DOCU
DocuSign Inc. Technology - E-Signature Investor Relations →
DocuSign Inc. (DOCU) closed at $47.23 as of 2026-03-20, trading 24.6% below its 200-week moving average of $62.67. This places DOCU in the extreme value zone. The stock moved further from the line this week, up from -25.1% last week. With a 14-week RSI of 22, DOCU is in oversold territory.
A big jump in activity this week — 2.0x the usual volume, and the price went up. Significantly more people than usual decided to buy. This kind of surge, especially on a stock already below its 200-week average, can be an early sign that sentiment is shifting.
Over the past 364 weeks of data, DOCU has crossed below its 200-week moving average 7 times. On average, these episodes lasted 29 weeks. Historically, investors who bought DOCU at the start of these episodes saw an average one-year return of +184.1%.
With a market cap of $9.2 billion, DOCU is a mid-cap stock. The company generates a free cash flow yield of 13.1%, which is notably high. Return on equity stands at 15.8%, a solid level. The stock trades at 4.9x book value.
DOCU passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 7 years, a hypothetical investment of $100 in DOCU would have grown to $84, compared to $245 for the S&P 500. DOCU has returned -2.5% annualized vs 13.6% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 27.4% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: DOCU vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After DOCU Crosses Below the Line?
Across 7 historical episodes, buying DOCU when it crossed below its 200-week moving average produced an average return of +216.8% after 12 months (median +284.0%), compared to +4.5% for the S&P 500 over the same periods. 75% of those episodes were profitable after one year. After 24 months, the average return was +345.5% vs +41.5% for the index.
Each line shows $100 invested at the moment DOCU crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
DOCU has crossed below its 200-week MA 7 times with an average 1-year return of +184.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jun 2019 | Jun 2019 | 1 | 4.7% | +190.0% | -1.9% |
| Jun 2019 | Jul 2019 | 1 | 1.7% | +257.2% | -5.0% |
| Jul 2019 | Sep 2019 | 5 | 12.8% | +344.3% | -3.2% |
| Jan 2022 | Jul 2025 | 183 | 71.8% | -55.3% | -63.8% |
| Jul 2025 | Aug 2025 | 3 | 8.4% | N/A | -36.0% |
| Nov 2025 | Nov 2025 | 1 | 1.1% | N/A | -27.8% |
| Jan 2026 | Ongoing | 10+ | 29.7% | Ongoing | -16.7% |
| Average | 29 | — | +184.1% | — |
Frequently Asked Questions
Is DOCU below its 200-week moving average?
Yes. As of 2026-03-20, DocuSign Inc. (DOCU) is trading 24.6% below its 200-week moving average of $62.67. The current price is $47.23.
What is DOCU's 200-week moving average price?
DocuSign Inc.'s 200-week moving average is $62.67 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when DOCU drops below its 200-week moving average?
DOCU has crossed below its 200-week moving average 7 times in our data. On average, buying at that moment produced a one-year return of +184.1%. These dips have historically been decent entry points. These episodes lasted 29 weeks on average.
Is DOCU a good value right now?
Here's what our data says about DOCU as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 22 (oversold). Free cash flow yield is 13.1%. Return on equity is 15.8%. Price-to-book is 4.9x. This is not a buy or sell recommendation — always do your own research.
How does DOCU compare to the S&P 500?
Over the past 7 years, $100 invested in DOCU would have grown to $84, compared to $245 for the S&P 500. That's -2.5% annualized vs 13.6% for the index. DOCU has underperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20