Is Duolingo, Inc. technically bullish or bearish?

As of 24 October 2025, the technical trend for Duolingo, Inc. has changed from mildly bearish to bearish. The current stance is bearish with weak strength indicated by the weekly MACD and KST both showing bearish signals, while the daily moving averages also confirm a bearish outlook. The Bollinger Bands present a mixed view with a weekly bearish signal and a mildly bullish monthly signal. The Dow Theory indicates a mildly bullish weekly trend but a mildly bearish monthly trend.
In terms of performance, Duolingo has underperformed the S&P 500 over the year-to-date period, with a return of -3.77% compared to the S&P 500's 15.47%, although it has outperformed over the 3-year period with a return of 305.88% versus 78.85% for the index.