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

By Nick Russo

Lululemon Ath (NASDAQ:LULU) crossed over its 10-day moving average of $176.52 on a volume of 169K shares. This may provide short-term investors a chance 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 $95.39 and a high of $179.49 and are now at $176.85, 85% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.3%.

SmarTrend recommended that subscribers consider buying shares of Lululemon Ath on March 28th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $168.78. Since that recommendation, shares of Lululemon Ath have risen 4.6%. We continue to monitor LULU for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses lululemon ath

Ticker(s): LULU