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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Lumentum Holdings Inc. (NASDAQ:LITE)
Countertrend Up (+85) - LITE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Sep 19th, 2024 at 60.40
The intermediate-term trend has been UP since Nov 6th, 2024 at 71.07
The short-term trend has been DOWN since Nov 15th, 2024 at 85.00
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 |
|---|---|---|---|---|
| 79.68 | 82.97 | 79.00 | 82.51 | +1.97 |
| Prev. Close | Volume | Bid | Ask | Time |
| 82.48 | 1112091 | 2024-11-19 15:59:33 |
| Year High | 74.4 | Year High Date | 2018-03-12 |
| Year Low | 37 | Year Low Date | 2018-11-12 |
| 52wk High | 89.7 | 52wk High Date | 2024-11-11 |
| 52wk Low | 38.285 | 52wk Low Date | 2024-08-05 |
| Average Volume | 1,990,442 | Shares Outstanding | 68,700 |
| Market Cap | 4,667M | Assets | 396,960,000M |
| Liabilities | 307,370,000M | P/E Ratio | 128.027 |
| Volatility | 130.42 |