Does Docusign (DOCU) stock go up or down depending on the month?
Docusign month by month, year by year
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -23.2% | -14.2% | +5.2% | -3.0% | +14.2% | -15.4% | +23.4% | |||||
| 2025 | +7.5% | -14.0% | -2.1% | +0.4% | +8.4% | -12.1% | -2.9% | +1.3% | -6.0% | +1.5% | -5.2% | -1.4% |
| 2024 | +2.5% | -12.6% | +11.8% | -5.0% | -3.3% | -2.3% | +3.7% | +6.7% | +4.9% | +11.7% | +14.9% | +12.9% |
| 2023 | +9.4% | +1.2% | -5.0% | -15.2% | +14.1% | -9.4% | +5.3% | -6.5% | -16.5% | -7.4% | +10.9% | +37.9% |
| 2022 | -17.4% | -5.8% | -9.5% | -24.4% | +3.6% | -31.6% | +11.5% | -9.0% | -8.2% | -9.7% | -2.5% | +17.7% |
| 2021 | +4.8% | -2.7% | -10.7% | +10.1% | -9.6% | +38.7% | +6.6% | -0.6% | -13.1% | +8.1% | -11.5% | -38.2% |
| 2020 | +5.9% | +9.9% | +7.1% | +13.4% | +33.4% | +23.2% | +25.9% | +2.8% | -3.5% | -6.0% | +12.7% | -2.4% |
| 2019 | +23.4% | +11.5% | -6.0% | +9.3% | -1.1% | -11.3% | +4.0% | -9.7% | +32.6% | +6.9% | +7.6% | +4.1% |
| 2018 | +28.9% | +6.3% | +1.8% | +15.8% | -15.8% | -20.2% | -0.4% | -4.0% | ||||
| Average | +1.6% | -3.3% | -1.2% | -1.8% | +9.9% | -1.5% | +8.8% | +0.1% | -3.2% | -1.9% | +3.3% | +3.3% |
| % of years up | 75% | 38% | 38% | 50% | 67% | 33% | 89% | 50% | 25% | 50% | 50% | 50% |
| Years observed | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 8 |
Docusign month by month: the summary
Over 2018-2026, here's what Docusign (DOCU) stock did each month, on average: January +1.6% (up 75% of 8 years), February -3.3% (up 38% of 8 years), March -1.2% (up 38% of 8 years), April -1.8% (up 50% of 8 years), May +9.9% (up 67% of 9 years), June -1.5% (up 33% of 9 years), July +8.8% (up 89% of 9 years), August +0.1% (up 50% of 8 years), September -3.2% (up 25% of 8 years), October -1.9% (up 50% of 8 years), November +3.3% (up 50% of 8 years), December +3.3% (up 50% of 8 years). In other words, DOCU historically rose in January, May, July, August, November, December, and fell in February, March, April, June, September, October.
Does Docusign really go up in May?
Over 2018-2026, May is Docusign's strongest month: +9.9% on average, positive in 6 of 9 years. At the other end, February shows -3.3%. But a monthly gap is often built on one or two extreme years — the table above shows it: look at the spread, not just the average. Seasonality only means something when it has a cause (selling season, earnings calendar, year-end tax effects); with no identified cause, it's probably noise.
Frequently asked questions
Does Docusign stock go up or down in July?
Over 9 years, DOCU rose +8.8% on average in July, finishing the month up 8 times out of 9 (89%). Median: +5.3%. It's one of its most consistent months. ⚠️ 9 years of data is not a prediction.
Does Docusign stock go up or down in August?
Over 8 years, DOCU rose +0.1% on average in August, finishing the month up 4 times out of 8 (50%). Median: +0.4%. Results are split year to year — there's no clear pattern. ⚠️ 8 years of data is not a prediction.
Does Docusign stock go up or down in December?
Over 8 years, DOCU rose +3.3% on average in December, finishing the month up 4 times out of 8 (50%). Median: +1.4%. Results are split year to year — there's no clear pattern. ⚠️ 8 years of data is not a prediction.
Does Docusign stock go up or down in November?
Over 8 years, DOCU rose +3.3% on average in November, finishing the month up 4 times out of 8 (50%). Median: +3.6%. Results are split year to year — there's no clear pattern. ⚠️ 8 years of data is not a prediction.
Does Docusign stock go up or down in September?
Over 8 years, DOCU fell -3.2% on average in September, finishing the month up 2 times out of 8 (25%). Median: -7.1%. It's one of its weakest months. ⚠️ 8 years of data is not a prediction.
Does Docusign stock go up or down in October?
Over 8 years, DOCU fell -1.9% on average in October, finishing the month up 4 times out of 8 (50%). Median: -2.3%. Results are split year to year — there's no clear pattern. ⚠️ 8 years of data is not a prediction.
What is the best month to buy Docusign stock?
Historically, May: over the last 9 years, DOCU gained +9.9% on average that month and finished up 67% of the time (9 years observed). February is the weakest month (-3.3%). This is not a prediction: 9 years is a small sample, and the past is under no obligation to repeat.
Why does Docusign stock often rise in May?
May has averaged as its best month over 9 years (+9.9%, up 67% of years). No clearly established recurring seasonal driver explains this month — it's a statistical tendency over 9 years of history, not a prediction.
Is there a best month to invest in the stock market in general?
There's no universal rule: every stock has its own seasonality. For DOCU it's May (+9.9% on average over 9 years) — another stock will look completely different. The calendar effects people cite ("sell in May", the year-end rally) are market-wide averages, not laws: on DOCU, July is the most consistent month (89% positive years). We also rank all 12 months for the whole market.
Does stock seasonality actually work?
Careful. A month that rose 9 times out of 9 can simply be chance: with 12 months and a dozen years, patterns appear naturally even in random data. Seasonality describes what happened; it doesn't explain why and predicts nothing. Treat it as context, never as a standalone buy signal.
What data is this table based on?
On DOCU's real monthly closing prices from 2018 to 2026 (9 years), source Yahoo Finance. Each cell = the price change over that month. Price performance, excluding dividends. Incomplete months and quote gaps are excluded.