33L Technical Analysis - LULULEMON ATHLETICA INC

Technical Rating and Analysis

Taking everything into account, 33L scores 1 out of 10 in our technical rating. 33L's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.

98% of all other stocks performed better in the past year than 33L.

33L is one of the lesser performing stocks in the Textiles, Apparel & Luxury Goods industry. 80% of 46 stocks in the same industry do better.

33L is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

Warning: 33L has an average volume of 951 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

In the last month 33L has a been trading in the 135.54 - 154.12 range, which is quite wide. It is currently trading near the high of this range.

Considerably lower volume is observed in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

LULULEMON ATHLETICA INC / 33L Weekly stock chart

LULULEMON ATHLETICA INC / 33L Daily stock chart

Setup Rating and Analysis

The technical rating of 33L is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

144.05

178.85

We can see 3 important resistance areas.

A resistance zone ranging from 147.12 to 149.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @152.77 from a horizontal line in the daily time frame.
Resistance @177.08 from a trend line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	DOWN	NEGATIVE	The long term trend for 33L.DE is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for 33L.DE is down.
ChartMill Relative Strength	2.55	NEGATIVE	33L.DE has a low relative strength, it was outperformed by 97.45% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	MIXED	The current price of 33L.DE is below the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of 33L.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of 33L.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)	39.52	NEUTRAL	The RSI value for 33L.DE is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.91	POSITIVE	The MACD value suggests 33L.DE has a positive trend, although the MACD value is declining.
Stochastics (14,3)	40.19	NEUTRAL	The Stochastics value for 33L.DE is a neutral value.
Average True Range in percent/ATR (20)	2.36	MEDIUM VOLATILITY	The ATR as a percentage value for 33L.DE suggests some volalility.
Average Directional Index/ADX (14)	18.52	NEGATIVE	The low ADX value for 33L.DE suggests a weak or negative trend.