(See the video above for Frank’s complete chart breakdown.) From its 2017 low to its 2023 high, Lululemon (LULU) surged nearly 1,000% before turning on a dime. As of its October low earlier this month, the stock had fallen 82% from its peak. Along the way, investors had plenty of chances to buy the dip, only to see the stock fall further. Even when LULU entered bear market territory or became oversold, the selling continued. Let’s look at what hasn’t worked and what it would take for LULU to establish a more lasting bottom. 1. Buying when a stock enters bear market territory LULU first declined 20% from its high in early 2024, officially entering bear market territory. That did nothing to stop the downtrend, which eventually extended…
Lululemon stock: Is a bottom forming?
October 30, 2026
