Londinia Opportunities Analyses - 05/02/2024 (GMT) DUOLINGO INC. - 1H

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Type:	Stocks
Ticker:	DUOL
ISIN:

Londinia

I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

83%

11%

My opinion

Bullish above 225.98 USD

My targets

234.21 USD (+2.07%)

239.74 USD (+4.48%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DUOLINGO INC. as long as the price remains well above 225.98 USD. The buyers' bullish objective is set at 234.21 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 239.74 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.6

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

Additional analysis

Quotes

DUOLINGO INC. rating 229.46 USD. The price has increased by +2.88% since the last closing with the lowest point at 218.68 USD and the highest point at 230.17 USD. The deviation from the price is +4.93% for the low point and -0.31% for the high point.

218.68

230.17

229.46

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of DUOLINGO INC. in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	218.63	221.97	225.98	229.46	229.84	234.21	239.74
Change (%)	-4.72%	-3.26%	-1.52%	-	+0.17%	+2.07%	+4.48%
Change	-10.83	-7.49	-3.48	-	+0.38	+4.75	+10.28
Level	Intermediate	Major	Intermediate	-	Minor	Minor	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	204.06	211.41	217.22	224.57	230.38	237.73	243.54
Camarilla	219.41	220.62	221.82	223.03	224.24	225.44	226.65
Woodie	203.29	211.03	216.45	224.19	229.61	237.35	242.77
Fibonacci	211.41	216.44	219.54	224.57	229.60	232.70	237.73

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	172.10	185.09	203.87	216.86	235.64	248.63	267.41
Camarilla	213.92	216.84	219.75	222.66	225.57	228.49	231.40
Woodie	175.01	186.54	206.78	218.31	238.55	250.08	270.32
Fibonacci	185.09	197.22	204.72	216.86	228.99	236.49	248.63

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	161.55	177.78	201.76	217.99	241.97	258.20	282.18
Camarilla	214.69	218.38	222.06	225.75	229.44	233.12	236.81
Woodie	165.44	179.72	205.65	219.93	245.86	260.14	286.07
Fibonacci	177.78	193.14	202.63	217.99	233.35	242.84	258.20

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	57.83
MACD (12,26,9):	1.2900
Directional Movement:	11.87
AROON (14):	-7.15
DEMA (21):	227.23
Parabolic SAR (0,02-0,02-0,2):	230.89
Elder Ray (13):	3.44
Super Trend (3,10):	230.63
Zig ZAG (10):	229.80
VORTEX (21):	1.0500
Stochastique (14,3,5):	75.92
TEMA (21):	226.54
Williams %R (14):	-16.08
Chande Momentum Oscillator (20):	8.59
Repulse (5,40,3):	1.7800
ROCnROLL:	1
TRIX (15,9):	0.0600
Courbe Coppock:	1.36

MA7:	223.04
MA20:	214.12
MA50:	215.74
MA100:	210.57
MAexp7:	226.96
MAexp20:	225.46
MAexp50:	222.06
MAexp100:	218.76
Price / MA7:	+2.88%
Price / MA20:	+7.16%
Price / MA50:	+6.36%
Price / MA100:	+8.97%
Price / MAexp7:	+1.10%
Price / MAexp20:	+1.77%
Price / MAexp50:	+3.33%
Price / MAexp100:	+4.89%

Quotes : - 15 min delayed data - Actions NASDAQ

News

Don't forget to follow the news on DUOLINGO INC.. At the time of publication of this analysis, the latest news was as follows: