Docusigns stock price (DOCU) returned higher in the intraday levels, amid the dominance of the upward short-term trend, with positive pressure from the 50-day SMA, while attempting to pierce the current resistance of $60.00, however its countered by negative signals from the RSI after reaching overbought levels, hindering upcoming gains.
Therefore we expect more gains for the stock, targeting the pivotal resistance of $64.70, provided the initial resistance of $60.00 is reliably breached.
Trend forecast: Likely Bullish