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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 2024-08-22 View latest technical analysis

10 day averaged volume of Lumentum Holdings is 2588326

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	55.59	57.10	57.65	55.49	0.51 times
21 Wed Aug 2024	56.39	55.28	57.11	54.68	0.628 times
20 Tue Aug 2024	56.09	53.11	57.08	53.00	1.116 times
19 Mon Aug 2024	52.82	51.98	52.85	51.14	0.758 times
16 Fri Aug 2024	51.98	52.27	54.16	51.45	0.953 times
15 Thu Aug 2024	52.26	51.25	53.39	50.59	3.037 times
14 Wed Aug 2024	45.53	46.37	47.50	45.50	1.052 times
13 Tue Aug 2024	46.24	45.49	46.57	44.77	0.913 times
12 Mon Aug 2024	44.94	43.77	45.91	43.28	0.583 times
09 Fri Aug 2024	43.25	43.22	43.66	42.05	0.367 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.5, but if it comes below 53.5, then a intra day sell could be more profitable.
If you take a sell trade below 53.5, then use 53.5 as stoploss and 48.43 as target. However if you take a buy trade in stock , then use 53.5 as stoploss and 59.6 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
Downside Target	52.92
Downside Target	54.16
Upside Target	55.83
Upside Target	57.65
Upside Target	60.40

Intraday share price targets for Lumentum Holdings (LITE)

Target Type	Value
Downside Intraday Target	51.94
Downside Intraday Target	48.28
Upside Intraday Target	58.45
Upside Intraday Target	61.3
Downside Intraday Target	54.79

Weekly technical analysis of Lumentum Holdings (LITE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	55.59	51.98	57.65	51.14	0.461 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
22 Thu Aug 2024	55.59	52.12	57.65	38.29	1.316 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 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 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 gaining momentum.

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

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Lumentum Holdings in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 51.11 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.