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(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.

Showing technical analysis as on 2024-07-29 View latest technical analysis

10 day averaged volume of Lumentum Holdings is 1329369

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	51.80	51.99	52.92	51.48	0.473 times
26 Fri Jul 2024	51.83	51.45	51.86	50.55	0.944 times
25 Thu Jul 2024	50.83	52.78	52.78	50.71	1.18 times
24 Wed Jul 2024	52.71	54.12	54.82	52.67	0.996 times
23 Tue Jul 2024	54.80	54.86	55.45	54.03	0.805 times
22 Mon Jul 2024	55.42	55.62	55.83	54.55	0.77 times
19 Fri Jul 2024	54.77	55.51	55.73	54.30	0.723 times
18 Thu Jul 2024	55.50	57.50	57.93	54.50	1.742 times
17 Wed Jul 2024	57.41	58.33	58.62	56.87	1.025 times
16 Tue Jul 2024	59.09	58.27	59.19	57.13	0.998 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53, but if it comes above 53, then a intra day buy could be more profitable.
If you take a sell trade below 53, then use 53 as stoploss and 50.2 as target. However if you take a buy trade in stock , then use 53 as stoploss and 55.24 as target.

Share price targets for Lumentum Holdings (LITE)

Target Type	Value
Downside Target	40.74
Downside Target	42.98
Downside Target	45.10
Downside Target	48.12
Downside Target	50.47
Upside Target	52.92
Upside Target	54.30
Upside Target	55.04
Upside Target	55.43
Upside Target	55.83
Upside Target	59.63
Upside Target	60.40

Intraday share price targets for Lumentum Holdings (LITE)

Target Type	Value
Downside Intraday Target	51.21
Downside Intraday Target	50.63
Upside Intraday Target	52.65
Upside Intraday Target	53.51
Upside Intraday Target	52.07

Weekly technical analysis of Lumentum Holdings (LITE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	51.80	51.99	52.92	51.48	0.101 times
26 Fri Jul 2024	51.83	55.62	55.83	50.55	0.885 times
19 Fri Jul 2024	54.77	59.15	59.63	54.30	1.201 times
12 Fri Jul 2024	59.24	55.80	60.40	55.04	4.835 times
05 Fri Jul 2024	55.35	54.08	55.43	53.77	0.386 times

Price has moved down 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
29 Mon Jul 2024	51.80	50.63	60.40	50.47	1.495 times
28 Fri Jun 2024	50.92	44.19	51.50	42.98	0.566 times
31 Fri May 2024	43.50	43.30	48.12	40.81	1.45 times
30 Tue Apr 2024	43.76	47.59	48.72	40.74	0.68 times

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a SELL signal for Lumentum Holdings in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Lumentum Holdings is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 54.56 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.