LULU Technical Analysis - LULULEMON ATHLETICA INC

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to LULU. 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.

94% 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 87% are performing better than LULU.

LULU 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.

In the last month LULU has a been trading in the 161.80 - 181.57 range, which is quite wide. It is currently trading near the lows of this range.

LULU has an average volume of 5496760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

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 / LULU Weekly stock chart

LULULEMON ATHLETICA INC / LULU Daily stock chart

Setup Rating and Analysis

Although the technical rating is bad, LULU does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 176.11. Right above this resistance zone may be a good entry point.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

165.74

243.63

We can see 3 important resistance areas.

A resistance zone ranging from 176.11 to 176.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 179.23 to 181.42. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Resistance @241.22 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 LULU is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for LULU is down.
ChartMill Relative Strength	6.25	NEGATIVE	LULU has a low relative strength, it was outperformed by 93.75% 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)	40.48	NEUTRAL	The RSI value for LULU is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.08	NEGATIVE	The MACD value suggests LULU has a negative trend, although the MACD value is rising.
Stochastics (14,3)	19.73	OVERSOLD	The low Stochastics value suggests LULU may be oversold.
Average True Range in percent/ATR (20)	3.42	MEDIUM VOLATILITY	The ATR as a percentage value for LULU suggests some volalility.
Average Directional Index/ADX (14)	17.39	NEGATIVE	The low ADX value for LULU suggests a weak or negative trend.