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. - Daily - Technical analysis published on 02/25/2022 (GMT)

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

Summary of the analysis

Trends
Short term: Bearish
Underlying: Strongly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 130.40 USD
My targets
103.43 USD (-7.64%)
91.49 USD (-18.31%)
My analysis
The bearish basic trend is very strong on DOCUSIGN INC. but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 130.40 USD. Crossing the first support at 103.43 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 91.49 USD as an objective. Crossing it would then enable sellers to target 68.15 USD. Caution, a return to above the resistance located at 130.40 USD would be a sign of a possible consolidation phase of the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.1

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

Additional analysis

Quotes

The DOCUSIGN INC. rating is 111.99 USD. On the day, this instrument lost -1.38% and was traded between 109.69 USD and 114.54 USD over the period. The price is currently at +2.10% from its lowest and -2.23% from its highest.

109.69
114.54
111.99

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:

Technical


A technical analysis in Daily of this DOCUSIGN INC. chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
The Central Indicators scanner found no further results concerning independent technical indicators.

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily


Near horizontal support

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 68.15 91.49 110.69 111.99 157.01 180.16 246.57
Change (%) -39.15% -18.31% -1.16% - +40.20% +60.87% +120.17%
Change -43.84 -20.50 -1.30 - +45.02 +68.17 +134.58
Level Major Minor Minor - Intermediate Minor Minor



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
Standard90.4095.20104.38109.18118.36123.16132.34
Camarilla109.72111.00112.28113.56114.84116.12117.41
Woodie92.5996.30106.57110.28120.55124.26134.53
Fibonacci95.20100.54103.84109.18114.52117.82123.16


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard87.7598.51104.40115.16121.05131.81137.70
Camarilla105.70107.23108.75110.28111.81113.33114.86
Woodie85.3197.29101.96113.94118.61130.59135.26
Fibonacci98.51104.87108.80115.16121.52125.45131.81


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard54.1281.09103.43130.40152.74179.71202.05
Camarilla112.21116.73121.25125.77130.29134.81139.33
Woodie51.8179.93101.12129.24150.43178.55199.74
Fibonacci81.0999.93111.56130.40149.24160.87179.71

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 41.03
MACD (12,26,9): -6.2500
Directional Movement: -18.86
AROON (14): -64.29
DEMA (21): 109.89
Parabolic SAR (0,02-0,02-0,2): 124.72
Elder Ray (13): -3.86
Super Trend (3,10): 129.80
Zig ZAG (10): 112.92
VORTEX (21): 0.9500
Stochastique (14,3,5): 27.18
TEMA (21): 113.49
Williams %R (14): -60.76
Chande Momentum Oscillator (20): -9.35
Repulse (5,40,3): 4.6500
ROCnROLL: 2
TRIX (15,9): -0.6700
Courbe Coppock: 11.34
MA7: 112.66
MA20: 118.91
MA50: 131.79
MA100: 188.38
MAexp7: 113.42
MAexp20: 118.78
MAexp50: 138.81
MAexp100: 171.23
Price / MA7: -0.59%
Price / MA20: -5.82%
Price / MA50: -15.02%
Price / MA100: -40.55%
Price / MAexp7: -1.26%
Price / MAexp20: -5.72%
Price / MAexp50: -19.32%
Price / MAexp100: -34.60%

Quotes : - 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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