LUMENTUM HOLDINGS INC (LITE) Stock Technical Analysis
NASDAQ:LITE - Nasdaq - US55024U1097 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to LITE. Both in the recent history as in the last year, LITE has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 96% of all stocks.
LITE is part of the Communications Equipment industry. There are 48 other stocks in this industry. LITE outperforms 87% 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 88.37 - 105.47 range, which is quite wide. It is currently trading near the high of this range.
LITE has an average volume of 2151890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
51.92
107.52
4 important support areas can be observed.
- A support zone ranging from 104.53 to 104.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 99.41 to 100.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @90.44 from a horizontal line in the daily time frame.
- Support @52.44 from a trend line in the weekly 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 | 96.1 | POSITIVE | LITE has a high relative strength, it outperformed 96.1% 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) | 70.94 | OVERBOUGHT | The high RSI value suggests LITE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests LITE has a positive trend. |
| Stochastics (14,3) | 86.07 | OVERBOUGHT | The high Stochastics value suggests LITE may be overbought. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for LITE suggests some volalility. |
| Average Directional Index/ADX (14) | 39.25 | POSITIVE | The high ADX value value for LITE suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:LITE (7/28/2025, 1:38:56 PM)
106.46
+1.94 (+1.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg1.86%
1 Week2.25%
2 Weeks12.4%
1 Month10.36%
3 Month74.2%
6 Month9.27%
12 Month101.66%
2 Year99.62%
3 Year15.54%
5 Year12.59%
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.9
ATR(20)%3.58%
ATR Inc-33.06%
Range Today1.99
ADR(20)3.51
ADR(20)%3.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.1
Mansfield3.01
10 Day High105.47
10 Day Low90.98
20 Day High105.47
20 Day Low88.37
52 Week High105.47
52 Week Low38.28
CS1 End100.78
CR1 Start104.53
Volume & EV
DER(3)2.44%
DER(5)1.46%
Volume614.59K
Volume Incr9.52%
Vol(5)2.33M
Vol(50)2.15M