DocuSign Inc (DOCU)
DocuSign, Inc. is a leading provider of e-signature technology and digital transaction management solutions, empowering organizations to manage agreements digitally. Headquartered in San Francisco, California, the company's robust cloud-based platform streamlines the signing process and enhances efficiency for businesses of all sizes across various industries. With a commitment to innovation, DocuSign continues to expand its offerings, including advanced features in areas such as workflow automation and compliance, positioning itself as a pivotal player in facilitating secure and efficient online transactions globally.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 18.26% per annum.
- DOCU price at the close of January 16, 2026 was $56.71 and was lower than the bottom border of the primary price channel by $2.75 (4.63%). This indicates a possible reversal in the primary trend direction.
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 26.72% per annum.
- DOCU price at the close of January 16, 2026 was lower than the bottom border of the secondary price channel by $1.73 (2.96%).
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of DOCU price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: September 16, 2022
End date: January 12, 2026
a = 3.5601
b = 0.0005
s = 0.1561
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0005) – 1
= 18.26%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.1561) – 1
= 86.73%
September 16, 2022 calculations
Top border of price channel:
Exp(Y419)
= Exp(a + b × X419 + 2 × s)
= Exp(a + b × 605 + 2 × s)
= Exp(3.5601 + 0.0005 × 605 + 2 × 0.1561)
= Exp(4.1503)
= $63.45
Bottom border of price channel:
Exp(Y419)
= Exp(a + b × X419 – 2 × s)
= Exp(a + b × 605 – 2 × s)
= Exp(3.5601 + 0.0005 × 605 – 2 × 0.1561)
= Exp(3.5258)
= $33.98
January 12, 2026 calculations
Top border of price channel:
Exp(Y1,251)
= Exp(a + b × X1,251 + 2 × s)
= Exp(a + b × 1,819 + 2 × s)
= Exp(3.5601 + 0.0005 × 1,819 + 2 × 0.1561)
= Exp(4.7080)
= $110.83
Bottom border of price channel:
Exp(Y1,251)
= Exp(a + b × X1,251 – 2 × s)
= Exp(a + b × 1,819 – 2 × s)
= Exp(3.5601 + 0.0005 × 1,819 – 2 × 0.1561)
= Exp(4.0835)
= $59.35
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 18.26% per annum.
- DOCU price at the close of January 16, 2026 was $56.71 and was lower than the bottom border of the primary price channel by $2.75 (4.63%). This indicates a possible reversal in the primary trend direction.
Secondary Trend
Start date: December 6, 2024
End date: January 16, 2026
a = 5.7442
b = -0.0009
s = 0.0619
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0009) – 1
= -26.72%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0619) – 1
= 28.10%
December 6, 2024 calculations
Top border of price channel:
Exp(Y978)
= Exp(a + b × X978 + 2 × s)
= Exp(a + b × 1,417 + 2 × s)
= Exp(5.7442 + -0.0009 × 1,417 + 2 × 0.0619)
= Exp(4.6613)
= $105.78
Bottom border of price channel:
Exp(Y978)
= Exp(a + b × X978 – 2 × s)
= Exp(a + b × 1,417 – 2 × s)
= Exp(5.7442 + -0.0009 × 1,417 – 2 × 0.0619)
= Exp(4.4137)
= $82.58
January 16, 2026 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(5.7442 + -0.0009 × 1,823 + 2 × 0.0619)
= Exp(4.3156)
= $74.86
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(5.7442 + -0.0009 × 1,823 – 2 × 0.0619)
= Exp(4.0680)
= $58.44
Description
- The secondary trend is decreasing.
- The decline rate of the secondary trend is 26.72% per annum.
- DOCU price at the close of January 16, 2026 was lower than the bottom border of the secondary price channel by $1.73 (2.96%).