Docusign price receives positive support - Forecast today - 24-04-2024

Docusign’s stock price (DOCU) rose in the intraday levels, after leaning on the upward short-term trend line, while also leaning on the support of the 50-day SMA, lending it positive momentum, with positive signals from the RSI after reaching oversold levels.

Therefore we expect more gains for the stock, targeting the first resistance at $60.00, provided the support of $54.60 holds on. 

Trend forecast: Bullish