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 12/14/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 52.78 USD

My targets

58.59 USD (+4.64%)

65.66 USD (+17.27%)

My analysis

The bullish trend is currently very strong on DOCUSIGN INC.. As long as the price remains above the support at 52.78 USD, you could try to benefit from the boom. The first bullish objective is located at 58.59 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 65.66 USD as an objective. Crossing it would then enable buyers to target 180.16 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

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 hsokkar. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The DOCUSIGN INC. price is 55.99 USD. The price registered a decrease of -0.29% on the session and was traded between 55.85 USD and 57.79 USD over the period. The price is currently at +0.25% from its lowest and -3.11% from its highest.

55.85

57.79

55.99

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.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Abnormal volumes on DOCUSIGN INC. were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Technical

A technical analysis in Daily of this DOCUSIGN INC. chart shows a strongly bullish trend. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Dark cloud cover

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	42.37	49.52	52.78	55.99	58.59	65.66	180.16
Change (%)	-24.33%	-11.56%	-5.73%	-	+4.64%	+17.27%	+221.77%
Change	-13.62	-6.47	-3.21	-	+2.60	+9.67	+124.17
Level	Intermediate	Major	Minor	-	Major	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
Standard	53.46	54.06	55.10	55.70	56.74	57.34	58.38
Camarilla	55.70	55.85	56.00	56.15	56.30	56.45	56.60
Woodie	53.69	54.17	55.33	55.81	56.97	57.45	58.61
Fibonacci	54.06	54.68	55.07	55.70	56.32	56.71	57.34

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	39.72	42.03	45.88	48.19	52.04	54.35	58.20
Camarilla	48.04	48.60	49.17	49.73	50.30	50.86	51.42
Woodie	40.49	42.42	46.65	48.58	52.81	54.74	58.97
Fibonacci	42.03	44.38	45.84	48.19	50.54	52.00	54.35

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	33.29	35.75	39.42	41.88	45.55	48.01	51.68
Camarilla	41.41	41.98	42.54	43.10	43.66	44.22	44.79
Woodie	33.91	36.05	40.04	42.18	46.17	48.31	52.30
Fibonacci	35.75	38.09	39.54	41.88	44.22	45.67	48.01

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):	85.23
MACD (12,26,9):	3.4500
Directional Movement:	44.92
AROON (14):	85.71
DEMA (21):	52.07
Parabolic SAR (0,02-0,02-0,2):	45.50
Elder Ray (13):	6.69
Super Trend (3,10):	50.56
Zig ZAG (10):	56.02
VORTEX (21):	1.3100
Stochastique (14,3,5):	95.57
TEMA (21):	54.80
Williams %R (14):	-11.57
Chande Momentum Oscillator (20):	13.29
Repulse (5,40,3):	5.8900
ROCnROLL:	1
TRIX (15,9):	0.7300
Courbe Coppock:	45.62

MA7:	52.34
MA20:	46.65
MA50:	43.14
MA100:	45.39
MAexp7:	52.88
MAexp20:	48.15
MAexp50:	45.38
MAexp100:	46.06
Price / MA7:	+6.97%
Price / MA20:	+20.02%
Price / MA50:	+29.79%
Price / MA100:	+23.35%
Price / MAexp7:	+5.88%
Price / MAexp20:	+16.28%
Price / MAexp50:	+23.38%
Price / MAexp100:	+21.56%

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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