Lululemon Athletica (LULU) stock continued to decline in its recent intraday trading, with its latest close confirming a break below the key support level at $226.00, amid continued negative pressure from trading below the 50-day simple moving average, and under the control of a dominant short-term downtrend with price action aligned along a descending trendline. Additionally, bearish signals are emerging from the Stochastic, further intensifying the negative pressure surrounding the stock.

Therefore, we expect the stock to decline in upcoming sessions, especially as long as it remains below $226.00, targeting the support level at $173.00.

Todays price forecast: Bearish.