LUMENTUM HOLDINGS INC (LITE)
US55024U1097 - Common Stock
We assign a technical rating of 10 out of 10 to LITE. Both in the recent history as in the last year, LITE has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, LITE did better than 95% of all other stocks. We also observe that the gains produced by LITE over the past year are nicely spread over this period.
LITE is one of the better performing stocks in the Communications Equipment industry, it outperforms 88% of 51 stocks in the same industry.
LITE is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month LITE has a been trading in the 62.38 - 90.51 range, which is quite wide. It is currently trading near the high of this range.
LITE has an average volume of 1829300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
LITE has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
40.93
89.98
When analyzing the support we can see 4 important areas.
- A support zone ranging from 80.54 to 81.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 69.43 to 70.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @45.88 from a trend line in the weekly time frame.
- Support @41.34 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.42
Mansfield4.81
10 Day High90.51
10 Day Low79
20 Day High90.51
20 Day Low62.38
52 Week High90.51
52 Week Low38.28
Performance
1 Week9.38%
2 Weeks6.25%
1 Month38.4%
3 Month50.57%
6 Month92.5%
12 Month103.45%
2 Year62.16%
3 Year2.67%
5 Year20.95%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.58
RSI(14)72.77
LBB68.83
UBB94.57
LUMENTUM HOLDINGS INC
NASDAQ:LITE (11/22/2024, 8:00:02 PM)
After market: 89.3 +0.21 (+0.24%)89.09
+3.48 (+4.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg4.06%
1 Week9.38%
2 Weeks6.25%
1 Month38.4%
3 Month50.57%
6 Month92.5%
12 Month103.45%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.75
ATR(20)%4.41%
ATR Inc
Range Today4.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High90.51
10 Day Low79
20 Day High90.51
20 Day Low62.38
52 Week High90.51
52 Week Low38.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.31M
Volume Incr1.17%
Vol(5)2.03M
Vol(50)1.83M