US stock / ETF

Lumentum Holdings Inc.

LITE · NASDAQ · USD

1 hourBearish92%
1h Downside probability 92%Bearish

LITE 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $942.99 and stabilize above resistance $1,008.8.

Invalidation Trigger

Break above $1,008.8 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 37.7, MACD -1.329

1h
Volatility EnvironmentRange
Low volatility

ATR is $14.04 (1.52%)

1h

EMA Structure

Bearish
EMA 8$933.84Bearish
EMA 21$942.99Bearish
EMA 50$945.61Bearish

Signals

CategoryReadStrength
Momentum
RSI 37.7 · MACD -1.329

Momentum is weak

Strength
Bearish
Volatility
ATR $14.04 · BB 4.14%

Low volatility

Strength
Range
Volume
MFI 40.4 · OBV -14.06%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$914.65 - $1,008.8

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.4% · 6.9 ATR above latest close

$1,022.9
Nearest resistance

+8.89% · 5.9 ATR above · 34-bar high

$1,008.8
Current price

Price shown is delayed

$926.5
Nearest support

-1.28% · 0.8 ATR below · 34-bar low

$914.65
Deeper support zone

-2.79% · 1.8 ATR below latest close

$900.61
ATR zone

Latest close ± ATR14

$912.46 - $940.54

Indicators

Trend

Dow Theory Structure

Confirmation $970.73, invalidation $914.65

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

Trend strength is moderate

13.9 / 22.7 / 20.4Bullish
Supertrend (10,3)

Price is above Supertrend

$878.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$945.87 / $970.7Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Volatility

ATR (14)

Low volatility

$14.04 (1.52%)Range
Bollinger Bands (20,2)

Width 4.14%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$974.96 / $909.9Range
ATR channel lower / upper

Current Volatility Envelope

$912.46 / $940.54Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,008.8Range
Support

Nearest Downside Decision Level

$914.65Range

Momentum

RSI (14)

Momentum is weak

37.7Bearish
MACD (12,26,9)

Histogram is negative

-1.329Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.1 / 26.2Bearish
Williams %R (14)

Neutral zone

-78.9Range
CCI (20)

Weak expansion

-113.5Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

40.4Bearish
OBV slope

20-period OBV slope

-14.06%Bearish
Volume ratio

Relative to 20-period average volume

1.56xBullish

Trend

Dow Theory Structure

Confirmation $970.73, invalidation $914.65

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

Trend strength is moderate

13.9 / 22.7 / 20.4Bullish
Supertrend (10,3)

Price is above Supertrend

$878.31Bullish
Ichimoku Cloud

Cloud Span A / Span B

$945.87 / $970.7Bearish
Donchian Channel (20)

20-period breakout channel position

21%Bearish

Momentum

RSI (14)

Momentum is weak

37.7Bearish
MACD (12,26,9)

Histogram is negative

-1.329Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

21.1 / 26.2Bearish
Williams %R (14)

Neutral zone

-78.9Range
CCI (20)

Weak expansion

-113.5Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$14.04 (1.52%)Range
Bollinger Bands (20,2)

Width 4.14%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$974.96 / $909.9Range
ATR channel lower / upper

Current Volatility Envelope

$912.46 / $940.54Range

Volume / Money Flow

MFI (14)

Money flow is weak

40.4Bearish
OBV slope

20-period OBV slope

-14.06%Bearish
Volume ratio

Relative to 20-period average volume

1.56xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,008.8Range
Support

Nearest Downside Decision Level

$914.65Range

Related Forecasts