LULULEMON ATHLETICA INC.
LULULEMON ATHLETICA INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: LULU
ISIN:

LULULEMON ATHLETICA INC. - Daily - Technical analysis published on 11/04/2019 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
6%
39%
56%
My opinion
Bullish above 189.16 USD
My targets
203.14 USD (+3.99%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on LULULEMON ATHLETICA INC.. As long as you are above the support located at 189.16 USD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 203.14 USD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. If the support 189.16 USD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
FORCE
0
10
1.1

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

LULULEMON ATHLETICA INC. rating 195.35 USD. On the day, this instrument lost -2.66% and was traded between 195.01 USD and 204.00 USD over the period. The price is currently at +0.17% from its lowest and -4.24% from its highest.

195.01
204.00
195.35

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


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 this Daily chart of LULULEMON ATHLETICA INC. indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, only 7 technical indicators out of 18 studied are currently positioned bearish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 162.49 178.57 189.16 195.35 203.14
Change (%) -16.82% -8.59% -3.17% - +3.99%
Change -32.86 -16.78 -6.19 - +7.79
Level Major Intermediate Major - 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
Standard198.23200.69202.48204.94206.73209.19210.98
Camarilla203.10203.49203.88204.27204.66205.05205.44
Woodie197.90200.52202.15204.77206.40209.02210.65
Fibonacci200.69202.31203.32204.94206.56207.57209.19


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard199.59201.29204.65206.35209.71211.41214.77
Camarilla206.61207.07207.54208.00208.46208.93209.39
Woodie200.41201.71205.47206.77210.53211.83215.59
Fibonacci201.29203.23204.42206.35208.29209.48211.41


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard166.42175.89190.08199.55213.74223.21237.40
Camarilla197.76199.93202.10204.27206.44208.61210.78
Woodie168.78177.07192.44200.73216.10224.39239.76
Fibonacci175.89184.93190.51199.55208.59214.17223.21

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): 49.92
MACD (12,26,9): 2.9200
Directional Movement: 2.50
AROON (14): -71.43
DEMA (21): 206.43
Parabolic SAR (0,02-0,02-0,2): 208.90
Elder Ray (13): -1.26
Super Trend (3,10): 195.25
Zig ZAG (10): 200.69
VORTEX (21): 1.1300
Stochastique (14,3,5): 40.13
TEMA (21): 206.49
Williams %R (14): -85.09
Chande Momentum Oscillator (20): -2.39
Repulse (5,40,3): -2.7500
ROCnROLL: -1
TRIX (15,9): 0.2700
Courbe Coppock: 6.45
MA7: 205.31
MA20: 202.47
MA50: 195.27
MA100: 189.50
MAexp7: 204.18
MAexp20: 202.25
MAexp50: 196.49
MAexp100: 189.12
Price / MA7: -4.85%
Price / MA20: -3.52%
Price / MA50: +0.04%
Price / MA100: +3.09%
Price / MAexp7: -4.32%
Price / MAexp20: -3.41%
Price / MAexp50: -0.58%
Price / MAexp100: +3.29%

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

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