DocuSign, Inc. (NASDAQ:DOCU): The Good, The Bad, The Ugly (2020-01-06)

REPORTING FOR 2020-01-06 | WCX19.ORG: We have done an in-depth analysis of how DOCU has been trading over the last 2 weeks and the past day especially. On its latest session, DocuSign, Inc. (NASDAQ:DOCU) opened at 74.87, reaching a high of 75.8099 and a low of 73.68 before closing at a price of 75.56. There was a total volume of 1255463.

VOLUME INDICATORS FOR DOCUSIGN, INC. (NASDAQ:DOCU): We saw an accumulation-distribution index of 354.83946, an on-balance volume of 75.9, chaikin money flow of 3.53218 and a force index of 0.783. There was an ease of movement rating of -0.00764, a volume-price trend of 13.26165 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR DOCUSIGN, INC. (NASDAQ:DOCU): We noted an average true range of 1.11731, bolinger bands of 74.50311, an upper bollinger band of 73.28689, lower bollinger band of 73.68, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 74.78663, high band keltner channel of 73.84673, low band keltner channel of 75.72653, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 73.68, a donchian channel low band of 73.68, a donchian channel high band indicator of nan, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR DOCUSIGN, INC. (NASDAQ:DOCU): We calculated a Moving Average Convergence Divergence (MACD) of 0.00965, a MACD signal of 0.00536, a MACD difference of 0.00429, a fast Exponential Moving Average (EMA) indicator of 73.68, a slow Exponential Moving Average (EMA) indicator of 73.68, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.17831, a trix of 9.12242, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -11.10052, a KST Oscillator (KST) of 177.38267 and a KST Oscillator (KST Signal) of 177.38267 (leaving a KST difference of 1.71782). We also found an Ichimoku rating of 75.33995, an Ichimoku B rating of 75.33995, a Ichimoku visual trend A of 66.26758, an Ichimoku visual trend B of 68.50856, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM INDICATORS FOR DOCUSIGN, INC. (NASDAQ:DOCU): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 90.31774, a stochastic oscillator of 226.60921, a stochastic oscillator signal of 226.60921, a Williams %R rating of 126.60921 and an awesome oscillator of -0.11549.

RETURNS FOR DOCUSIGN, INC. (NASDAQ:DOCU): There was a daily return of 17.73827, a daily log return of 0.58191 and a cumulative return of 0.5836.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-06 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for DocuSign, Inc. (NASDAQ:DOCU)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling DocuSign, Inc. (NASDAQ:DOCU) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.