| LULU latest price $340.4400 (4.01%) ($331.0750 - $342.2500) on Wed. Nov. 4, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.4% (three month average) |
RSI | 40 |
Latest Price | $340.4400(4.01%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | LULU advances 0.7% a day on average for past five trading days. |
Weekly Trend | LULU declines -1.8% a week on average for past two weeks. |
Market Behavior | Growth stock rally for large cap. Rotation from value to growth for small cap. |
Correlated ETFs | Broad market will support LULU advance at 0% a week (0% probability) IWF(64%) IVW(63%) QQQ(63%) IBUY(60%) SPY(60%) |
Factors Impacting LULU price | LULU will decline at least -1.2% in a week (0% probabilities). VIXM(-30%) UUP(-24%) VXX(-16%) TBT(-13%) EDOC(-8%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.2% (StdDev 2.4%) |
Hourly BBV | 1.4 () |
Intraday Trend | 0% |
| |
|
|