DUOL Technical Analysis - DUOLINGO

Technical Rating and Analysis

We assign a technical rating of 4 out of 10 to DUOL. In the past year, DUOL was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

DUOL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.

In the last month DUOL has a been trading in the 264.85 - 353.00 range, which is quite wide. It is currently trading near the high of this range.

DUOL has an average volume of 1983900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

When compared to the yearly performance of all other stocks, DUOL outperforms 52% of them, which is more or less in line with the market.

DUOL is part of the Diversified Consumer Services industry. There are 75 other stocks in this industry, DUOL did better than 55% of them.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is only medium, DUOL does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

269.77

350.75

We found 4 important support areas.

A support zone ranging from 317.78 to 324.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @303.71 from a horizontal line in the daily time frame.
Support @280.76 from a trend line in the weekly time frame.
Support @272.49 from a horizontal line in the daily time frame.

We found 1 important resistance area.

Resistance @347.28 from a horizontal line in the daily time frame.

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Technical Indicator Signal Analysis

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	NEUTRAL	NEUTRAL	The long term trend for DUOL is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for DUOL is up.
ChartMill Relative Strength	52.42	NEUTRAL	DUOL is not amongst the best or worst performers 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)	DOWN	MIXED	The current price of DUOL is above a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of DUOL is below the rising SMA(200).
Relative Strength Index/RSI (14)	58.23	NEUTRAL	The RSI value for DUOL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	4.85	POSITIVE	The MACD value suggests DUOL has a positive trend, although the MACD value is declining.
Stochastics (14,3)	80.5	OVERBOUGHT	The high Stochastics value suggests DUOL may be overbought.
Average True Range in percent/ATR (20)	5.48	HIGH VOLATILITY	The high ATR as a percentage value for DUOL suggests high volalility.
Average Directional Index/ADX (14)	18.86	NEGATIVE	The low ADX value for DUOL suggests a weak or negative trend.