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Stock Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
Lumentum Holdings Inc. (NASDAQ:LITE)
Countertrend Down (-85) - LITE is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid LITE?
MarketClub looks at technical strength and momentum to determine if the timing is right for LITE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LITE
The long-term trend has been DOWN since Apr 10th, 2024 at 45.10
The intermediate-term trend has been DOWN since Mar 11th, 2024 at 46.86
The short-term trend has been UP since Apr 26th, 2024 at 42.67
Smart Scan Analysis for LITE
Based on our trend formula, LITE is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 43.300 | 45.215 | 43.080 | 43.560 | -0.200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 43.520 | 827849 | 2024-05-01 15:59:47 |
| Year High | 74.4 | Year High Date | 2018-03-12 |
| Year Low | 37 | Year Low Date | 2018-11-12 |
| 52wk High | 65.16 | 52wk High Date | 2023-06-20 |
| 52wk Low | 35.35 | 52wk Low Date | 2023-10-27 |
| Average Volume | 892,612 | Shares Outstanding | 67,400 |
| Market Cap | 4,667M | Assets | 465,600,000M |
| Liabilities | 337,820,000M | P/E Ratio | 128.027 |
| Volatility | 130.42 |