LULULEMON ATHLETICA INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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High / Low range:	-

Type:	Stocks
Ticker:	LULU
ISIN:

LULULEMON ATHLETICA INC. - Daily - Technical analysis published on 11/15/2023 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

89%

11%

My opinion

Bullish above 398.29 USD

My targets

477.91 USD (+9.96%)

My analysis

The bullish trend is currently very strong on LULULEMON ATHLETICA INC.. As long as the price remains above the support at 398.29 USD, you could try to benefit from the boom. The first bullish objective is located at 477.91 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

8.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

LULULEMON ATHLETICA INC. rating 434.63 USD. The price registered an increase of +1.00% on the session and was traded between 432.14 USD and 434.63 USD over the period. The price is currently at +0.58% from its lowest and 0% from its highest.

432.14

434.63

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of LULULEMON ATHLETICA INC. indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	386.76	398.29	432.61	434.63	477.91
Change (%)	-11.01%	-8.36%	-0.46%	-	+9.96%
Change	-47.87	-36.34	-2.02	-	+43.28
Level	Major	Intermediate	Intermediate	-	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	414.90	418.30	424.31	427.71	433.72	437.12	443.13
Camarilla	427.74	428.61	429.47	430.33	431.19	432.06	432.92
Woodie	416.22	418.95	425.63	428.36	435.04	437.77	444.45
Fibonacci	418.30	421.89	424.11	427.71	431.30	433.52	437.12

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	396.43	400.47	407.07	411.11	417.71	421.75	428.35
Camarilla	410.74	411.72	412.70	413.67	414.65	415.62	416.60
Woodie	397.71	401.11	408.35	411.75	418.99	422.39	429.63
Fibonacci	400.47	404.53	407.05	411.11	415.17	417.69	421.75

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	293.61	324.13	358.81	389.33	424.01	454.53	489.21
Camarilla	375.55	381.53	387.50	393.48	399.46	405.43	411.41
Woodie	295.68	325.17	360.88	390.37	426.08	455.57	491.28
Fibonacci	324.13	349.04	364.43	389.33	414.24	429.63	454.53

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	70.41
MACD (12,26,9):	8.3300
Directional Movement:	18.10
AROON (14):	85.71
DEMA (21):	414.68
Parabolic SAR (0,02-0,02-0,2):	385.93
Elder Ray (13):	17.10
Super Trend (3,10):	398.16
Zig ZAG (10):	430.33
VORTEX (21):	1.0500
Stochastique (14,3,5):	96.26
TEMA (21):	419.47
Williams %R (14):	-1.65
Chande Momentum Oscillator (20):	43.51
Repulse (5,40,3):	4.3300
ROCnROLL:	1
TRIX (15,9):	0.2300
Courbe Coppock:	8.58

MA7:	414.12
MA20:	403.32
MA50:	392.06
MA100:	385.58
MAexp7:	415.19
MAexp20:	404.69
MAexp50:	394.63
MAexp100:	385.55
Price / MA7:	+4.95%
Price / MA20:	+7.76%
Price / MA50:	+10.86%
Price / MA100:	+12.72%
Price / MAexp7:	+4.68%
Price / MAexp20:	+7.40%
Price / MAexp50:	+10.14%
Price / MAexp100:	+12.73%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on LULULEMON ATHLETICA INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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