Is DocuSign, Inc. technically bullish or bearish?

As of 10 October 2025, the technical trend for DocuSign, Inc. has changed from mildly bearish to bearish. The current stance is bearish, with key indicators supporting this view including a bearish MACD on both the weekly and daily time frames, and bearish signals from Bollinger Bands across both weekly and monthly periods. The daily moving averages also indicate a bearish trend.
In terms of performance, DocuSign has underperformed the S&P 500 significantly over the past month, with a return of -13.22% compared to the S&P 500's 0.31%, and a year-to-date return of -23.95% versus the S&P 500's 11.41%. Overall, the technical indicators suggest a weak bearish sentiment for the stock.