- 88% technical buy signals.
- 18 new highs and up 41.14% in the last month.
- Wall Street analysts price targets at 12.83.
The Chart of the Day belongs to the mobile healthcare services company DocGo ( DCGO ). I found the stock by sorting the Russell 3000 Index stocks first by the most frequent number of new highs in the last month and having a Trend Spotter buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter first signaled a buy on 6/2 the stock gained 26.11%.
DocGo, Inc. provides mobile health and medical transportation services for various health care providers in the United States and the United Kingdom. The company's transportation services include emergency response services; and non-emergency transport services comprise ambulance and wheelchair transportation services. It also offers mobile health services through its platform that are performed at home and offices; COVID-19 testing; and event services, which include on-site healthcare support at sporting events and concerts. DocGo, Inc. was incorporated in 2015 and is headquartered in New York, New York. (Source: Seeking Alpha)
Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.
Barchart Technical Indicators:
- 88% technical buy signals but increasing
- .20+ Weighted Alpha
- 2.74% gain in the last year
- Trend Spotter buy signal
- Above its 20, 50 and 100 day moving averages
- 18 new highs and up 41.14% in the last month
- Relative Strength Index 72.98%
- Technical support level at 9.70
- Recently traded at 10.19 with 50 day moving average of 8.05
Fundamental factors:
- Market Cap $991 million
- Revenue expected to increase 34.70% this year and another 15.90% next year
- Earnings estimated to increase 45.00% this year, an additional 21.40% next year and continue to compound at an annual rate of 31.07% for the next 5 years
For further details see:
DocGo - Mobile Health Services