LULULEMON ATHLETICA INC (LULU) Stock Technical Analysis
NASDAQ:LULU • US5500211090
Taking everything into account, LULU scores 0 out of 10 in our technical rating. 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 one of the lesser performing stocks in the Textiles, Apparel & Luxury Goods industry. 84% of 45 stocks in the same industry do better.
- 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.
- LULU has an average volume of 3854000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month LULU has a been trading in the 168.39 - 196.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
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 182.89. Right above this resistance zone may be a good entry point.
More info and screens
158.26
4 important support areas can be observed.
- A support zone ranging from 179.24 to 181.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @170.05 from a trend line in the daily time frame.
- Support @164.62 from a horizontal line in the daily time frame.
- A support zone ranging from 159.86 to 159.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 182.89 to 182.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 187.06 to 187.34. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A resistance zone ranging from 191.70 to 194.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @208.43 from a trend line in the daily 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 | 14.84 | NEGATIVE | LULU has a low relative strength, it was outperformed by 85.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of LULU is above 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) | 49.44 | NEUTRAL | The RSI value for LULU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.33 | POSITIVE | The MACD value suggests LULU has a positive trend. |
| Stochastics (14,3) | 74.7 | NEUTRAL | The Stochastics value for LULU is a neutral value. |
| Average True Range in percent/ATR (20) | 3.77 | MEDIUM VOLATILITY | The ATR as a percentage value for LULU suggests some volalility. |
| Average Directional Index/ADX (14) | 26.19 | POSITIVE | The high ADX value value for LULU suggests a strong trend. |
182.88
+0.75 (+0.41%)
LULULEMON ATHLETICA INC / LULU FAQ
What is the ChartMill technical rating of LULULEMON ATHLETICA INC (LULU) stock?
ChartMill assigns a technical rating of 0 / 10 to LULU.
What is the trend direction for LULU stock?
The current trend direction for LULULEMON ATHLETICA INC (LULU) is Bearish.
Can you provide the RSI signal for LULULEMON ATHLETICA INC?
LULULEMON ATHLETICA INC (LULU) has an RSI value of 49.4401. This indicates that the stock is currently neutral.
What is the short term momentum for LULU stock?
The short term momentum for LULULEMON ATHLETICA INC (LULU) is negative.
What is the buy/sell signal for LULULEMON ATHLETICA INC (LULU) stock?
The buy/sell signal for LULULEMON ATHLETICA INC (LULU) is sell as both the short term and long term trends are negative.