DUOLINGO (DUOL) Stock Technical Analysis
NASDAQ:DUOL • US26603R1068
Taking everything into account, DUOL scores 0 out of 10 in our technical rating. DUOL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, DUOL is a bad performer in the overall market: 96% of all stocks are doing better.
- DUOL is part of the Diversified Consumer Services industry. There are 75 other stocks in this industry, of which 77% are performing better than DUOL.
- DUOL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month DUOL has a been trading in the 107.16 - 161.28 range, which is quite wide. It is currently trading near the lows of this range.
- DUOL has an average volume of 2055980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of DUOL is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
111.44
2 important resistance areas can be observed.
- A resistance zone ranging from 116.67 to 117.64. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @120.70 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DUOL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for DUOL is down. |
| ChartMill Relative Strength | 4.38 | NEGATIVE | DUOL has a low relative strength, it was outperformed by 95.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DUOL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DUOL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DUOL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.39 | OVERSOLD | The low RSI value suggests DUOL may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests DUOL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.68 | OVERSOLD | The low Stochastics value suggests DUOL may be oversold. |
| Average True Range in percent/ATR (20) | 6.93 | HIGH VOLATILITY | The high ATR as a percentage value for DUOL suggests high volalility. |
| Average Directional Index/ADX (14) | 39.21 | POSITIVE | The high ADX value value for DUOL suggests a strong trend. |
112.57
+0.52 (+0.46%)
DUOLINGO / DUOL FAQ
What is the technical rating for DUOL stock?
ChartMill assigns a technical rating of 0 / 10 to DUOL.
Can you provide the trend direction for DUOLINGO?
The current trend direction for DUOLINGO (DUOL) is Bearish.
Can you provide the RSI signal for DUOLINGO?
DUOLINGO (DUOL) has an RSI value of 26.3886. This indicates that the stock is currently oversold.
What is the short term momentum for DUOLINGO (DUOL) stock?
The short term momentum for DUOLINGO (DUOL) is negative.
What is the buy/sell signal for DUOLINGO (DUOL) stock?
The buy/sell signal for DUOLINGO (DUOL) is sell as both the short term and long term trends are negative.