Doximity Inc (DOCS)
None
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 83.65% per annum.
- DOCS price at the close of January 16, 2026 was $41.26 and was lower than the bottom border of the primary price channel by $24.52 (37.27%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 86.54% per annum.
- DOCS price at the close of January 16, 2026 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of DOCS price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: August 9, 2023
End date: November 5, 2025
a = 1.6969
b = 0.0017
s = 0.1434
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0017) – 1
= 83.65%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1434) – 1
= 77.44%
August 9, 2023 calculations
Top border of price channel:
Exp(Y534)
= Exp(a + b × X534 + 2 × s)
= Exp(a + b × 776 + 2 × s)
= Exp(1.6969 + 0.0017 × 776 + 2 × 0.1434)
= Exp(3.2759)
= $26.47
Bottom border of price channel:
Exp(Y534)
= Exp(a + b × X534 – 2 × s)
= Exp(a + b × 776 – 2 × s)
= Exp(1.6969 + 0.0017 × 776 – 2 × 0.1434)
= Exp(2.7024)
= $14.92
November 5, 2025 calculations
Top border of price channel:
Exp(Y1,097)
= Exp(a + b × X1,097 + 2 × s)
= Exp(a + b × 1,595 + 2 × s)
= Exp(1.6969 + 0.0017 × 1,595 + 2 × 0.1434)
= Exp(4.6398)
= $103.52
Bottom border of price channel:
Exp(Y1,097)
= Exp(a + b × X1,097 – 2 × s)
= Exp(a + b × 1,595 – 2 × s)
= Exp(1.6969 + 0.0017 × 1,595 – 2 × 0.1434)
= Exp(4.0664)
= $58.34
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 83.65% per annum.
- DOCS price at the close of January 16, 2026 was $41.26 and was lower than the bottom border of the primary price channel by $24.52 (37.27%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: September 12, 2025
End date: January 16, 2026
a = 12.8330
b = -0.0055
s = 0.0682
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0055) – 1
= -86.54%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0682) – 1
= 31.38%
September 12, 2025 calculations
Top border of price channel:
Exp(Y1,059)
= Exp(a + b × X1,059 + 2 × s)
= Exp(a + b × 1,541 + 2 × s)
= Exp(12.8330 + -0.0055 × 1,541 + 2 × 0.0682)
= Exp(4.5023)
= $90.22
Bottom border of price channel:
Exp(Y1,059)
= Exp(a + b × X1,059 – 2 × s)
= Exp(a + b × 1,541 – 2 × s)
= Exp(12.8330 + -0.0055 × 1,541 – 2 × 0.0682)
= Exp(4.2294)
= $68.67
January 16, 2026 calculations
Top border of price channel:
Exp(Y1,146)
= Exp(a + b × X1,146 + 2 × s)
= Exp(a + b × 1,667 + 2 × s)
= Exp(12.8330 + -0.0055 × 1,667 + 2 × 0.0682)
= Exp(3.8100)
= $45.15
Bottom border of price channel:
Exp(Y1,146)
= Exp(a + b × X1,146 – 2 × s)
= Exp(a + b × 1,667 – 2 × s)
= Exp(12.8330 + -0.0055 × 1,667 – 2 × 0.0682)
= Exp(3.5370)
= $34.37
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 86.54% per annum.
- DOCS price at the close of January 16, 2026 was inside the secondary price channel.