DOXIMITY INC-CLASS A (DOCS) Stock Technical Analysis
NYSE:DOCS - New York Stock Exchange, Inc. - US26622P1075 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to DOCS. In the last year, DOCS was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DOCS did better than 94% 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 36 other stocks in this industry. DOCS outperforms 94% of them.
DOCS has an average volume of 2582620 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 53.45 - 62.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
29.40
61.96
When analyzing the support we can see 5 important areas.
- Support @54.45 from a trend line in the weekly time frame.
- Support @52.64 from a trend line in the daily time frame.
- A support zone ranging from 50.70 to 51.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.71 from a horizontal line in the daily time frame.
- Support @29.70 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 61.10 to 61.35. 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 | 94.17 | POSITIVE | DOCS has a high relative strength, it outperformed 94.17% 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) | 55.64 | NEUTRAL | The RSI value for DOCS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests DOCS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65 | NEUTRAL | The Stochastics value for DOCS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.09 | MEDIUM VOLATILITY | The ATR as a percentage value for DOCS suggests some volalility. |
| Average Directional Index/ADX (14) | 19.08 | 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)
59.31
+0.93 (+1.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg1.59%
1 Week-1.43%
2 Weeks1.37%
1 Month10.84%
3 Month15.75%
6 Month7.41%
12 Month115.67%
2 Year66%
3 Year40.15%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.89
ATR(20)%3.09%
ATR Inc58.82%
Range Today1.8
ADR(20)1.74
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.17
Mansfield0.79
10 Day High62.06
10 Day Low56.39
20 Day High62.06
20 Day Low53.45
52 Week High85.21
52 Week Low25
CS1 End58.83
CR1 Start61.1
Volume & EV
DER(3)2.31%
DER(5)0.01%
Volume1.32M
Volume Incr17.63%
Vol(5)2.33M
Vol(50)2.58M