Duolingo, Inc. (DUOL) Just Overtook the 200-Day Moving Average

DUOL has rallied 9.3% over the past four weeks, and the company is a Zacks Rank #1 (Strong Buy) at the moment. This combination suggests DUOL could be on the verge of another move higher. The 200-day simple moving average is a useful tool for traders and analysts, establishing market trends for stocks, commodities, indexes, and other financial instruments over the long term. The marker moves higher or lower along with longer-term price moves, and serves as a support or resistance level. Investors may want t ...