Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
Lumentum Holdings Inc. (NASDAQ:LITE)
Bull Market Weakness (+75) - LITE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LITE as it may be in the beginning stages of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for LITE
The long-term trend has been DOWN since Sep 19th, 2022 at 73.97
The intermediate-term trend has been UP since May 26th, 2023 at 49.28
The short-term trend has been UP since May 26th, 2023 at 48.50
Smart Scan Analysis for LITE
Based on our trend formula, LITE is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.600 | 53.890 | 48.365 | 53.670 | +5.680 |
| Prev. Close | Volume | Bid | Ask | Time |
| 53.630 | 3370469 | 2023-05-26 15:59:55 |
| Year High | 74.4 | Year High Date | 2018-03-12 |
| Year Low | 37 | Year Low Date | 2018-11-12 |
| 52wk High | 96.46 | 52wk High Date | 2022-08-15 |
| 52wk Low | 42 | 52wk Low Date | 2023-05-12 |
| Average Volume | 1,220,952 | Shares Outstanding | 68,700 |
| Market Cap | 4,667M | Assets | 435,400,000M |
| Liabilities | 281,600,000M | P/E Ratio | 128.027 |
| Volatility | 130.42 |