DOCUSIGN INC (DOCU) Stock Technical Analysis
NASDAQ:DOCU - Nasdaq - US2561631068 - Common Stock - Currency: USD
We assign a technical rating of 2 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.
In the last month DOCU has a been trading in the 76.58 - 94.36 range, which is quite wide. It is currently trading near the lows of this range.
DOCU is part of the Software industry. There are 281 other stocks in this industry. DOCU outperforms 74% of them.
DOCU has an average volume of 2010860 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When comparing the yearly performance of all stocks, we notice that DOCU is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
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.
DOCU has a poor technical rating and the quality of the setup is also not perfect 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
53.14
99.15
We found 3 important support areas.
- A support zone ranging from 79.77 to 79.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.96 from a trend line in the weekly time frame.
- Support @53.68 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @83.17 from a horizontal line in the daily time frame.
- A resistance zone ranging from 89.51 to 90.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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
CRS82.3
Mansfield1.39
10 Day High84.78
10 Day Low76.58
20 Day High94.36
20 Day Low76.58
52 Week High107.86
52 Week Low48.7
Performance
1 Week-4.02%
2 Weeks-4.92%
1 Month-14.94%
3 Month-25.39%
6 Month34.87%
12 Month42.63%
2 Year36.93%
3 Year-25.48%
5 Year-13.6%
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)-0.38
RSI(14)30.54
LBB78.43
UBB87.57
79.83
+0.06 (+0.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.08%
1 Week-4.02%
2 Weeks-4.92%
1 Month-14.94%
3 Month-25.39%
6 Month34.87%
12 Month42.63%
2 Year36.93%
3 Year-25.48%
5 Year-13.6%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.27
ATR(20)%4%
ATR Inc37.5%
Range Today3.82
ADR(20)3.03
ADR(20)%3.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.3
Mansfield1.39
10 Day High84.78
10 Day Low76.58
20 Day High94.36
20 Day Low76.58
52 Week High107.86
52 Week Low48.7
CS1 End79.82
CR1 Start83.17
Volume & EV
DER(3)2.61%
DER(5)1.51%
Volume2.45M
Volume Incr6.15%
Vol(5)2.12M
Vol(50)2.01M