DOCUSIGN INC.
DOCUSIGN INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DOCU
ISIN:

DOCUSIGN INC. - Weekly - Technical analysis published on 09/28/2020 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
44%
22%
33%
My opinion
Bullish above 173.27 USD
My targets
227.68 USD (+7.21%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DOCUSIGN INC. as long as the price remains well above 173.27 USD. The buyers” bullish objective is set at 227.68 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
6.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Mattkh. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

DOCUSIGN INC. rating 212.36 USD. Over 5 days, this instrument gained +3.58% and has been traded over the last 5 days between 199.33 USD and 213.11 USD. This implies that the 5 day price is +6.54% from its lowest point and -0.35% from its highest point.

199.33
213.11
212.36

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by DOCUSIGN INC.:
The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 20 days

Technical


A technical analysis in Weekly of this DOCUSIGN INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Weekly



An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Weekly



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 43.83 68.31 91.49 212.36 227.68
Change (%) -79.36% -67.83% -56.92% - +7.21%
Change -168.53 -144.05 -120.87 - +15.32
Level Minor Major Intermediate - Major



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard188.72194.02198.94204.24209.16214.46219.38
Camarilla201.04201.98202.91203.85204.79205.72206.66
Woodie188.52193.93198.74204.15208.96214.37219.18
Fibonacci194.02197.93200.34204.24208.15210.56214.46


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard165.92176.57185.71196.36205.50216.15225.29
Camarilla189.42191.23193.05194.86196.67198.49200.30
Woodie165.18176.19184.97195.98204.76215.77224.55
Fibonacci176.57184.13188.80196.36203.92208.59216.15


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard157.43173.27198.14213.98238.85254.69279.56
Camarilla211.81215.54219.27223.00226.73230.46234.20
Woodie161.94175.53202.65216.24243.36256.95284.07
Fibonacci173.27188.83198.43213.98229.54239.14254.69

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 68.03
MACD (12,26,9): 26.8100
Directional Movement: 31.39
AROON (14): 78.57
DEMA (21): 218.44
Parabolic SAR (0,02-0,02-0,2): 286.11
Elder Ray (13): 8.67
Super Trend (3,10): 165.60
Zig ZAG (10): 212.36
VORTEX (21): 1.1600
Stochastique (14,3,5): 36.79
TEMA (21): 224.01
Williams %R (14): -60.55
Chande Momentum Oscillator (20): 21.37
Repulse (5,40,3): 1.1900
ROCnROLL: 1
TRIX (15,9): 3.3200
Courbe Coppock: 78.10
MA7: 204.73
MA20: 214.34
MA50: 209.69
MA100: 182.26
MAexp7: 204.52
MAexp20: 181.81
MAexp50: 138.09
MAexp100: 104.78
Price / MA7: +3.73%
Price / MA20: -0.92%
Price / MA50: +1.27%
Price / MA100: +16.51%
Price / MAexp7: +3.83%
Price / MAexp20: +16.80%
Price / MAexp50: +53.78%
Price / MAexp100: +102.67%

Quotes : 2020-09-25 19:59:59 - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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