LULULEMON ATHLETICA INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Change:	-
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Type:	Stocks
Ticker:	LULU
ISIN:

LULULEMON ATHLETICA INC. - Daily - Technical analysis published on 11/29/2023 (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

78%

22%

My opinion

Bullish above 398.29 USD

My targets

454.53 USD (+4.72%)

477.91 USD (+10.11%)

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 454.53 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 477.91 USD as an objective. 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

8.6

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

The LULULEMON ATHLETICA INC. price is 434.03 USD. The price registered an increase of +1.47% on the session and was between 428.60 USD and 434.50 USD. This implies that the price is at +1.27% from its lowest and at -0.11% from its highest.

428.60

434.50

434.03

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by LULULEMON ATHLETICA INC.:

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

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of LULULEMON ATHLETICA INC. in Daily shows a strongly overall bullish trend. 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. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish harami

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	386.25	398.29	432.61	434.03	477.91
Change (%)	-11.01%	-8.23%	-0.33%	-	+10.11%
Change	-47.78	-35.74	-1.42	-	+43.88
Level	Major	Intermediate	Intermediate	-	Major

To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	414.76	420.92	424.33	430.49	433.90	440.06	443.47
Camarilla	425.10	425.98	426.85	427.73	428.61	429.49	430.36
Woodie	413.38	420.23	422.95	429.80	432.52	439.37	442.09
Fibonacci	420.92	424.58	426.84	430.49	434.15	436.41	440.06

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	412.36	417.57	424.66	429.87	436.96	442.17	449.26
Camarilla	428.38	429.51	430.63	431.76	432.89	434.02	435.14
Woodie	413.31	418.04	425.61	430.34	437.91	442.64	450.21
Fibonacci	417.57	422.27	425.17	429.87	434.57	437.47	442.17

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 technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	62.81
MACD (12,26,9):	9.6500
Directional Movement:	11.14
AROON (14):	78.57
DEMA (21):	433.25
Parabolic SAR (0,02-0,02-0,2):	410.10
Elder Ray (13):	5.93
Super Trend (3,10):	409.01
Zig ZAG (10):	433.00
VORTEX (21):	1.1500
Stochastique (14,3,5):	83.24
TEMA (21):	436.54
Williams %R (14):	-12.71
Chande Momentum Oscillator (20):	19.93
Repulse (5,40,3):	0.5500
ROCnROLL:	1
TRIX (15,9):	0.3500
Courbe Coppock:	11.38

MA7:	430.90
MA20:	419.78
MA50:	399.56
MA100:	391.20
MAexp7:	430.01
MAexp20:	420.46
MAexp50:	406.05
MAexp100:	393.21
Price / MA7:	+0.73%
Price / MA20:	+3.39%
Price / MA50:	+8.63%
Price / MA100:	+10.95%
Price / MAexp7:	+0.93%
Price / MAexp20:	+3.23%
Price / MAexp50:	+6.89%
Price / MAexp100:	+10.38%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on LULULEMON ATHLETICA INC. at the time of the analysis were as follows:

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

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