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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 2024-06-10 View latest technical analysis

10 day averaged volume of Lumentum Holdings is 810480

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	46.97	45.17	47.12	45.11	1.023 times
07 Fri Jun 2024	45.79	44.97	45.83	44.83	0.73 times
06 Thu Jun 2024	45.59	45.81	46.46	45.26	0.838 times
05 Wed Jun 2024	45.40	43.34	45.47	43.20	0.864 times
04 Tue Jun 2024	43.02	43.68	43.68	42.98	0.794 times
03 Mon Jun 2024	44.21	44.19	44.85	43.34	1.055 times
31 Fri May 2024	43.50	43.54	43.88	42.19	1.016 times
30 Thu May 2024	43.36	43.61	43.88	42.86	1.026 times
29 Wed May 2024	43.43	44.04	44.27	43.38	1.086 times
28 Tue May 2024	44.88	46.60	46.64	44.83	1.28 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 46.3, but if it comes below 46.3, then a intra day sell could be more profitable.
If you take a sell trade below 46.3, then use 46.3 as stoploss and 45.09 as target. However if you take a buy trade in stock , then use 46.3 as stoploss and 47.8 as target.

Share price targets for Lumentum Holdings (LITE)

Target Type	Value
Downside Target	40.74
Downside Target	42.19
Downside Target	45.10
Downside Target	46.46
Upside Target	47.12
Upside Target	47.36
Upside Target	47.52
Upside Target	48.12
Upside Target	48.72
Upside Target	53.17
Upside Target	60.99

Intraday share price targets for Lumentum Holdings (LITE)

Target Type	Value
Downside Intraday Target	45.68
Downside Intraday Target	44.39
Upside Intraday Target	47.69
Upside Intraday Target	48.41
Downside Intraday Target	46.4

Weekly technical analysis of Lumentum Holdings (LITE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	46.97	45.17	47.12	45.11	0.239 times
07 Fri Jun 2024	45.79	44.19	46.46	42.98	0.971 times
31 Fri May 2024	43.50	46.60	46.64	42.19	0.941 times
23 Thu May 2024	45.92	45.94	47.52	45.19	0.779 times
17 Fri May 2024	46.05	43.93	47.36	43.77	0.382 times

Price has moved up 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
10 Mon Jun 2024	46.97	44.19	47.12	42.98	0.151 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
28 Thu Mar 2024	47.35	48.89	53.17	45.10	0.633 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 neutral. A longer time frame might give a better analysis.

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 gaining 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Lumentum Holdings in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.58 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 positive

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