LULULEMON ATHLETICA INC (LULU) Stock Technical Analysis
NASDAQ:LULU - Nasdaq - US5500211090 - Common Stock - Currency: USD
Overall LULU gets a technical rating of 0 out of 10. LULU'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
86% of all other stocks performed better in the past year than LULU.
LULU is part of the Textiles, Apparel & Luxury Goods industry. There are 48 other stocks in this industry, of which 65% are performing better than LULU.
LULU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month LULU has a been trading in the 251.52 - 340.25 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
LULU has an average volume of 2797620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of LULU is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
244.71
385.66
When analyzing the support we notice one important area.
- Support @247.18 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 252.29 to 254.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @330.19 from a trend line in the daily time frame.
- Resistance @341.53 from a horizontal line in the daily time frame.
- Resistance @381.84 from a trend line in the weekly time frame.
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 LULU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LULU is down. |
| ChartMill Relative Strength | 14.47 | NEGATIVE | LULU has a low relative strength, it was outperformed by 85.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LULU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LULU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LULU is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.28 | NEUTRAL | The RSI value for LULU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -9.36 | NEGATIVE | The MACD value suggests LULU has a negative trend. |
| Stochastics (14,3) | 0.74 | OVERSOLD | The low Stochastics value suggests LULU may be oversold. |
| Average True Range in percent/ATR (20) | 4.6 | MEDIUM VOLATILITY | The ATR as a percentage value for LULU suggests some volalility. |
| Average Directional Index/ADX (14) | 31.55 | POSITIVE | The high ADX value value for LULU suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
252.28
-6.22 (-2.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-2.41%
1 Week-24.74%
2 Weeks-20.1%
1 Month-18.78%
3 Month-18.89%
6 Month-35.58%
12 Month-17.56%
2 Year-33.35%
3 Year-7.46%
5 Year-19.14%
10 Year286.34%
15 Year1255.62%
Volatility
ATR(14)12.81
ATR(20)%4.6%
ATR Inc-44.24%
Range Today9.78
ADR(20)8.36
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.47
Mansfield-2.23
10 Day High340.25
10 Day Low251.52
20 Day High340.25
20 Day Low251.52
52 Week High423.32
52 Week Low226.01
CS1 End247.18
CR1 Start252.29
Volume & EV
DER(3)-4.22%
DER(5)-3.58%
Volume4.46M
Volume Incr272.65%
Vol(5)7.07M
Vol(50)2.80M