lululemon athletica (LULU) Shares are Down -2.13%

lululemon athletica (LULU) has risen sharply, recording gains of 9.37% in the past 4 weeks. However, the stock has corrected -2.13% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 2.45% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

lululemon athletica (NASDAQ:LULU): The stock opened at $76.50 on Friday but the bulls could not build on the opening and the stock topped out at $76.67 for the day. The stock traded down to $75.72 during the day, due to lack of any buying support eventually closed down at $76.14 with a loss of -0.54% for the day. The stock had closed at $76.55 on the previous day. The total traded volume was 1,645,402 shares.


The stock has recorded a 20-day Moving Average of 1.98% and the 50-Day Moving Average is 9.19%. Lululemon Athletica Inc. is up 14.95% in the last 3-month period. Year-to-Date the stock performance stands at 45.11%.

lululemon athletica inc. is a designer and retailer of technical athletic apparel. The Company offers a line of apparel and accessories for women, men and female youth. Its apparel assortment includes items, such as pants, shorts, tops and jackets designed for healthy lifestyle activities and athletic pursuits, such as yoga, running, general fitness and dance-inspired apparel for female youth. The Company conducts its business through two channels: corporate-owned stores and direct to consumer. The Company markets its athletic apparel under the lululemon athletica and ivivva athletica brand names. As of February 1, 2015, the Companys retail footprint included 211 stores in the United States, 57 stores in Canada, 26 stores in Australia, five in New Zealand, two in the United Kingdom and one in Singapore. The Companys retail stores are located primarily on street locations, in lifestyle centers and in malls.

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