LUMENTUM HOLDINGS INC (LITE) Stock Technical Analysis
NASDAQ:LITE • US55024U1097
We assign a technical rating of 10 out of 10 to LITE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, LITE is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that LITE is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, LITE also shows a nice and consistent pattern of rising prices.
- LITE is part of the Communications Equipment industry. There are 48 other stocks in this industry. LITE outperforms 97% of them.
- LITE is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month LITE has a been trading in the 327.29 - 636.68 range, which is quite wide. It is currently trading near the high of this range.
- LITE has an average volume of 4577790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although LITE has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
312.99
We found 5 important support areas.
- A support zone ranging from 635.63 to 635.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @374.08 from a trend line in the daily time frame.
- Support @357.75 from a trend line in the weekly time frame.
- Support @332.74 from a trend line in the daily time frame.
- Support @316.15 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for LITE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for LITE is up. |
| ChartMill Relative Strength | 99.72 | POSITIVE | LITE has a high relative strength, it outperformed 99.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of LITE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of LITE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of LITE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.6 | OVERBOUGHT | The high RSI value suggests LITE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 12.42 | POSITIVE | The MACD value suggests LITE has a positive trend. |
| Stochastics (14,3) | 94.8 | OVERBOUGHT | The high Stochastics value suggests LITE may be overbought. |
| Average True Range in percent/ATR (20) | 7.6 | HIGH VOLATILITY | The high ATR as a percentage value for LITE suggests high volalility. |
| Average Directional Index/ADX (14) | 37.71 | POSITIVE | The high ADX value value for LITE suggests a strong trend. |
NASDAQ:LITE (2/20/2026, 2:48:55 PM)
662.32
+26.68 (+4.2%)
LUMENTUM HOLDINGS INC / LITE FAQ
What is the technical rating for LITE stock?
ChartMill assigns a technical rating of 10 / 10 to LITE.
Can you provide the trend direction for LUMENTUM HOLDINGS INC?
The current trend direction for LUMENTUM HOLDINGS INC (LITE) is Bullish.
What is the RSI signal for LITE stock?
LUMENTUM HOLDINGS INC (LITE) has an RSI value of 77.6021. This indicates that the stock is currently overbought.
What is the buy/sell signal for LITE stock?
The buy/sell signal for LUMENTUM HOLDINGS INC (LITE) is buy as both the short term and long term trends are positive.
What is the support and resistance level for LITE stock?
LUMENTUM HOLDINGS INC (LITE) has a support level at 374.08. Check the full technical report for our detailed analysis of LITE support and resistance levels.