Stock Analysis: Docusign Inc (DOCU)

Stock Analysis for Docusign Inc (DOCU)

The Interpreter
Hey Friend, I'm analysing DOCUSIGN INC (DOCU), and it is between the Support of $ 58.54 (Triangle Projection Level 0) and the Resistance of $ 59.92 (PivotR1). The stock is falling and may come close and reach $ 58.54 soon.

Docusign Inc (DOCU)

$ 59.87 -2.1%

Last Close 16-May-24

Trade DOCU Now

Supports

Next Support: $ 58.54

Pivot: $ 58.52
Fibonacci 61.8%: $ 54.58
Triangle Level (0): $ 58.54

Resistances

Next Resistance: $ 59.92

Pivot R1: $ 59.92
Fibonacci 100%: $ 64.76
Triangle Level (4): $ 65.42

Supports and Resistances

Click to Enlarge

Candlesticks, "48-hour" Trade Signals +

Date	Price $	Result %	Candle Name	Side
001 01 May 2024	Buy Price: 57.30	Profit: Open Day1 ($ 57.67)	Engulfing	Buy
002 18 Apr 2024	Sell Price: 57.04	Profit: Open Day1 ($ 56.77)	Engulfing	Sell
003 16 Apr 2024	Buy Price: 57.74	Profit: Open Day1 ($ 58.00)	Piercing Line	Buy
004 12 Apr 2024	Sell Price: 58.90	Profit: Open Day1 ($ 58.87)	Engulfing	Sell
005 10 Apr 2024	Sell Price: 59.25	Profit: Open Day1 ($ 59.10)	Abandoned Baby	Sell
006 18 Mar 2024	Buy Price: 58.12	Profit: Close Day1 ($ 58.95)	Engulfing	Buy
007 16 Feb 2024	Sell Price: 50.22	Profit: Open Day1 ($ 49.87)	Abandoned Baby	Sell
008 14 Feb 2024	Buy Price: 51.09	Profit: Open Day1 ($ 51.70)	Abandoned Baby	Buy
009 08 Jan 2024	Buy Price: 55.66	Profit: Close Day1 ($ 56.09)	Abandoned Baby	Buy
010 28 Dec 2023	Buy Price: 60.20	Loss: Close Day2 ($ 57.02)	Piercing Line	Buy
011 30 Nov 2023	Sell Price: 43.10	Loss: Close Day2 ($ 45.88)	Engulfing	Sell
012 28 Nov 2023	Buy Price: 42.71	Profit: Open Day1 ($ 43.29)	Engulfing	Buy
013 24 Oct 2023	Buy Price: 40.54	Loss: Close Day2 ($ 38.96)	Abandoned Baby	Buy
014 06 Oct 2023	Buy Price: 42.13	Profit: Close Day1 ($ 42.38)	Engulfing	Buy
015 04 Oct 2023	Buy Price: 41.91	Profit: Close Day2 ($ 42.13)	Abandoned Baby	Buy
016 27 Sep 2023	Buy Price: 41.32	Profit: Close Day1 ($ 42.01)	Abandoned Baby	Buy
017 07 Sep 2023	Sell Price: 52.13	Profit: Close Day1 ($ 50.21)	Abandoned Baby	Sell
018 24 Aug 2023	Sell Price: 46.69	Loss: Close Day2 ($ 47.74)	Engulfing	Sell
019 18 Aug 2023	Buy Price: 48.28	Loss: Close Day2 ($ 47.87)	Engulfing	Buy
020 14 Aug 2023	Buy Price: 49.43	Loss: Close Day2 ($ 48.36)	Piercing Line	Buy
021 04 Aug 2023	Sell Price: 51.24	Profit: Open Day2 ($ 50.59)	Dark Cloud Cover	Sell
022 03 Aug 2023	Buy Price: 52.25	Profit: Open Day1 ($ 52.97)	Engulfing	Buy
023 27 Jul 2023	Sell Price: 52.01	Loss: Close Day2 ($ 53.82)	Dark Cloud Cover	Sell
024 26 Jul 2023	Buy Price: 52.53	Profit: Open Day1 ($ 53.37)	Engulfing	Buy
025 20 Jul 2023	Sell Price: 51.72	Loss: Close Day2 ($ 51.82)	Abandoned Baby	Sell
026One Year Average	Both Sides Result for 25 Signals	Loss: $ -2.81 ($ -0.11 / Signal) -5.5% Gross in 1 Year	All of Them	Buy + Sell

Trading Rules for Candlesticks Patterns.

Buy or Sell on the same day of the signal, during the after-hours trading session.
Watch the Opening and Closing of the next 2 days (4 in total).
Immediately exit the Trade when one of them (Open or Close, Day 1 or 2) gives you a profit.
The table above will show the first Profit opportunity, but not in real-time. Therefore, you must watch the market in real-time with your broker.

Remember: The returns an asset made in the past don't mean that future returns will be the same.

Backtest Lab, "Buy The Dip" Trade Signals +

Find The Lastest Buy Signals for DOCU Below.

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The Latest Trade Signals

Moving Averages +

Bought Moving Averages

Sold Moving Averages

Simple Moving Averages (SMA) Period	Value $	Signal	Exponential Moving Averages (EMA) Period	Value $	Signal
2	60.52	SELL	2	60.13	SELL
3	60.25	SELL	3	60.05	SELL
5	59.71	BUY	5	59.75	BUY
8	58.96	BUY	8	59.37	BUY
13	58.74	BUY	13	58.95	BUY
21	57.99	BUY	21	58.59	BUY
34	58.33	BUY	34	58.20	BUY
55	57.76	BUY	55	57.59	BUY
90	57.22	BUY	90	56.46	BUY
200	51.55	BUY	200	55.01	BUY

Company Info +

Name & IPO

Docusign Inc
IPO: 2018-04-27

Stock Ticker & Exchange

Ticker: DOCUIndices: Nasdaq 100,
Exchange: Nasdaq Nms - Global Market (US - USD)

Contact

Website: https://www.docusign.com
Phone:

Stock Type

Common Stock

SIC Office

Technology ()

Industry

Services-prepackaged Software

EIN

Fiscal Year End

State of Inc.

Balance Sheets +

in USD millions (if not decimal) - Dictionary

Income Statement +

in USD millions (if not decimal) - Dictionary

Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.