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Stock Charts AI Power Rank: 4.5
Power Rank trend -> Falling
07/26/2024 16:00:00 EST
DocuSign Inc (DOCU)
Industry: Software - Application
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, DOCU has been trading in a range between $57.13 and $51.91 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Yellow zone which means the stock is transitioning zones. We would avoid this stock currently.
Upside / Downside Potential
DocuSign Inc $DOCU entered a Yellow zone 2 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $64.42, a potential upside of 15.24% from the recent price of 55.90. The stock is trading 15.85% (potential upside) below its 52 week high of $64.76 and 46.68 % (potential downside) above its 52 week low of $38.11 - based on the recent price.
Company Summary
DocuSign, Inc provides electronic signature solution in the United States and internationally. The company provides e-signature solution that enables sending and signing of agreements on various devices; Contract Lifecycle Management (CLM), which automates workflows across the entire agreement process; Document Generation streamlines the process of generating new, custom agreements; and Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce.
News
| Why DocuSign (DOCU) Outpaced the Stock Market Today In the most recent trading session, DocuSign (DOCU) closed at $55.90, indicating a +1.45% shift from the previous trading day. Source: Zacks Investment Research Fri, 26 Jul 2024 18:52:25 -0400 Sentiment: Positive |
| DocuSign (DOCU) Laps the Stock Market: Here's Why The latest trading day saw DocuSign (DOCU) settling at $56.62, representing a +1.31% change from its previous close. Source: Zacks Investment Research Mon, 22 Jul 2024 18:55:45 -0400 Sentiment: Neutral |
| DocuSign (DOCU) Dips 12% in 6 Months: Is the Stock Worth Buying? Given the recent decline in DocuSign (DOCU) shares, we evaluate the stock's current position to determine whether it presents a good investment opportunity at this time. Source: Zacks Investment Research Fri, 19 Jul 2024 13:41:24 -0400 Sentiment: Positive |
| DocuSign: The Profitability Narrative Deserves More Credit Than Slowing Growth DocuSign has struggled to maintain sales execution despite digitization trends, causing its stock to dramatically underperform the S&P 500. Still, the company enjoys tremendous secular expansion tailwinds, especially overseas, where its penetration rates are still low. The stock trades at a very attractive ~10x FCF multiple. Source: Seeking Alpha Fri, 19 Jul 2024 05:26:02 -0400 Sentiment: Positive |
| Docusign Inc. (DOCU) is Attracting Investor Attention: Here is What You Should Know Zacks.com users have recently been watching DocuSign (DOCU) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects. Source: Zacks Investment Research Thu, 18 Jul 2024 10:01:19 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 64.76 52 Week Low: 38.11 Beta: 0.938 50 Day MA: 54.745 200 Day MA: 53.4136 Earnings / Revenue Trends Qtr Earnings Growth YOY: 60.776 Qtr Revenue Growth YOY: 0.073 Forward PE: 16.3132 Trailing PE: 107.5