DOXIMITY INC-CLASS A (DOCS) Stock Technical Analysis
NYSE:DOCS - New York Stock Exchange, Inc. - US26622P1075 - Common Stock - Currency: USD
Overall DOCS gets a technical rating of 9 out of 10. DOCS has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that DOCS is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by DOCS over the past year are nicely spread over this period.
DOCS is one of the better performing stocks in the Health Care Technology industry, it outperforms 91% of 35 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
DOCS has an average volume of 1944560 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.
In the last month DOCS has a been trading in the 56.33 - 66.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DOCS has an excellent technical rating, but 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
50.73
67.25
When analyzing the support we can see 3 important areas.
- A support zone ranging from 57.32 to 60.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @55.92 from a horizontal line in the daily time frame.
- A support zone ranging from 51.24 to 52.01. 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 66.58 to 66.58. 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 | 91.72 | POSITIVE | DOCS has a high relative strength, it outperformed 91.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DOCS is above a declining 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) | 54.56 | NEUTRAL | The RSI value for DOCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests DOCS has a positive trend. |
| Stochastics (14,3) | 67.62 | NEUTRAL | The Stochastics value for DOCS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.61 | MEDIUM VOLATILITY | The ATR as a percentage value for DOCS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.08 | NEGATIVE | The low ADX value for DOCS 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)
61.82
-0.01 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-0.02%
1 Week6.72%
2 Weeks3.55%
1 Month-0.37%
3 Month17.62%
6 Month-19.79%
12 Month72.92%
2 Year159.31%
3 Year86.26%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.34
ATR(20)%3.61%
ATR Inc88.77%
Range Today2.81
ADR(20)2.07
ADR(20)%3.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.72
Mansfield0.3
10 Day High66.8
10 Day Low56.33
20 Day High66.8
20 Day Low56.33
52 Week High85.21
52 Week Low35.32
CS1 End60.25
CR1 Start66.58
Volume & EV
DER(3)0.27%
DER(5)3.26%
Volume2.26M
Volume Incr85.94%
Vol(5)2.96M
Vol(50)1.94M