Trend Tracker for Docusign Inc. Common Stock DOCU

The data for Docusign Inc. Common Stock (NASDAQ: DOCU) herein utilizes proprietary algorithms produced by Stock Traders Daily and refined since the turn of the century.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for DOCU change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if DOCU is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for DOCU too.  All of these are offered below the Summary Table.

Longer Term Trading Plans for DOCU

• Buy DOCU slightly over 239.72 target 275.40 stop loss @ 239.03 Details

The technical summary data tells us to buy DOCU near 239.72 with an upside target of 275.40. This data also tells us to set a stop loss @ 239.03 to protect against excessive loss in case the stock begins to move against the trade. 239.72 is the first level of support below 272.89 , and by rule, any test of support is a buy signal. In this case, support 239.72 would be being tested, so a buy signal would exist.

• Short DOCU under 275.40, target 239.72, stop loss @ 276.2 Details

The technical summary data is suggesting a short of DOCU as it gets near 275.40 with a downside target of 239.72. We should have a stop loss in place at 276.2though. 275.40 is the first level of resistance above 272.89, and by rule, any test of resistance is a short signal. In this case, if resistance 275.40 is being tested, so a short signal would exist.

Swing Trading Plans for DOCU

• Buy DOCU slightly over 275.40, target 275.61, Stop Loss @ 274.6 Details

If 275.40 begins to break higher, the technical summary data tells us to buy DOCU just slightly over 275.40, with an upside target of 275.61. The data also tells us to set a stop loss @ 274.6 in case the stock turns against the trade. 275.40 is the first level of resistance above 272.89, and by rule, any break above resistance is a buy signal. In this case, 275.40, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short DOCU near 275.40, target 261.90, Stop Loss @ 276.2. Details

The technical summary data is suggesting a short of DOCU if it tests 275.40 with a downside target of 261.90. We should have a stop loss in place at 276.2 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 275.40, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for DOCU

• Buy DOCU slightly over 275.40, target 275.61, Stop Loss @ 274.76 Details

If 275.40 begins to break higher, the technical summary data tells us to buy DOCU just slightly over 275.40, with an upside target of 275.61. The data also tells us to set a stop loss @ 274.76 in case the stock turns against the trade. 275.40 is the first level of resistance above 272.89, and by rule, any break above resistance is a buy signal. In this case, 275.40, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short DOCU near 275.40, target 270.20, Stop Loss @ 276.04. Details

The technical summary data is suggesting a short of DOCU if it tests 275.40 with a downside target of 270.20. We should have a stop loss in place at 276.04 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 275.40, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

DOCU Ratings for October 19:

Term →	Near	Mid	Long
Rating	Neutral	Weak	Strong
P1	0	0	239.72
P2	270.20	261.90	275.40
P3	276.52	275.61	311.06

Support and Resistance Plot Chart for DOCU

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