Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Lumentum Holdings is 965470

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	42.06	42.03	42.62	41.75	0.855 times
23 Tue Apr 2024	42.01	41.21	42.67	41.21	1.069 times
22 Mon Apr 2024	41.34	41.80	41.96	40.74	0.98 times
19 Fri Apr 2024	41.74	42.43	43.05	41.69	1.149 times
18 Thu Apr 2024	42.44	41.97	43.06	41.67	1.084 times
17 Wed Apr 2024	41.98	43.35	43.81	41.95	0.755 times
16 Tue Apr 2024	43.31	42.05	43.45	41.95	1.596 times
15 Mon Apr 2024	41.81	43.75	43.92	41.76	0.985 times
12 Fri Apr 2024	43.45	44.47	44.76	43.30	0.712 times
11 Thu Apr 2024	45.18	45.29	45.70	44.57	0.919 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.3, but if it comes above 42.3, then a intra day buy could be more profitable.
If you take a sell trade below 42.3, then use 42.3 as stoploss and 39.3 as target. However if you take a buy trade in stock , then use 42.3 as stoploss and 44.78 as target.

Share price targets for Lumentum Holdings (LITE)

Target Type	Value
Downside Target	40.74
Upside Target	42.67
Upside Target	45.10
Upside Target	47.16
Upside Target	48.72
Upside Target	48.86
Upside Target	52.08
Upside Target	53.17
Upside Target	54.60
Upside Target	57.24
Upside Target	60.99

Intraday share price targets for Lumentum Holdings (LITE)

Target Type	Value
Downside Intraday Target	40.98
Downside Intraday Target	39.89
Upside Intraday Target	42.91
Upside Intraday Target	43.75
Downside Intraday Target	41.82

Weekly technical analysis of Lumentum Holdings (LITE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	42.06	41.80	42.67	40.74	0.522 times
19 Fri Apr 2024	41.74	43.75	43.92	41.67	1.48 times
12 Fri Apr 2024	43.45	46.03	47.38	43.30	0.921 times
05 Fri Apr 2024	45.90	47.59	48.72	45.75	0.712 times
28 Thu Mar 2024	47.35	50.62	52.08	47.16	0.887 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
24 Wed Apr 2024	42.06	47.59	48.72	40.74	0.543 times
28 Thu Mar 2024	47.35	48.89	53.17	45.10	0.633 times
29 Thu Feb 2024	48.47	55.28	60.99	45.38	2.089 times
31 Wed Jan 2024	54.94	52.00	57.24	48.86	0.962 times

Scroll below to view daily charts

Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Lumentum Holdings ( (LITE) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Lumentum Holdings ( (LITE) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Lumentum Holdings in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 42.54 and Lumentum Holdings (LITE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.