Lululemon Athleticas stock price (LULU) rose in the intraday levels, with positive signals from the RSI as it tries to recoup some recent losses, amid the dominance of the downward short-term trend, with negative pressure from the 50-day SMa.

Therefore we expect the stock to return lower, targeting the pivotal support of $286.58, provided it settles below the resistance of $326.93.

Forecast today: Likely Bearish