DUOLINGO (DUOL) Stock Technical Analysis
NASDAQ:DUOL - Nasdaq - US26603R1068 - Common Stock - Currency: USD
Taking everything into account, DUOL scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, DUOL has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, DUOL did better than 98% of all other stocks. On top of that, DUOL also shows a nice and consistent pattern of rising prices.
DUOL is part of the Diversified Consumer Services industry. There are 73 other stocks in this industry. DUOL outperforms 94% of them.
DUOL is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DUOL is leading the market.
DUOL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
DUOL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
276.95
525.41
When analyzing the support we can see 4 important areas.
- A support zone ranging from 514.29 to 520.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @321.52 from a trend line in the weekly time frame.
- Support @298.49 from a trend line in the daily time frame.
- Support @279.75 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 | UP | POSITIVE | The long term trend for DUOL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DUOL is up. |
| ChartMill Relative Strength | 98.44 | POSITIVE | DUOL has a high relative strength, it outperformed 98.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DUOL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DUOL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DUOL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.63 | OVERBOUGHT | The high RSI value suggests DUOL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.92 | NEGATIVE | The MACD value suggests DUOL has a negative trend. |
| Stochastics (14,3) | 66.68 | NEUTRAL | The Stochastics value for DUOL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.13 | MEDIUM VOLATILITY | The ATR as a percentage value for DUOL suggests some volalility. |
| Average Directional Index/ADX (14) | 51.66 | POSITIVE | The high ADX value value for DUOL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 544.94 | 514.28 | 30.66 (5.63%) | 17.77% |
| An entry @544.94. This is a Buy Stop order right above the 10 day high. | An exit @514.28. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 30.66 points, which is 5.63%. | When investing 17.77% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
520.21
+2.41 (+0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg0.47%
1 Week-1.67%
2 Weeks1.45%
1 Month36.24%
3 Month35%
6 Month47.8%
12 Month191.6%
2 Year247.8%
3 Year522.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)17.01
ATR(20)%4.13%
ATR Inc-35.79%
Range Today14.41
ADR(20)19.68
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.44
Mansfield7.09
10 Day High544.93
10 Day Low503
20 Day High544.93
20 Day Low371.31
52 Week High544.93
52 Week Low145.05
CS1 End520.2
CR1 StartN/A
Volume & EV
DER(3)-1.47%
DER(5)-0.44%
Volume459.60K
Volume Incr-37.24%
Vol(5)667.28K
Vol(50)907.59K