Lululemon Athletica Inc. (LULU)
lululemon athletica inc. The company is headquartered in Vancouver, Canada.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 90.00% per annum.
- LULU price at the close of April 24, 2025 was $270.64 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 14.93% per annum.
- LULU price at the close of April 24, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of LULU price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: January 27, 2025
End date: April 23, 2025
a = 17.0169
b = -0.0063
s = 0.0478
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0063) – 1
= -90.00%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0478) – 1
= 21.09%
January 27, 2025 calculations
Top border of price channel:
Exp(Y1,194)
= Exp(a + b × X1,194 + 2 × s)
= Exp(a + b × 1,736 + 2 × s)
= Exp(17.0169 + -0.0063 × 1,736 + 2 × 0.0478)
= Exp(6.1624)
= $474.54
Bottom border of price channel:
Exp(Y1,194)
= Exp(a + b × X1,194 – 2 × s)
= Exp(a + b × 1,736 – 2 × s)
= Exp(17.0169 + -0.0063 × 1,736 – 2 × 0.0478)
= Exp(5.9710)
= $391.90
April 23, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(17.0169 + -0.0063 × 1,822 + 2 × 0.0478)
= Exp(5.6199)
= $275.86
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(17.0169 + -0.0063 × 1,822 – 2 × 0.0478)
= Exp(5.4285)
= $227.82
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 90.00% per annum.
- LULU price at the close of April 24, 2025 was $270.64 and was inside the primary price channel.
Secondary Trend
Start date: April 3, 2025
End date: April 24, 2025
a = 4.8671
b = 0.0004
s = 0.0302
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0004) – 1
= 14.93%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0302) – 1
= 12.85%
April 3, 2025 calculations
Top border of price channel:
Exp(Y1,241)
= Exp(a + b × X1,241 + 2 × s)
= Exp(a + b × 1,802 + 2 × s)
= Exp(4.8671 + 0.0004 × 1,802 + 2 × 0.0302)
= Exp(5.6145)
= $274.37
Bottom border of price channel:
Exp(Y1,241)
= Exp(a + b × X1,241 – 2 × s)
= Exp(a + b × 1,802 – 2 × s)
= Exp(4.8671 + 0.0004 × 1,802 – 2 × 0.0302)
= Exp(5.4936)
= $243.13
April 24, 2025 calculations
Top border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(4.8671 + 0.0004 × 1,823 + 2 × 0.0302)
= Exp(5.6225)
= $276.57
Bottom border of price channel:
Exp(Y1,255)
= Exp(a + b × X1,255 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(4.8671 + 0.0004 × 1,823 – 2 × 0.0302)
= Exp(5.5016)
= $245.09
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 14.93% per annum.
- LULU price at the close of April 24, 2025 was inside the secondary price channel.