February 3, 2023



Lululemon Athletica Stock Shows Rising Relative Strength; Still Shy Of Key Benchmark

2 min read

On Tuesday, Lululemon Athletica (LULU) stock got a positive adjustment to its Relative Strength (RS) Rating, from 61 to 79.


When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.

This proprietary rating measures market leadership by showing how a stock’s price movement over the last 52 weeks compares to that of the other stocks in our database.

Over 100 years of market history reveals that the top-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Lululemon Athletica stock can continue to rebound and hit that benchmark.

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Is Lululemon Athletica Stock A Buy?

The athleisure apparel stock, which is on the IBD Big Cap 20 screen, is not currently showing a potential entry point. See if the stock goes on to build a chart pattern that could ignite a new run.

The apparel maker posted 23% earnings growth last quarter. Revenue gains came in at 28%.

Lululemon Athletica stock earns the No. 1 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group.


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