DOCUSIGN INC. - Daily - Technical analysis published on 11/24/2022 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
44%
22%
33%
My opinion
Bearish under 49.02 USD
My targets
44.71 USD (-3.54%)
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 49.02 USD. Crossing the first support at 44.71 USD would be a sign of a further potential price plummet. Caution, a return to above the resistance located at 49.02 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.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
4.3
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.
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Additional analysis
Quotes
DOCUSIGN INC. rating 46.35 USD. On the day, this instrument gained +5.68% and was between 43.21 USD and 46.69 USD. This implies that the price is at +7.27% from its lowest and at -0.73% from its highest.43.21
46.69
46.35
The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Technical
Technical analysis of this Daily chart of DOCUSIGN INC. indicates that the overall trend is strongly bearish. 85.71% 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 market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : Daily
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 6 are neutral and 4 are bearish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 44.71 | 46.35 | 56.50 | 67.59 | 75.35 |
| Change (%) | -3.54% | - | +21.90% | +45.83% | +62.57% |
| Change | -1.64 | - | +10.15 | +21.24 | +29.00 |
| Level | Major | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 40.66 | 41.94 | 44.14 | 45.42 | 47.62 | 48.90 | 51.10 |
| Camarilla | 45.39 | 45.71 | 46.03 | 46.35 | 46.67 | 46.99 | 47.31 |
| Woodie | 41.13 | 42.17 | 44.61 | 45.65 | 48.09 | 49.13 | 51.57 |
| Fibonacci | 41.94 | 43.27 | 44.09 | 45.42 | 46.75 | 47.57 | 48.90 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 34.16 | 39.86 | 42.93 | 48.63 | 51.70 | 57.40 | 60.47 |
| Camarilla | 43.59 | 44.39 | 45.20 | 46.00 | 46.80 | 47.61 | 48.41 |
| Woodie | 32.85 | 39.20 | 41.62 | 47.97 | 50.39 | 56.74 | 59.16 |
| Fibonacci | 39.86 | 43.21 | 45.28 | 48.63 | 51.98 | 54.05 | 57.40 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 26.92 | 34.53 | 41.41 | 49.02 | 55.90 | 63.51 | 70.39 |
| Camarilla | 44.32 | 45.64 | 46.97 | 48.30 | 49.63 | 50.96 | 52.29 |
| Woodie | 26.57 | 34.35 | 41.06 | 48.84 | 55.55 | 63.33 | 70.04 |
| Fibonacci | 34.53 | 40.06 | 43.48 | 49.02 | 54.55 | 57.97 | 63.51 |
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): | 48.19 | |
| MACD (12,26,9): | -0.7500 | |
| Directional Movement: | -1.26 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 45.61 | |
| Parabolic SAR (0,02-0,02-0,2): | 53.63 | |
| Elder Ray (13): | -1.56 | |
| Super Trend (3,10): | 43.27 | |
| Zig ZAG (10): | 46.35 | |
| VORTEX (21): | 0.8300 | |
| Stochastique (14,3,5): | 35.41 | |
| TEMA (21): | 46.60 | |
| Williams %R (14): | -54.07 | |
| Chande Momentum Oscillator (20): | 3.84 | |
| Repulse (5,40,3): | 5.9500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2500 | |
| Courbe Coppock: | 8.95 |
| MA7: | 47.24 | |
| MA20: | 46.19 | |
| MA50: | 49.08 | |
| MA100: | 56.82 | |
| MAexp7: | 46.23 | |
| MAexp20: | 46.80 | |
| MAexp50: | 49.94 | |
| MAexp100: | 58.00 | |
| Price / MA7: | -1.88% | |
| Price / MA20: | +0.35% | |
| Price / MA50: | -5.56% | |
| Price / MA100: | -18.43% | |
| Price / MAexp7: | +0.26% | |
| Price / MAexp20: | -0.96% | |
| Price / MAexp50: | -7.19% | |
| Price / MAexp100: | -20.09% |
Quotes :
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15 min delayed data
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This member declared not having a position on this financial instrument or a related financial instrument.
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