Replies to post #152 on DocuSign Inc (DOCU)

[fung_derf]

DocuSign, Inc. 
 (DOCU) 
  
 $49.55 -3.77 (-7.07%) 
  0 
  0 
  0 
  
 Show Me Around 
  
 Earnings Expected 11/30/2022 (3 more) 
  
 Chart 
  
 Chart with 5 data series. 
 View as data table, Chart 
 The chart has 5 Y axes displaying values values values values and values. 
 1 
 This instrument has a 1 out of 5 Technical Attribute. 
 0 
  Tech Attribute 
 5 
 Sell 
 End of interactive chart. 
 Moved up from  
 0 (Strong Sell)  
 on 11/11/22 
 Trend 
 Negative 
 11/10/21 
 Strength vs. Market SPXEWI  
 Sell Signal 
 12/03/21 
 X Column  
 11/11/22 
 Strength vs. Peers DWASOFT  
 Sell Signal 
 12/03/21 
 O Column 
 06/10/22 
  Sector - Software 
 DOCU Rank Within Sector Matrix 
 103 of 141In Sector Matrix 
 Software Rank Within DWA Group Matrix 
 37 of 41In DWA Group Matrix 
 Sector Status 
 AVERAGE 
 Secondary Indicators 
 RRisk 
 2.70 
 Beta 
 1.03 
 Yield 
 - 
 Weekly OBOS 
 -16.29% 
 Momentum 
 5D 
 | 
 2W 
 | 
 1M 
   
   
 Pattern 
 Double Top 11/10/22 
 Chart 
 Stock Details 
 PnF History 
 Analyst Comments 
 Held By 
 Other Ideas 
 Optionable  
 Performance 
  
 YTD PERF 
 -67.47% 
 CHART HIGH 
 $314.76 (08/10/21) 
 CHART LOW 
 $35.06 (11/20/18) 
 BULLISH PRICE OBJECTIVE  
 $83.00 
 BULLISH REWARD RISK  
 3.17 
 MOVING AVERAGES 
 50: 50.70 
 150: 64.39 
 200: 74.86

[fung_derf]

What does this all mean, you might ask.....Very early, but might be a bottom fish play....but I'm not a bottom fisherman.

DOCU (DocuSign, Inc.) broke a Double Top at 44.000 on 11/10/2022. DocuSign, Inc. is part of the DWA Software sector whose Bullish Percent Chart is in Bull Confirmed status at 32 % in a column of X's. DOCU is in a negative trend as it is trading below its bearish resistance line. The Relative Strength against the market is on a sell signal given on 12/03/2021 and the RS chart has been in a column of X's since 11/11/2022. The weekly momentum, an indication of short term strength or weakness, turned positive on 11/11/2022. The simple moving averages show the stock trading below its 200 day moving average and below its 50 day moving average. The relationship between the 50 day and the 200 day moving average shows the 50 day moving average below the 200 day. DOCU is trading -16.29% on the oversold side of the ten week trading band, the middle of this trading band is 53.02. The 30 day trading volume average is 4818203 shares.
DocuSign, Inc. provides cloud-based electronic signature solutions. Its cloud based electronic signature platform helps companies and individuals securely collect information, automate data workflows and sign anything. The firm automates manual, paper-based processes allowing users to manage all aspects of documented business transactions include identity management, authentication, digital signature, forms and data collection, collaboration, workflow automation and storage. DocuSign was founded by Thomas H. Gonser and Court Lorenzini in 2003 and is headquartered in San Francisco, CA.