Lululemon Athletica Inc. LULU will report its fourth-quarter earnings on Thursday. Wall Street expects $5.85 in EPS and $3.57 billion in revenues when the company reports after market hours.

The stock is down 13.27% over the past year, 9.27% year-to-date.

Let’s examine the charts for Lulu stock and how it currently compares to Wall Street estimates.

Read Also: Top Wall Street Forecasters Revamp Lululemon Athletica Price Expectations Ahead Of Q4 Earnings

LULU Stock Technical Setup Ahead Of Q4 Earnings

Chart created using Benzinga Pro

Lululemon is caught in a tug-of-war between bearish momentum and emerging bullish signals. The stock remains below its 5-, 20-, and 50-day exponential moving averages, reinforcing a strong bearish trend. However, slight buying pressure is beginning to surface, hinting at a potential shift in sentiment.

LULU stock, at $337.79 has climbed above its eight-day simple moving average of $329.61 and its 20-day simple moving average of $334.50—both bullish indicators. Additionally, trading above its 200-day simple moving average of $318.16 suggests that Lululemon still holds a long-term uptrend despite short-term weakness.

Yet, the bearish case remains strong. The 50-day simple moving average sits significantly higher at $367.34, keeping LULU in a technical downtrend.

The Moving Average Convergence Divergence (MACD) indicator at a negative 10.29 further signals ongoing bearish momentum, while the Relative Strength Index (RSI) at 46.4 reflects neutral territory, leaving room for further downside. Investors should watch for a break above the 50-day moving average to confirm a sustained rebound, while failure to hold above the 20-day moving average could invite more downside pressure.

LULU Analysts Consensus Ratings

Ratings & Consensus Estimates: The consensus analyst rating on LULU stock stands at a Buy currently with a price target of $396.19. Recent analyst ratings from Needham, Citigroup and Telsey Advisory Group imply an 18.90% upside for LULU stock, with an average price target of $401.67.

Price Action: Lululemon’s stock was trading at $336.51 at the time of publication.

Read Next:

• Lululemon Athletica Q4 Earnings Preview: Analyst Sees ‘Buying Opportunity’ With Positive Risk/Reward

Image: Shutterstock