DocuSign Trading Volume Drops 51% Ranking 426th Despite Two-Day Gain

Generated by AI AgentAinvest Market Brief
Monday, Mar 24, 2025 8:44 pm ET1min read

On March 24, 2025, DocuSign's trading volume was $216 million, a 51.15% decrease from the previous day, ranking 426th in the day's stock market.

(DOCU) rose 1.07%, marking two consecutive days of gains, with a total increase of 4.57% over the past two days.

DocuSign, Inc. provides electronic signature solutions in the United States and internationally. The company's consensus rating is Hold, with a price target of $95.00, indicating a potential upside of 7.65%.

Technical analysis of DocuSign's stock shows a mix of signals. The Moving Averages Convergence Divergence (MACD) indicator is -0.53, suggesting a sell. However, the 20-day and 50-day exponential moving averages are both below the current share price of $88.06, indicating a buy. The Relative Strength Index (RSI) is 57.09, which is neutral, while the Commodity Channel Index (CCI) is 142.96, suggesting a sell. The Price Rate of Change (ROC) is 7.78, indicating a buy.

Pivot points, a technical analysis tool used to identify potential support and resistance levels, show that DocuSign's pivot point is $85.73, with support levels at $81.05, $82.82, and $83.96, and resistance levels at $86.87, $88.64, and $89.78. The stock's 10-day, 50-day, 100-day, and 200-day simple moving averages are all below the current share price, creating buy signals.

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