lululemon athletica inc. (LULU) finished the session at 116.21 (-2.16%). Broader technical structure remains under pressure. Momentum: -2.46%, with 52W position: 1% of range, while Volatility: ATR14 4.98%. RSI(14) is 36.3, leaving momentum in a fairly neutral range. RSI has been drifting lower recently, suggesting that upside momentum may be cooling slightly. MACD remains above its signal line, which keeps the momentum structure biased to the upside.
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Setup:
Pattern
Triangle breakout is active after price reclaimed the trigger zone.
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Holding above 121.15 keeps the breakout structure healthier.
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Risk:
A loss of 106.72 would weaken the setup.
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Projection target sits near 179.99.
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Nearby upside pressure sits around 134.98.
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Key levels:
A decisive move through that level would improve the short-term picture.