Lululemon Shares Drop Below 200-Day Moving Average

On Wednesday, shares of Lululemon Athletica Inc (Symbol: LULU) fell below their 200-day moving average of $317.07, reaching a low of $315.67 per share. As of now, LULU shares are trading down approximately 0.9% for the day. The chart below illustrates the one-year performance of LULU shares in relation to their 200-day moving average:

The chart indicates that LULU’s 52-week low is $226.01 per share, while its 52-week high stands at $480.94. The most recent trade price is $316.42. This data concerning LULU’s moving average was sourced from TechnicalAnalysisChannel.com.

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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.