Lulu Stock Technical Analysis
NOTE: This Technical Analysis is Based on Closing Price on February 17th. For latest Lulu Technical Analysis Chart see here.
Lulu (NASDAQ:LULU) stock price is hovering around 20 day moving average. The 20 day moving average has been acting as a support for the stock in last six months. The moving average is likely to continue providing support. There has been considerable decline in the volume in last few trading sessions, indicating that the stock price will not go below the moving average. The Lulu stock is in an uptrend and is likely to continue in the uptrend. The stock is currently in a Bollinger band squeeze with volatility at very low levels and is likely to breakout in upward direction. The Lulu stock has formed an upside gap on 22nd January, but has not seen much of northward movement since then. The company's stock price has been in uptrend since later part of July 2014.
LULU Technical Analysis Chart by amigobulls.com
PetSmart Stock Technical Analysis
NOTE: This Technical Analysis is Based on Closing Price on February 17th. For latest PetSmart Technical Analysis Chart see here.
PetSmart (NASDAQ:PETM) stock price has hit the upper of the Bollinger band which indicates trend reversal. This signal is further confirmed by RSI. RSI 93.42 is way above the overbought threshold of 70, indicating that the PetSmart stock is in overbought zone. While the MACD is still positive, it has been declining. The stock has been in an uptrend since mid-October.
PetSmart Technical Analysis Chart by amigobulls.com