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(LITE) Lumentum Holdings complete technical analysis [charts+indicators] | Buy/Sell Lumentum Holdings | (LITE) share price targets

Complete technical analysis of Lumentum Holdings (LITE) by charts plus indicators, forecast predictions and share price targets for Lumentum Holdings (LITE)

Lumentum Holdings trades in USA in Consumer Durables sector.

Showing technical analysis as on 2024-08-19 View latest technical analysis

10 day averaged volume of Lumentum Holdings is 2612948

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	52.82	51.98	52.85	51.14	0.751 times
16 Fri Aug 2024	51.98	52.27	54.16	51.45	0.944 times
15 Thu Aug 2024	52.26	51.25	53.39	50.59	3.008 times
14 Wed Aug 2024	45.53	46.37	47.50	45.50	1.042 times
13 Tue Aug 2024	46.24	45.49	46.57	44.77	0.904 times
12 Mon Aug 2024	44.94	43.77	45.91	43.28	0.578 times
09 Fri Aug 2024	43.25	43.22	43.66	42.05	0.364 times
08 Thu Aug 2024	43.34	42.12	43.42	40.90	0.588 times
07 Wed Aug 2024	40.28	42.65	43.98	40.26	0.543 times
06 Tue Aug 2024	41.59	41.81	43.08	40.96	0.633 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52.4, but if it comes below 52.4, then a intra day sell could be more profitable.
If you take a sell trade below 52.4, then use 52.4 as stoploss and 47.94 as target. However if you take a buy trade in stock , then use 52.4 as stoploss and 57.8 as target.

Share price targets for Lumentum Holdings (LITE)

Target Type	Value
Downside Target	38.29
Downside Target	40.74
Downside Target	42.98
Downside Target	48.12
Downside Target	50.55
Downside Target	51.50
Upside Target	52.85
Upside Target	52.92
Upside Target	54.16
Upside Target	55.83
Upside Target	60.40

Intraday share price targets for Lumentum Holdings (LITE)

Target Type	Value
Downside Intraday Target	51.69
Downside Intraday Target	50.56
Upside Intraday Target	53.4
Upside Intraday Target	53.98
Downside Intraday Target	52.27

Weekly technical analysis of Lumentum Holdings (LITE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	52.82	51.98	52.85	51.14	0.116 times
16 Fri Aug 2024	51.98	43.77	54.16	43.28	1.837 times
09 Fri Aug 2024	43.25	40.70	43.98	38.29	1.022 times
02 Fri Aug 2024	44.33	51.99	52.92	44.29	1.444 times
26 Fri Jul 2024	51.83	55.62	55.83	50.55	0.885 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Lumentum Holdings (LITE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	52.82	52.12	54.16	38.29	1.113 times
31 Wed Jul 2024	51.78	50.63	60.40	48.56	1.776 times
28 Fri Jun 2024	50.92	44.19	51.50	42.98	0.566 times
31 Fri May 2024	43.50	43.30	48.12	40.81	1.45 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Lumentum Holdings (LITE)

Price action analysis of Lumentum Holdings ( (LITE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Lumentum Holdings ( (LITE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Lumentum Holdings ( (LITE) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Lumentum Holdings stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Lumentum Holdings in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Lumentum Holdings Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Lumentum Holdings in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Lumentum Holdings is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 48.17 and Lumentum Holdings (LITE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Lumentum Holdings (LITE) stock. Volume based technical analysis of Lumentum Holdings (LITE) stock is negative.

Lumentum Holdings Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.