DOCUSIGN INC stock forecast: down to 57.69 USD DOCU stock price prognosis

STOCK

Forecast for Thu 13 Jun 2024 price 57.42

DOCUSIGN INC stock price forecast for further price development down to -1.59% (time horizon: 1 day) and price target of 57.69 USD. Short-term (time horizon: 2 weeks) DOCUSIGN INC share price prediction for 2024-06-13 with daily closed price projections

Key Facts

Symbol DOCU 

ISIN US2561631068 

CUSIP 256163106


Currency USD


Category Services-Prepackaged Software

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 1,625,108,000.0


Earnings per share -1.09


On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

We accomplish this by transforming the foundational element of business: the agreement. It includes DocuSign eSignature, the world's #1 electronic signature solution. These experiences tend to have a meaningful impact on people's lives. DocuSign, Inc.| 2021 Form 10-K | 6•Reduced cost of doing business. For a number of use cases, such as buying a home, multiple Envelopes could be used. 8226;High availability and enterprise-class manageability. We also rely on a number of registered and unregistered trademarks to protect our brand. Consequently, our products and solutions may be perceived as not being secure. Moreover, a majority of our subscription contracts are for one year. However, the steps we take to protect our intellectual property may be inadequate. Large indemnity payments could harm our business, operating and financial condition. We do not have any control over these analysts.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/1261333/000126133321000059/0001261333-21-000059.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 56.42/100
    • Good financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - CEERA INVESTMENTS, LLC 2022-12-31 46234
A - BARCLAYS PLC 2023-06-30 304578
Frank, Rimerman Advisors LLC 2021-03-31 1080
Frank, Rimerman Advisors LLC 2020-12-31 1080
CGC Financial Services, LLC 2023-06-30 21

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Pacer Funds Trust 2023-07-31 1534 Long
Voya Equity Trust 2023-11-30 2736 Long
Growth Fund of America 2023-11-30 4615019 Long
GOLDMAN SACHS TRUST 2023-11-30 10791 Long
Legg Mason Partners Investment Trust 2023-11-30 401489 Long

Insider trading for DOCUSIGN INC

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1294600 Shaughnessy James P 2023-12-12 SALE Accept Accept Accept Accept
1932256 Shute Stephen 2024-03-19 SALE Accept Accept Accept Accept
1686308 Solvik Peter 2024-04-09 SALE Accept Accept Accept Accept
1295402 Salem Enrique T 2023-07-07 SALE Accept Accept Accept Accept
1517205 Springer Daniel D. 2023-10-10 SALE Accept Accept Accept Accept
1767659 Briggs Teresa 2024-02-29 SALE Accept Accept Accept Accept
1657309 Thygesen Allan C. 2024-04-01 SALE Accept Accept Accept Accept
1796825 Grayson Blake Jeffrey 2024-03-19 SALE Reject Reject Reject Reject


Bollinger Bollinger Bands for DOCUSIGN INC can provide the information where the market is moving based on price information.


DOCUSIGN INC Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.



Converting prices to returns DOCUSIGN INC.


On-Balance Volume information for DOCUSIGN INC. On-Balance Volume information can be an indicator for bullish or bearish outcome.



Accumulation / Distribution (A/D) indicator information for DOCUSIGN INC. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for DOCUSIGN INC. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for DOCUSIGN INC. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for DOCUSIGN INC. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for DOCUSIGN INC. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for DOCUSIGN INC. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.


The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.


The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.


Moving Average Crossover


52W High 52W Low Market Cap

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DOCUSIGN INC on Nasdaq

DOCUSIGN INC on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-22 57.69 2024-04-18 14:09
2024-05-24 57.65 2024-04-18 14:09
2024-05-23 57.68 2024-04-18 14:09
2024-05-20 57.77 2024-04-18 14:09
2024-05-21 57.66 2024-04-18 14:09
2024-05-27 57.64 2024-04-18 14:09
2024-05-28 57.64 2024-04-18 14:09
2024-05-29 57.62 2024-04-18 14:09
2024-05-30 57.58 2024-04-18 14:09
2024-06-07 57.48 2024-04-18 14:09
2024-06-05 57.52 2024-04-18 14:09
2024-06-03 57.57 2024-04-18 14:09
2024-06-04 57.52 2024-04-18 14:09
2024-05-31 57.59 2024-04-18 14:09
2024-06-06 57.51 2024-04-18 14:09
2024-06-10 57.47 2024-04-18 14:09
2024-06-11 57.45 2024-04-18 14:09
2024-06-12 57.43 2024-04-18 14:09
2024-06-13 57.42 2024-04-18 14:10
2024-05-13 57.77 2024-04-18 14:09
2024-05-14 57.77 2024-04-18 14:09
2024-04-22 58.19 2024-04-18 14:09
2024-05-08 57.79 2024-04-18 14:09
2024-04-19 58.36 2024-04-18 14:09
2024-04-23 58.23 2024-04-18 14:09
2024-05-15 57.80 2024-04-18 14:09
2024-05-16 57.77 2024-04-18 14:09
2024-04-26 58.14 2024-04-18 14:09
2024-04-29 57.81 2024-04-18 14:09
2024-04-30 57.98 2024-04-18 14:09
2024-05-01 58.06 2024-04-18 14:09
2024-05-02 58.06 2024-04-18 14:09
2024-05-03 58.04 2024-04-18 14:09
2024-05-09 57.94 2024-04-18 14:09
2024-05-17 57.77 2024-04-18 14:09
2024-04-24 57.81 2024-04-18 14:09
2024-04-25 58.02 2024-04-18 14:09
2024-05-06 58.09 2024-04-18 14:09
2024-05-07 58.05 2024-04-18 14:09
2024-05-10 57.92 2024-04-18 14:09

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.