Technical Analysis for LITE - Lumentum Holdings Inc.

Grade Last Price % Change Price Change
C 51.84 -2.19% -1.16
LITE closed up 1.49 percent on Friday, June 2, 2023, on 1.27 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Calm After Storm Range Contraction -2.19%
NR7 Range Contraction -2.19%
Overbought Stochastic Strength -2.19%
Stochastic Sell Signal Bearish -0.73%
Calm After Storm Range Contraction -0.73%
Upper Bollinger Band Walk Strength -0.73%
Overbought Stochastic Strength -0.73%
Calm After Storm Range Contraction -2.00%
Upper Bollinger Band Walk Strength -2.00%
Inside Day Range Contraction -2.00%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 1 ATR about 3 hours ago
Down 3% about 3 hours ago
Down 2 % about 3 hours ago
Fell Below Previous Day's Low about 4 hours ago
Down 1% about 4 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

Indicators

Indicator Value
52 Week High 96.45
52 Week Low 42.0
Average Volume 1,172,282
200-Day Moving Average 59.71
50-Day Moving Average 48.37
20-Day Moving Average 47.84
10-Day Moving Average 50.22
Average True Range 2.00
RSI (14) 61.09
ADX 24.0
+DI 35.03
-DI 15.61
Chandelier Exit (Long, 3 ATRs) 49.30
Chandelier Exit (Short, 3 ATRs) 47.99
Upper Bollinger Bands 54.93
Lower Bollinger Band 40.75
Percent B (%b) 0.86
BandWidth 29.62
MACD Line 1.38
MACD Signal Line 0.48
MACD Histogram 0.8996
Fundamentals Value
Market Cap 4 Billion
Num Shares 75.5 Million
EPS 2.00
Price-to-Earnings (P/E) Ratio 26.46
Price-to-Sales 4.02
Price-to-Book 3.62
PEG Ratio 0.97
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 54.87
Resistance 3 (R3) 54.87 54.24 54.56
Resistance 2 (R2) 54.24 53.77 54.24 54.45
Resistance 1 (R1) 53.62 53.47 53.93 53.62 54.35
Pivot Point 53.00 53.00 53.15 53.00 53.00
Support 1 (S1) 52.38 52.52 52.69 52.38 51.65
Support 2 (S2) 51.75 52.23 51.75 51.55
Support 3 (S3) 51.13 51.75 51.44
Support 4 (S4) 51.13