Similar to my sentiment around my investment in Zillow, DocuSign 
DOCU may show continued weakness in the near-term. The open price gaps in the $30's and $40's may get filled before a strong move up given the housing market news is all doom and gloom (it's winter and interest rates are going lower this spring/summer, causing many buyers and sellers to 'pause' searching/selling). But, contrary to news headlines, the housing market is actually still red hot in many locations as the great wealth transfer continues. The market is still pent up with buyers and sellers who are looking for low rates to move / sign loans. So, from housing to financial institutions, DOCU has hold within this niche.
Technical Analysis
Growth
Health
Action
Targets into 2028
DOCU may show continued weakness in the near-term. The open price gaps in the $30's and $40's may get filled before a strong move up given the housing market news is all doom and gloom (it's winter and interest rates are going lower this spring/summer, causing many buyers and sellers to 'pause' searching/selling). But, contrary to news headlines, the housing market is actually still red hot in many locations as the great wealth transfer continues. The market is still pent up with buyers and sellers who are looking for low rates to move / sign loans. So, from housing to financial institutions, DOCU has hold within this niche. Technical Analysis
- The price is currently just below the bottom of my selected historical simple moving average band. This band represents the historical mean and, inevitably, the price ebbs and flows through it. It's often an area of share accumulation and support/resistance. If the price dips further into the $40's and $30's to close the lowest open price gaps, I'll be going in heavily (unless there is a major economic collapse).
Growth
- Anticipated EPS growth between 2025 ($3.78) and 2027 ($4.54) = +20.0%
- Anticipated revenue growth between 2025 ($3.21 billion) and 2027 ($3.69 billion) = +14.9%
Health
- Debt-to-Equity: 0.1x (very healthy)
- Quick Ratio / short-term debt: .73x (slight risk)
- Altman's Z Score / risk of bankruptcy: 4.7 (low risk)
Action
- While there may be short-term weakness for DOCU down into the $40's and $30's, the future looks bright as long as the housing / financial market doesn't break. Thus, at $56.00, DOCU is in a personal buy zone with additional entries planned with dips to close the lowest open price gaps (unless a major economic crash happens).
Targets into 2028
- $83.00 (+48.2%)
- $100.00 (+78.6%)
Uwaga
Added more to the position at $45.00 for a cost average of $48.93.
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If you enjoy this idea, please follow for more: tradingview.com/u/WorthlessViews/
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.