Technical Analysis for LITE - Lumentum Holdings Inc.

Grade Last Price % Change Price Change
B 99.84 -0.54% -0.54
LITE closed up 3.01 percent on Wednesday, January 22, 2025, on 1.23 times normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: Feb 6
*** please verify all earnings dates ***
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Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish -0.54%
New 52 Week Closing High Bullish -0.54%
Pocket Pivot Bullish Swing Setup -0.54%
New 52 Week High Strength -0.54%
Upper Bollinger Band Walk Strength -0.54%
Multiple of Ten Bullish Other -0.54%
Above Upper BB Strength -0.54%
Gapped Up Strength -0.54%
Overbought Stochastic Strength -0.54%
Up 3 Days in a Row Strength -0.54%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 2 hours ago
Down 2 % about 3 hours ago
Shooting Star Candlestick Entry about 3 hours ago
Fell Below Previous Day's Low about 3 hours ago
Down 1% about 3 hours ago

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Profile

Lumentum Holdings Inc. manufactures optical and photonic products for optical networking and commercial laser customers. It offers optical components and subsystems for telecom, enterprise, and data center network. The company also provides lasers enable advanced manufacturing techniques and applications. Lumentum Holdings Inc. was founded in 2015 and is headquartered in Milpitas, California.
Classification

Sector: Technology
Industry: Communication Equipment
Keywords: Laser Optics Photonics Electromagnetic Radiation Optical Networking Advanced Manufacturing Data Center Network Manufacturing Techniques

Is LITE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Comments

Indicators

Indicator Value
52 Week High 104.0
52 Week Low 38.285
Average Volume 1,797,186
200-Day Moving Average 61.39
50-Day Moving Average 87.08
20-Day Moving Average 87.54
10-Day Moving Average 89.50
Average True Range 4.17
RSI (14) 71.35
ADX 17.42
+DI 41.86
-DI 18.47
Chandelier Exit (Long, 3 ATRs) 91.50
Chandelier Exit (Short, 3 ATRs) 92.50
Upper Bollinger Bands 96.94
Lower Bollinger Band 78.14
Percent B (%b) 1.18
BandWidth 21.47
MACD Line 2.59
MACD Signal Line 1.24
MACD Histogram 1.3526
Fundamentals Value
Market Cap 6.9 Billion
Num Shares 68.7 Million
EPS -8.78
Price-to-Earnings (P/E) Ratio -11.43
Price-to-Sales 4.71
Price-to-Book 6.85
PEG Ratio 0.97
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 107.73
Resistance 3 (R3) 108.12 106.06 106.51
Resistance 2 (R2) 106.06 104.19 105.87 106.10
Resistance 1 (R1) 103.22 103.03 104.64 102.83 105.69
Pivot Point 101.16 101.16 101.87 100.97 101.16
Support 1 (S1) 98.32 99.29 99.74 97.93 95.07
Support 2 (S2) 96.26 98.13 96.07 94.66
Support 3 (S3) 93.42 96.26 94.26
Support 4 (S4) 93.03