DOCUSIGN INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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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

6.8

Comment on the analysis

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:

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.

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:

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:

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:

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:

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:

Near horizontal resistance

Type : Bearish

Timeframe : Weekly

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

ProTrendLines

Price

	S3	S2	S1	Price	R1
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
Standard	188.72	194.02	198.94	204.24	209.16	214.46	219.38
Camarilla	201.04	201.98	202.91	203.85	204.79	205.72	206.66
Woodie	188.52	193.93	198.74	204.15	208.96	214.37	219.18
Fibonacci	194.02	197.93	200.34	204.24	208.15	210.56	214.46

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	165.92	176.57	185.71	196.36	205.50	216.15	225.29
Camarilla	189.42	191.23	193.05	194.86	196.67	198.49	200.30
Woodie	165.18	176.19	184.97	195.98	204.76	215.77	224.55
Fibonacci	176.57	184.13	188.80	196.36	203.92	208.59	216.15

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	157.43	173.27	198.14	213.98	238.85	254.69	279.56
Camarilla	211.81	215.54	219.27	223.00	226.73	230.46	234.20
Woodie	161.94	175.53	202.65	216.24	243.36	256.95	284.07
Fibonacci	173.27	188.83	198.43	213.98	229.54	239.14	254.69

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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