Lululemon Athletica (LULU) Technical Analysis

Lululemon Athletica Inc, commonly known as Lululemon, is a Canadian athletic apparel retailer specializing in yoga wear and other active wear. The company was founded in 1998 in Vancouver, British Columbia, by Chip Wilson. Since then, Lululemon has grown to become a global leader in the fitness apparel industry, with over 460 stores worldwide as of 2020. Lululemon's mission is to provide high-quality, functional, and stylish athleisure wear that promotes a healthy and active lifestyle. The company's products are designed with the latest technology and innovation to enhance performance and comfort.

When it comes to technical analysis of Lululemon Athletica Inc stock (LULU), there are several key indicators that investors can use to evaluate its performance. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. An RSI value above 70 indicates overbought conditions, while a value below 30 indicates oversold conditions. By analyzing the RSI of Lululemon stock, investors can identify potential buying or selling opportunities.