RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of LULU
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Green day on Thursday for lululemon
(Updated on Mar 28, 2024)

Sell candidate since Mar 22, 2024 Loss -3.11% PDF

The lululemon stock price gained 0.306% on the last trading day (Thursday, 28th Mar 2024), rising from $389.46 to $390.65. During the last trading day the stock fluctuated 1.09% from a day low at $390.07 to a day high of $394.32. The price has been going up and down for this period, and there has been a -16.88% loss for the last 2 weeks. Volume fell on the last day by -687 thousand shares and in total, 2 million shares were bought and sold for approximately $642.02 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower of a wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $384.07 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -11.77% during the next 3 months and, with a 90% probability hold a price between $338.87 and $417.92 at the end of this 3-month period.

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LULU Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 1.17%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The lululemon stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $415.18 and $450.90. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for lululemon stock

lululemon finds support from accumulated volume at $389.46 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $4.25 between high and low, or 1.09%. For the last week, the stock has had daily average volatility of 3.66%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (LULU) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect lululemon athletica inc. to open at $391.68, and during the day (based on 14 day Average True Range), to move between $376.46 and $404.84, which gives a possible trading interval of +/-$14.19 (+/-3.63%) up or down from last closing price. If lululemon athletica inc. takes out the full calculated possible swing range there will be an estimated 7.26% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $389.46 (0.30%) than the resistance at $403.19 (3.21%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is lululemon athletica inc. stock A Buy?

lululemon holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -4.374 Sell Candidate Unchanged

Predicted Opening Price for lululemon athletica inc. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$391.68 ( 0.263%) $390.65

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for LULU

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 395.92 1.35 %
R2 394.30 0.93 %
R1 393.30 0.678 %
Current price: 390.65
Support S1 390.06 -0.152 %
S2 389.05 -0.408 %
S3 387.43 -0.82 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 478.84 22.58 %
R2 453.82 16.17 %
R1 403.19 3.21 %
Current price 390.65
Support S1 389.46 -0.305%
S2 388.90 -0.448%
S3 386.14 -1.15%

FAQ

What is the symbol for lululemon Stock and on which exchange is it traded?
The symbol for lululemon is LULU and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell lululemon Stock?
lululemon holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy lululemon Stock?
lululemon Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy lululemon Stock.

What's the current price of lululemon Stock?
As of the end of day on the 2024-03-28, the price of an lululemon (LULU) share was $390.65.

What is the 52-week high and low for lululemon Stock?
The 52-week high for lululemon Stock is $516.37 and the 52-week low is $326.93.

What is the market capitalization of lululemon Stock?
As of the 2024-03-28, the market capitalization of lululemon is 46.681B.

When is the next earnings date for lululemon?
The upcoming earnings date for lululemon is Jun 06, 2024.
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About lululemon athletica inc.

lululemon lululemon athletica inc., together with its subsidiaries, designs, distributes, and retails athletic apparel and accessories for women and men. It operates in two segments, Company-Operated Stores and Direct to Consumer. The company offers pants, shorts, tops, and jackets for healthy lifestyle and athletic activities, such as yoga, running, and training, as well as other sweaty pursuits. It also provides fitness-related accessories and footwear. ... LULU Profile

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