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Lululemon Athletica Rising Today on Above-Average Volume (LULU)

By David Diaz

Shares of Lululemon Athletica are trading up 1.6% to $69.26 today on above average volume. Today's volume of 3.3 million shares tops the average 30-day volume of 2.3 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

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.

Lululemon Athletica share prices have moved between a 52-week high of $70.00 and a 52-week low of $43.14 and are now trading 60% above that low price at $69.14 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.

Keywords: unusual volume lululemon athletica

Ticker(s): LULU