DOCUSIGN INC (DOCU) Stock Technical Analysis
NASDAQ:DOCU - Nasdaq - US2561631068 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to DOCU. Although DOCU is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
DOCU is part of the Software industry. There are 283 other stocks in this industry. DOCU outperforms 76% of them.
DOCU has an average volume of 2615950 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, DOCU did better than 86% of all other stocks. However, we also see that DOCU couldn't keep up this performance in the last couple of months.
DOCU is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month DOCU has a been trading in the 67.30 - 90.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
DOCU has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
53.52
99.15
When analyzing the support we can see 4 important areas.
- A support zone ranging from 70.35 to 72.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @68.98 from a horizontal line in the daily time frame.
- Support @63.94 from a trend line in the weekly time frame.
- Support @54.06 from a trend line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 78.59 to 79.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 81.47 to 82.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @85.23 from a trend line in the daily time frame.
- Resistance @98.17 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.23
Mansfield1.41
10 Day High79.1
10 Day Low67.3
20 Day High90.82
20 Day Low67.3
52 Week High107.86
52 Week Low48.7
Performance
1 Week3%
2 Weeks-2.52%
1 Month-11.39%
3 Month-15.83%
6 Month4.32%
12 Month35.4%
2 Year52.55%
3 Year-6.89%
5 Year-28%
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)-0.04
RSI(14)43.57
LBB68.67
UBB84.2
75.42
-0.97 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.27%
1 Week3%
2 Weeks-2.52%
1 Month-11.39%
3 Month-15.83%
6 Month4.32%
12 Month35.4%
2 Year52.55%
3 Year-6.89%
5 Year-28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)4.8
ATR(20)%5.54%
ATR Inc-40.38%
Range Today2.32
ADR(20)3.75
ADR(20)%4.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.23
Mansfield1.41
10 Day High79.1
10 Day Low67.3
20 Day High90.82
20 Day Low67.3
52 Week High107.86
52 Week Low48.7
CS1 End72.21
CR1 Start78.59
Volume & EV
DER(3)-1.33%
DER(5)-1.38%
Volume1.31M
Volume Incr-36.68%
Vol(5)2.03M
Vol(50)2.62M