The Relative Strength (RS) Rating for lululemon athletica stock entered a new percentile Wednesday, with a rise from 76 to 82.
This unique rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks matches up against the rest of the market.
Decades of market research reveals that the best-performing stocks often have an 80 or better RS Rating as they launch their biggest climbs.
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Is Lululemon Athletica Stock A Buy?
Lululemon Athletica stock dipped below its 50-day moving average on Monday. While now is not an ideal time to invest, see if the retail stock goes on to offer and clear an appropriate buy point.
Earnings growth slowed in the most recent quarter from 18% to 13%. But sales moved higher, from 7% to 9%.
Lululemon athletica stock holds the No. 2 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. Urban Outfitters is the No. 1-ranked stock within the group.