US stock / ETF

Lumentum Holdings Inc.

LITE · NASDAQ · USD

1 dayBearish77%
Daily Downside probability 77%Bearish

LITE 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $749.03 and stabilize above resistance $961.68.

Invalidation Trigger

Break above $961.68 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 42.9, MACD -2.396

Daily
Volatility EnvironmentBearish
High volatility

ATR is $80.23 (11.94%)

Daily

EMA Structure

Bearish
EMA 8$716.49Bearish
EMA 21$749.03Bearish
EMA 50$789.74Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.9 · MACD -2.396

Momentum is weak

Strength
Bearish
Volatility
ATR $80.23 · BB 33.39%

High volatility

Strength
Bearish
Volume
MFI 53.5 · OBV 4.91%

Relative to 20-period average volume

Strength
Range
Price Levels
$594.84 - $961.68

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+55.11% · 4.6 ATR above latest close

$1,041.9
Nearest resistance

+43.17% · 3.6 ATR above · 34-bar high

$961.68
Current price

Price shown is delayed

$671.72
Nearest support

-11.45% · 1.0 ATR below · 34-bar low

$594.84
Deeper support zone

-23.39% · 2.0 ATR below latest close

$514.61
ATR zone

Latest close ± ATR14

$591.49 - $751.95

Indicators

Trend

Dow Theory Structure

Confirmation $897, invalidation $594.84

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

17.2 / 23.8 / 28.0Bearish
Supertrend (10,3)

Price is above Supertrend

$427.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$745.92 / $822.19Bearish
Donchian Channel (20)

20-period breakout channel position

25%Bearish

Volatility

ATR (14)

High volatility

$80.23 (11.94%)Bearish
Bollinger Bands (20,2)

Width 33.39%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$914.78 / $578.74Bearish
ATR channel lower / upper

Current Volatility Envelope

$591.49 / $751.95Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$961.68Range
Support

Nearest Downside Decision Level

$594.84Range

Momentum

RSI (14)

Momentum is weak

42.9Bearish
MACD (12,26,9)

Histogram is negative

-2.396Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.4 / 42.0Bearish
Williams %R (14)

Neutral zone

-74.6Range
CCI (20)

Balanced zone

-91.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.5Range
OBV slope

20-period OBV slope

4.91%Bullish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Trend

Dow Theory Structure

Confirmation $897, invalidation $594.84

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

17.2 / 23.8 / 28.0Bearish
Supertrend (10,3)

Price is above Supertrend

$427.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$745.92 / $822.19Bearish
Donchian Channel (20)

20-period breakout channel position

25%Bearish

Momentum

RSI (14)

Momentum is weak

42.9Bearish
MACD (12,26,9)

Histogram is negative

-2.396Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.4 / 42.0Bearish
Williams %R (14)

Neutral zone

-74.6Range
CCI (20)

Balanced zone

-91.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$80.23 (11.94%)Bearish
Bollinger Bands (20,2)

Width 33.39%

19%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$914.78 / $578.74Bearish
ATR channel lower / upper

Current Volatility Envelope

$591.49 / $751.95Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.5Range
OBV slope

20-period OBV slope

4.91%Bullish
Volume ratio

Relative to 20-period average volume

0.07xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$961.68Range
Support

Nearest Downside Decision Level

$594.84Range

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