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Lululemon Ath Crosses Above its 10-day MA (LULU)

By Amy Schwartz

Lululemon Ath (NASDAQ:LULU) crossed over its 10-day moving average of $59.54 on a volume of 5.0 million 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.

Lululemon Ath share prices have moved between a 52-week high of $81.81 and a 52-week low of $47.26 and are now trading 31% above that low price at $61.97 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has remained constant.

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