LUMENTUM HOLDINGS INC (LITE)

US55024U1097 - Common Stock

42.01  -0.05 (-0.12%)

After market: 42.01 0 (0%)

Technical Rating and Analysis

0

Overall LITE gets a technical rating of 0 out of 10. LITE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, LITE is a bad performer in the overall market: 83% of all stocks are doing better.
LITE is one of the lesser performing stocks in the Communications Equipment industry. 66% of 54 stocks in the same industry do better.
LITE is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LITE is lagging the market.
In the last month LITE has a been trading in the 40.74 - 48.72 range, which is quite wide. It is currently trading near the lows of this range.
LITE has an average volume of 1202380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
LITE Weekly chart
LITE Daily chart
Setup Rating and Analysis

6

LITE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 41.47, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

40.91

58.38

When analyzing the support we notice one important area.

  • A support zone ranging from 41.32 to 41.47. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 42.02 to 42.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 45.91 to 47.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 50.12 to 50.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @57.80 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.2
Mansfield-2.11
10 Day High44.76
10 Day Low40.74
20 Day High48.72
20 Day Low40.74
52 Week High65.16
52 Week Low35.35
Performance
1 Week-1.01%
2 Weeks-7.02%
1 Month-13.29%
3 Month-23.99%
6 Month16.47%
12 Month-12.93%
2 Year-48.27%
3 Year-50.61%
5 Year-32.21%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.14
RSI(14)37.06
LBB39.65
UBB46.89
LITE Daily chart

LUMENTUM HOLDINGS INC

NASDAQ:LITE (4/25/2024, 7:02:39 PM)

After market: 42.01 0 (0%)

42.01

-0.05 (-0.12%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.12%
1 Week-1.01%
2 Weeks-7.02%
1 Month-13.29%
3 Month-23.99%
6 Month16.47%
12 Month-12.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.47
ATR(20)%3.52%
ATR Inc
Range Today0.88
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High44.76
10 Day Low40.74
20 Day High48.72
20 Day Low40.74
52 Week High65.16
52 Week Low35.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume942.20K
Volume Incr-2.5%
Vol(5)971.22K
Vol(50)1.20M