LULULEMON ATHLETICA INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

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Type:	Stocks
Ticker:	LULU
ISIN:

LULULEMON ATHLETICA INC. - Daily - Technical analysis published on 11/23/2023 (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

61%

11%

28%

My opinion

Bullish above 398.29 USD

My targets

454.53 USD (+6.04%)

477.91 USD (+11.50%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on LULULEMON ATHLETICA INC. as long as the price remains well above 398.29 USD. The buyers' bullish objective is set at 454.53 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 477.91 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

7.7

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 428.63 USD. On the day, this instrument lost -0.40% and was between 428.27 USD and 435.07 USD. This implies that the price is at +0.08% from its lowest and at -1.48% from its highest.

428.27

435.07

428.63

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

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

A technical analysis in Daily of this LULULEMON ATHLETICA INC. chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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

Near horizontal resistance

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	360.29	386.25	398.29	428.63	432.61	477.91
Change (%)	-15.94%	-9.89%	-7.08%	-	+0.93%	+11.50%
Change	-68.34	-42.38	-30.34	-	+3.98	+49.28
Level	Intermediate	Major	Intermediate	-	Major	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	419.44	423.86	426.24	430.66	433.04	437.46	439.84
Camarilla	426.76	427.38	428.01	428.63	429.25	429.88	430.50
Woodie	418.43	423.35	425.23	430.15	432.03	436.95	438.83
Fibonacci	423.86	426.45	428.06	430.66	433.25	434.86	437.46

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	381.89	395.85	409.14	423.10	436.39	450.35	463.64
Camarilla	414.95	417.44	419.94	422.44	424.94	427.44	429.93
Woodie	381.57	395.68	408.82	422.93	436.07	450.18	463.32
Fibonacci	395.85	406.26	412.69	423.10	433.51	439.94	450.35

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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	63.93
MACD (12,26,9):	9.8700
Directional Movement:	13.79
AROON (14):	64.29
DEMA (21):	427.35
Parabolic SAR (0,02-0,02-0,2):	400.86
Elder Ray (13):	11.46
Super Trend (3,10):	406.82
Zig ZAG (10):	428.63
VORTEX (21):	1.1000
Stochastique (14,3,5):	80.12
TEMA (21):	431.80
Williams %R (14):	-25.88
Chande Momentum Oscillator (20):	20.68
Repulse (5,40,3):	-0.4300
ROCnROLL:	1
TRIX (15,9):	0.3200
Courbe Coppock:	13.69

MA7:	427.55
MA20:	411.44
MA50:	395.93
MA100:	388.68
MAexp7:	425.46
MAexp20:	414.88
MAexp50:	401.57
MAexp100:	390.11
Price / MA7:	+0.25%
Price / MA20:	+4.18%
Price / MA50:	+8.26%
Price / MA100:	+10.28%
Price / MAexp7:	+0.75%
Price / MAexp20:	+3.31%
Price / MAexp50:	+6.74%
Price / MAexp100:	+9.87%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on LULULEMON ATHLETICA INC.. At the time of publication of this analysis, the latest news was as follows:

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

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