DOXIMITY INC-CLASS A (DOCS) Technical Analysis
NYSE:DOCS • US26622P1075
Overall DOCS gets a technical rating of 0 out of 10. DOCS 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.
- 96% of all other stocks performed better in the past year than DOCS.
- DOCS is one of the lesser performing stocks in the Health Care Technology industry. 73% of 35 stocks in the same industry do better.
- DOCS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so DOCS is lagging the market.
- DOCS has an average volume of 3645920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month DOCS has a been trading in the 23.53 - 28.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of DOCS 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.
More info and screens
24.28
When analyzing the support we notice one important area.
- Support @24.53 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 25.35 to 25.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.97 from a horizontal line in the daily time frame.
- Resistance @29.04 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 DOCS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DOCS is down. |
| ChartMill Relative Strength | 4.8 | NEGATIVE | DOCS has a low relative strength, it was outperformed by 95.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DOCS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DOCS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DOCS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.6 | NEUTRAL | The RSI value for DOCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests DOCS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.21 | NEUTRAL | The Stochastics value for DOCS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.98 | HIGH VOLATILITY | The high ATR as a percentage value for DOCS suggests high volalility. |
| Average Directional Index/ADX (14) | 57.66 | POSITIVE | The high ADX value value for DOCS suggests a strong trend. |
DOCS Technicals: Chart, Performance Metrics, Trend & Indicators
25.34
-0.73 (-2.8%)
DOXIMITY INC-CLASS A / DOCS FAQ
What is the technical rating for DOCS stock?
ChartMill assigns a technical rating of 0 / 10 to DOCS.
What is the trend direction for DOCS stock?
The current trend direction for DOXIMITY INC-CLASS A (DOCS) is Bearish.
What is the RSI signal for DOXIMITY INC-CLASS A (DOCS) stock?
DOXIMITY INC-CLASS A (DOCS) has an RSI value of 33.5987. This indicates that the stock is currently neutral.
What is the MACD signal for DOXIMITY INC-CLASS A (DOCS) stock?
The MACD indicator for DOXIMITY INC-CLASS A (DOCS) has a value of 0.738599, indicating a bearish trend.
Can you provide the support and resistance levels for DOXIMITY INC-CLASS A?
DOXIMITY INC-CLASS A (DOCS) has a support level at 24.53 and a resistance level at 25.35. Check the full technical report for our detailed analysis of DOCS support and resistance levels.