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

By David Diaz

Lululemon Athletica (NASDAQ:LULU) crossed over its 10-day moving average of $70.99 on a volume of 495K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Lululemon Athletica has traded in a range of $43.14 to $73.22 and is now at $71.10, 65% above that low. The 200-day and 50-day moving averages have moved 0.08% higher and 0.57% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Lululemon Athletica. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Lululemon Athletica in search of a potential trend change.

Keywords: moving crosses lululemon athletica

Ticker(s): LULU