Lululemon Athletica Inc. (LULU) is a leading athletic apparel company that designs, manufactures, and sells high-quality yoga and athletic wear for men and women. With a focus on performance, innovation, and style, Lululemon has gained a strong following among fitness enthusiasts and fashion-conscious consumers.
However, recent technical analysis suggests that Lululemon's stock is currently trending lower. The stock price has been experiencing a series of lower highs and lower lows, indicating a downward trend. Additionally, key technical indicators such as moving averages and relative strength index (RSI) are showing signs of weakness, further supporting the bearish outlook.
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