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Lululemon Ath Bullish Moving Average Crossover Alert (LULU)

By James Quinn

Today, shares of Lululemon Ath (NASDAQ:LULU) have crossed bullishly above their 10-day moving average of $191.58 on a volume of 105K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Lululemon Ath have traded between a low of $110.71 and a high of $204.44 and are now at $193.87, which is 75% above that low price. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has risen 0.7%.

SmarTrend is tracking the current trend status for Lululemon Ath and will alert subscribers who have LULU in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses lululemon ath

Ticker(s): LULU