Duolingo, Inc. (DUOL) Is Up 5.81% in One Week: What You Should Know

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Duolingo, Inc. (DUOL) - Duolingo currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [3][12] - The company has a Zacks Rank of 2 (Buy), which historically outperforms the market when combined with a Style Score of A or B [4] Performance Metrics - Over the past week, DUOL shares increased by 5.81%, while the Zacks Technology Services industry declined by 0.21% [7] - In the last month, DUOL's price rose by 6.47%, significantly outperforming the industry's 0.1% [7] - Over the past quarter, DUOL shares have risen by 37.61%, and over the last year, they are up 47.74%, compared to the S&P 500's increases of 9.93% and 33.15%, respectively [8] Trading Volume - DUOL's average 20-day trading volume is 553,032 shares, which serves as a bullish indicator when combined with rising stock prices [9] Earnings Outlook - In the last two months, 6 earnings estimates for DUOL have been revised upwards, increasing the consensus estimate from $1.87 to$2.02 [11] - For the next fiscal year, 5 estimates have moved up while 1 has been revised down [11]