DUOLINGO (DUOL)

US26603R1068 - Common Stock

223.03  -2.72 (-1.2%)

After market: 223.03 0 (0%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to DUOL. 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.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that DUOL is one of the better performing stocks in the market, outperforming 95% of all stocks. We also observe that the gains produced by DUOL over the past year are nicely spread over this period.
DUOL is one of the better performing stocks in the Diversified Consumer Services industry, it outperforms 93% of 65 stocks in the same industry.
DUOL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DUOL is performing more or less in line with the market.
In the last month DUOL has a been trading in the 194.00 - 234.21 range, which is quite wide. It is currently trading near the high of this range.
Weekly and Daily overview Charts
DUOL Weekly chart
DUOL Daily chart
Setup Rating and Analysis

7

DUOL has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 238.25. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 216.29, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

175.45

243.63

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 212.56 to 216.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 199.89 to 200.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 193.69 to 196.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @177.22 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 238.25 to 241.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95
Mansfield1.49
10 Day High234.21
10 Day Low196.75
20 Day High234.21
20 Day Low194
52 Week High245.87
52 Week Low121.89
Performance
1 Week3.07%
2 Weeks14.57%
1 Month1.36%
3 Month24.67%
6 Month39.98%
12 Month80.5%
2 Year166.75%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)2.08
RSI(14)55.43
LBB188.91
UBB234.29
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
241.23212.5528.68 (11.89%)8.41%
An entry @241.23. This is a Buy Stop order right above the resistance zone.An exit @212.55. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 28.68 points, which is 11.89%.When investing 8.41% 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.
DUOL Daily chart

DUOLINGO

NASDAQ:DUOL (5/1/2024, 7:00:01 PM)

After market: 223.03 0 (0%)

223.03

-2.72 (-1.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-1.2%
1 Week3.07%
2 Weeks14.57%
1 Month1.36%
3 Month24.67%
6 Month39.98%
12 Month80.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)12.19
ATR(20)%4.82%
ATR Inc
Range Today13.16
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High234.21
10 Day Low196.75
20 Day High234.21
20 Day Low194
52 Week High245.87
52 Week Low121.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume954.90K
Volume Incr-27.3%
Vol(5)644.36K
Vol(50)834.14K