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Bullish Moving Average Cross by Lululemon Ath (LULU)

By David Diaz

Today, shares of Lululemon Ath (NASDAQ:LULU) have crossed bullishly above their 10-day moving average of $165.84 on a volume of 609K 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, Lululemon Ath share prices have been bracketed by a low of $128.85 and a high of $266.20 and are now at $170.55, 32% above that low price. The 200-day and 50-day moving averages have moved 0.23% lower and 3.61% lower over the past week, respectively.

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

Keywords: moving crosses lululemon ath

Ticker(s): LULU