LUMENTUM HOLDINGS INC (LITE) Stock Technical Analysis
NASDAQ:LITE - US55024U1097 - Common Stock
149.13 USD
-0.33 (-0.22%)
Overall LITE gets a technical rating of 10 out of 10. 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!
Looking at the yearly performance, LITE did better than 97% of all other stocks. We also observe that the gains produced by LITE over the past year are nicely spread over this period.
LITE is one of the better performing stocks in the Communications Equipment industry, it outperforms 87% of 48 stocks in the same industry.
LITE is currently trading near its 52 week high, which is a good sign. 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 111.20 - 152.27 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
LITE has an average volume of 2999510 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 present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
120.62
150.62
When analyzing the support we notice one important area.
- Support @121.84 from a trend 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 | 97.57 | POSITIVE | LITE has a high relative strength, it outperformed 97.57% 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) | 82 | OVERBOUGHT | The high RSI value suggests LITE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.07 | POSITIVE | The MACD value suggests LITE has a positive trend. |
| Stochastics (14,3) | 95.06 | OVERBOUGHT | The high Stochastics value suggests LITE may be overbought. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for LITE suggests some volalility. |
| Average Directional Index/ADX (14) | 43.75 | 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 (9/8/2025, 12:21:03 PM)
149.13
-0.33 (-0.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-0.22%
1 Week12.29%
2 Weeks24.96%
1 Month28.26%
3 Month80.84%
6 Month134.44%
12 Month167.35%
2 Year230.08%
3 Year117.49%
5 Year98.5%
10 Year779.82%
15 YearN/A
Volatility
ATR(14)6.07
ATR(20)%4.21%
ATR Inc25.28%
Range Today3.83
ADR(20)5.98
ADR(20)%4.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.57
Mansfield6.42
10 Day High152.27
10 Day Low119.25
20 Day High152.27
20 Day Low111.2
52 Week High152.27
52 Week Low45.65
CS1 End121.09
CR1 StartN/A
Volume & EV
DER(3)1.43%
DER(5)1.69%
Volume1.78M
Volume Incr40.74%
Vol(5)4.91M
Vol(50)3.00M