Depends on a lot of factors. I'll give you two personal examples.
Example 1: I did a lot of DD on SENS back when it was hovering in the sub <$0.50 range. I already know a lot about the CGM market and its competitors including its clinical trials. I knew they were undervalued with setbacks that wasn't permanent. It was a fundamental pick. I can go on and on about its pros and cons. I got in and held. It also got some hype from social media platforms which probably helped give it a boost. Ended up selling at almost a 8 bagger. Jumped back in when it dropped 15% from where I sold and now it's a double bagger. I think it has potential to reach double digits as a long hold, although I'm weary about their future financial performances. I wouldn't consider what I did a technical analysis, but tons of DD on it's actual product.
Example 2: Been eyeing out Rolls-Royce out of just randomly finding its ticker. Did just a tiny amount of DD. Found they have 3 tickers. Saw the micro-penny ticker and bought RLLCF a little over a week ago right after they announced a 2 week shutdown. I'm also into micro-penny stocks as of late which is why I chose that one. Got in at $0.0043/share. Decided to buy a $300 worth of shares since TDAmeritrade charges about $7 for this OTC micropenny stocks. Out of nowhere it just shot up after they announced a new CFO. Ended up selling 75% of my shares for a 15 bagger. It actually peaked at $0.098 yesterday, which would be a 22 bagger. Still holding on 25%. A 15 bagger isn't much when you only invested a measly $300, but made these gains based on pure luck and timing. Now I'm considering doing more DD on the company and I may consider a long hold on their other tickers. I can give tons of examples of micropenny stocks surging. Some of these trendy stocks right now were micropenny stocks not too long ago and have reached or exceeded a 100 bagger. My boss bought ENPH 4 years ago when it was sub <$1. He is still holding all his shares till this day and he's reached a 200 bagger. I have no idea how much he invested, but I'm sure he's made at least low 6 figures. I wouldn't be surprised if he cracked $1 mil.
Again this doesn't account for the multitude of factors that people are making these double baggers or more in a short period, although some amount of lucky always comes into play. Also the fact that we remain in Quad 2 (growth accelerating, inflation accelerating) for now, stonks only go up!