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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 2024-05-21 View latest technical analysis

10 day averaged volume of Lumentum Holdings is 1530749

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	46.01	46.76	46.76	45.66	0.557 times
20 Mon May 2024	47.19	45.94	47.52	45.94	0.674 times
17 Fri May 2024	46.05	46.94	47.36	45.94	0.513 times
16 Thu May 2024	46.80	45.66	46.94	44.79	0.703 times
15 Wed May 2024	45.72	45.20	45.85	44.54	0.811 times
14 Tue May 2024	44.61	44.47	45.14	44.27	0.515 times
13 Mon May 2024	44.00	43.93	45.39	43.77	0.64 times
10 Fri May 2024	43.79	43.70	44.10	43.33	0.545 times
09 Thu May 2024	43.61	42.39	43.93	41.84	0.872 times
08 Wed May 2024	42.59	41.03	43.21	40.81	1.944 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 45.7, but if it comes below 45.7, then a intra day sell could be more profitable.
If you take a sell trade below 45.7, then use 45.7 as stoploss and 44.16 as target. However if you take a buy trade in stock , then use 45.7 as stoploss and 47.5 as target.

Share price targets for Lumentum Holdings (LITE)

Target Type	Value
Downside Target	40.74
Downside Target	42.60
Downside Target	43.57
Downside Target	45.10
Upside Target	47.36
Upside Target	48.12
Upside Target	48.72
Upside Target	48.86
Upside Target	53.17
Upside Target	57.24
Upside Target	60.99

Intraday share price targets for Lumentum Holdings (LITE)

Target Type	Value
Downside Intraday Target	45.27
Downside Intraday Target	44.54
Upside Intraday Target	47.13
Upside Intraday Target	48.26
Upside Intraday Target	46.4

Weekly technical analysis of Lumentum Holdings (LITE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	46.01	45.94	47.52	45.66	0.387 times
17 Fri May 2024	46.05	43.93	47.36	43.77	0.382 times
10 Fri May 2024	43.79	45.48	48.12	40.81	2.162 times
03 Fri May 2024	44.74	43.42	46.20	42.60	1.323 times
26 Fri Apr 2024	43.42	41.80	43.57	40.74	0.828 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
21 Tue May 2024	46.01	43.30	48.12	40.81	1.172 times
30 Tue Apr 2024	43.76	47.59	48.72	40.74	0.68 times
28 Thu Mar 2024	47.35	48.89	53.17	45.10	0.633 times
29 Thu Feb 2024	48.47	55.28	60.99	45.38	2.089 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Lumentum Holdings ( (LITE) ) based on a short to mid 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.

Price action analysis of Lumentum Holdings ( (LITE) ) based on a mid to longer 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.

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

MACD generated a BUY signal for Lumentum Holdings in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Lumentum Holdings Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 44.62 and Lumentum Holdings (LITE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

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