Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, May 21, 2024.

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.

Open High Low LITE Price Change
45.94 47.52 45.94 47.19 +1.14
Entry Signal

MarketClub’s Trade Triangles for LITE

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 45.1

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 46.2

short term up The short-term trend has been UP since May 13th, 2024 at 44.1

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).

Smart Scan Analysis for LITE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.94 47.52 45.94 47.19 +1.14
Prev. Close Volume Bid Ask Time
47.19 895633 2024-05-20 15:59:40
Year High74.4Year High Date2018-03-12
Year Low37Year Low Date2018-11-12
52wk High65.1652wk High Date2023-06-20
52wk Low35.3552wk Low Date2023-10-27
Average Volume1,402,420Shares Outstanding67,600
Market Cap4,667MAssets420,450,000M
Liabilities302,780,000MP/E Ratio128.027
Get a free daily analysis and signals for Lumentum Holdings Inc. (LITE) - Request Your Free Report.