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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 2024-08-27 View latest technical analysis

10 day averaged volume of Lumentum Holdings is 2703396

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	57.48	55.29	57.75	55.07	0.403 times
26 Mon Aug 2024	56.41	58.72	58.75	56.15	0.685 times
23 Fri Aug 2024	59.17	55.99	59.18	55.78	0.73 times
22 Thu Aug 2024	55.59	57.10	57.65	55.49	0.489 times
21 Wed Aug 2024	56.39	55.28	57.11	54.68	0.601 times
20 Tue Aug 2024	56.09	53.11	57.08	53.00	1.068 times
19 Mon Aug 2024	52.82	51.98	52.85	51.14	0.726 times
16 Fri Aug 2024	51.98	52.27	54.16	51.45	0.913 times
15 Thu Aug 2024	52.26	51.25	53.39	50.59	2.907 times
14 Wed Aug 2024	45.53	46.37	47.50	45.50	1.007 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 55.5, but if it comes below 55.5, then a intra day sell could be more profitable.
If you take a sell trade below 55.5, then use 55.5 as stoploss and 49.45 as target. However if you take a buy trade in stock , then use 55.5 as stoploss and 62.7 as target.

Share price targets for Lumentum Holdings (LITE)

Target Type	Value
Downside Target	38.29
Downside Target	40.74
Downside Target	42.98
Downside Target	48.12
Downside Target	51.14
Downside Target	52.92
Downside Target	54.16
Downside Target	55.07
Upside Target	58.75
Upside Target	59.18
Upside Target	60.40

Intraday share price targets for Lumentum Holdings (LITE)

Target Type	Value
Downside Intraday Target	55.45
Downside Intraday Target	53.42
Upside Intraday Target	59.13
Upside Intraday Target	60.78
Downside Intraday Target	57.1

Weekly technical analysis of Lumentum Holdings (LITE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	57.48	58.72	58.75	55.07	0.301 times
23 Fri Aug 2024	59.17	51.98	59.18	51.14	0.577 times
16 Fri Aug 2024	51.98	43.77	54.16	43.28	1.837 times
09 Fri Aug 2024	43.25	40.70	43.98	38.29	1.022 times
02 Fri Aug 2024	44.33	51.99	52.92	44.29	1.444 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
27 Tue Aug 2024	57.48	52.12	59.18	38.29	1.487 times
31 Wed Jul 2024	51.78	50.63	60.40	48.56	1.776 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 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 SELL signal for Lumentum Holdings in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 53.47 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.