range.
DOCS has an average volume of 1704410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
DOCS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so DOCS is lagging the market.
Although DOCS has an excellent technical rating, the quality of the presented setup is not ideal 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
51.81
69.07
We found 5 important support areas.
- A support zone ranging from 59.60 to 60.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @58.38 from a horizontal line in the daily time frame.
- A support zone ranging from 57.33 to 57.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.92 from a horizontal line in the daily time frame.
- Support @52.33 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 67.94 to 68.39. 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 | UP | POSITIVE | The long term trend for DOCS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DOCS is up. |
| ChartMill Relative Strength | 91.23 | POSITIVE | DOCS has a high relative strength, it outperformed 91.23% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DOCS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DOCS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DOCS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.94 | NEUTRAL | The RSI value for DOCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests DOCS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.66 | NEUTRAL | The Stochastics value for DOCS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.69 | MEDIUM VOLATILITY | The ATR as a percentage value for DOCS suggests some volalility. |
| Average Directional Index/ADX (14) | 29.09 | POSITIVE | The high ADX value value for DOCS 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 68.40 | 62.15 | 6.25 (9.14%) | 10.94% |
| An entry @68.40. This is a Buy Stop order right above the resistance zone. | An exit @62.15. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.25 points, which is 9.14%. | When investing 10.94% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
67
-0.94 (-1.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-1.38%
1 Week0.9%
2 Weeks1.62%
1 Month14.92%
3 Month13.85%
6 Month4.72%
12 Month84.37%
2 Year215.74%
3 Year121.71%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.1
ATR(20)%3.69%
ATR Inc-13.06%
Range Today2.21
ADR(20)2.35
ADR(20)%3.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.23
Mansfield0.93
10 Day High69.8
10 Day Low62.16
20 Day High69.8
20 Day Low57.1
52 Week High85.21
52 Week Low36.12
CS1 End60.15
CR1 Start67.94
Volume & EV
DER(3)2.57%
DER(5)2.02%
Volume1.06M
Volume Incr-37.01%
Vol(5)1.20M
Vol(50)1.70M