NASDAQ:DOCU • US2561631068
Taking everything into account, DOCU scores 1 out of 10 in our technical rating. DOCU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, DOCU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
44.03
We found 1 important support area.
When analyzing the resistance we notice 5 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DOCU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DOCU is down. |
| ChartMill Relative Strength | 8.79 | NEGATIVE | DOCU has a low relative strength, it was outperformed by 91.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DOCU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DOCU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DOCU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.8 | NEUTRAL | The RSI value for DOCU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.96 | POSITIVE | The MACD value suggests DOCU has a positive trend. |
| Stochastics (14,3) | 80.02 | OVERBOUGHT | The high Stochastics value suggests DOCU may be overbought. |
| Average True Range in percent/ATR (20) | 5.22 | HIGH VOLATILITY | The high ATR as a percentage value for DOCU suggests high volalility. |
| Average Directional Index/ADX (14) | 43.1 | POSITIVE | The high ADX value value for DOCU suggests a strong trend. |
46.22
-0.52 (-1.11%)
ChartMill assigns a technical rating of 1 / 10 to DOCU.
The current trend direction for DOCUSIGN INC (DOCU) is Bearish.
DOCUSIGN INC (DOCU) has an RSI value of 42.7951. This indicates that the stock is currently neutral.
The MACD indicator for DOCUSIGN INC (DOCU) has a value of 0.964261, indicating a bearish trend.
The buy/sell signal for DOCUSIGN INC (DOCU) is sell as both the short term and long term trends are negative.