In his No-Huddle Offense segment of Mad Money, Jim Cramer told viewers Monday evening as the weather is getting colder and Covid-19 cases in the U.K. and Spain are climbing, it looks like we're right back where we started, with investors buying up the Covid stocks. Real estate remains hot, and that's good news for DocuSign (DOCU) , added Cramer.
Let's check out the charts of DOCU.
In the daily bar chart of DOCU, below, we can see some weakness has developed. It looks like DOCU has just broken the August lows and we could see further downside testing of the July lows. Prices are below the declining 50-day moving average line.
Trading volume has been heavy this month and the On-Balance-Volume (OBV) line has turned sharply lower signaling a shift from aggressive buying to aggressive selling. The Moving Average Convergence Divergence (MACD) oscillator has crossed below the zero line for an outright sell signal.



