By Mill Chart
Last update: Oct 2, 2023
In this article, we'll take a closer look at LULULEMON ATHLETICA INC (NASDAQ:LULU) as a potential candidate for growth investing. While it's important for investors to conduct their own research, LULULEMON ATHLETICA INC has piqued our interest by appearing on our strong growth and breakout radar. Let's explore further.
ChartMill assigns a Growth Rating to every stock. This score ranges from 0 to 10 and evaluates the different growth aspects like EPS and Revenue, both in the past as in the future. NASDAQ:LULU scores a 8 out of 10:
ChartMill employs its own Health Rating for stock assessment. This rating, ranging from 0 to 10, is calculated by examining various liquidity and solvency ratios. In the case of NASDAQ:LULU, the assigned 9 reflects its health status:
ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NASDAQ:LULU scores a 9 out of 10:
Next to the Technical Rating, the Setup Rating of a stock determines to which extend the stock is consolidating. This score also ranges from 0 to 10 and is updated daily. The setup score evaluates various short term technical indicators. For NASDAQ:LULU this score is currently 8:
Besides having an excellent technical rating, LULU also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 401.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 383.98, a Stop Loss order could be placed below this zone.
Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.
Our latest full fundamental report of LULU contains the most current fundamental analsysis.
Check the latest full technical report of LULU for a complete technical analysis.
This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.
LULULEMON ATHLETICA INC
NASDAQ:LULU (4/26/2024, 7:02:10 PM)
After market: 364.69 -0.01 (0%)364.7
+4.7 (+1.31%)
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