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DOCUSIGN INC (DOCU) Stock Technical Analysis

NASDAQ:DOCU - Nasdaq - US2561631068 - Common Stock - Currency: USD

95.88  -0.59 (-0.61%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to DOCU. Both in the recent history as in the last year, DOCU has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that DOCU is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by DOCU over the past year are nicely spread over this period.
DOCU is one of the better performing stocks in the Software industry, it outperforms 83% of 284 stocks in the same industry.
DOCU is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so DOCU is lagging the market slightly.
In the last month DOCU has a been trading in the 87.08 - 99.09 range, which is quite wide. It is currently trading near the high of this range.
DOCU has an average volume of 3287730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
DOCUSIGN INC / DOCU Weekly stock chart
DOCUSIGN INC / DOCU Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, DOCU also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

60.03

99.15

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 94.33 to 94.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 88.26 to 89.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @60.64 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @96.29 from a trend line in the daily time frame.
  • Resistance @98.17 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.85
Mansfield3.46
10 Day High99.09
10 Day Low88.6
20 Day High99.09
20 Day Low87.08
52 Week High107.86
52 Week Low48.7
Performance
1 Week-1.26%
2 Weeks5.59%
1 Month6.94%
3 Month21.53%
6 Month83.68%
12 Month88.49%
2 Year57.25%
3 Year-18.54%
5 Year11.77%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.43
RSI(14)60.85
LBB88.05
UBB98.85
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
98.1896.281.90 (1.94%)25.00%
An entry @98.18. This is a Buy Stop order right above the resistance zone.An exit @96.28. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 1.90 points, which is 1.94%.For a 0.48% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of DOCU. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
DOCUSIGN INC / DOCU Daily stock chart

DOCUSIGN INC

NASDAQ:DOCU (2/5/2025, 12:32:33 PM)

95.88

-0.59 (-0.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.61%
1 Week-1.26%
2 Weeks5.59%
1 Month6.94%
3 Month21.53%
6 Month83.68%
12 Month88.49%
2 Year57.25%
3 Year-18.54%
5 Year11.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.59
ATR(20)%3.63%
ATR Inc15.81%
Range Today3.08
ADR(20)3.44
ADR(20)%3.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.85
Mansfield3.46
10 Day High99.09
10 Day Low88.6
20 Day High99.09
20 Day Low87.08
52 Week High107.86
52 Week Low48.7
CS1 End96.29
CR1 Start98.17
Volume & EV
DER(3)-4.11%
DER(5)-2.36%
Volume583.72K
Volume Incr6.66%
Vol(5)2.25M
Vol(50)3.29M