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Doximity Shows Rising Price Performance With Jump To 85 RS Rating

The Relative Strength (RS) Rating for Doximity (DOCS) climbed into a new percentile Tuesday, with an increase from 74 to 85.




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As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.

IBD’s proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price movement over the trailing 52 weeks holds up against all the other stocks in our database.

Decades of market research shows that the best stocks tend to have an RS Rating north of 80 as they launch their biggest price moves.


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Now is not an ideal time to jump in since it isn’t near a proper buy zone, but see if the stock is able to establish and enter a buy zone in heavy volume.

The company posted 200% earnings growth in its most recent report. Sales rose 83%. The next quarterly results are expected on or around Jul. 28.

The company earns the No. 2 rank among its peers in the Computer Software-Medical industry group. Inovalon (INOV) is also among the group’s highest-rated stocks.

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