NASDAQ:LULU - US5500211090 - Common Stock
We assign a technical rating of 1 out of 10 to LULU. LULU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, LULU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 207.60. Right above this resistance zone may be a good entry point.
200.18
We can see 4 important resistance areas.
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 | 7.19 | NEGATIVE | LULU has a low relative strength, it was outperformed by 92.81% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LULU is above the rising 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) | 45.86 | NEUTRAL | The RSI value for LULU is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.43 | POSITIVE | The MACD value suggests LULU has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 82.32 | OVERBOUGHT | The high Stochastics value suggests LULU may be overbought. |
Average True Range in percent/ATR (20) | 2.94 | MEDIUM VOLATILITY | The ATR as a percentage value for LULU suggests some volalility. |
Average Directional Index/ADX (14) | 24.66 | NEUTRAL | The ADX value for LULU suggests a possible start of a new trend. |
202.2
-2.88 (-1.4%)