US stock / ETF

Lumentum Holdings Inc.

LITE · NASDAQ · USD

1 weekRange48%
Weekly Range probability 96%Range

LITE 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $317.44 - $1,085.7 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateRange
Momentum mixed

RSI 57.1, MACD -16.820

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $169.71 (19.58%)

Weekly

EMA Structure

Bullish
EMA 8$838.44Bullish
EMA 21$792.62Bullish
EMA 50$621.1Bullish

Signals

CategoryReadStrength
Momentum
RSI 57.1 · MACD -16.820

Momentum is strong

Strength
Range
Volatility
ATR $169.71 · BB 34.78%

High volatility

Strength
Bearish
Volume
MFI 39.7 · OBV -15.37%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$317.44 - $1,085.7

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+44.85% · 2.3 ATR above latest close

$1,255.4
Nearest resistance

+25.26% · 1.3 ATR above · 34-bar high

$1,085.7
Current price

Price shown is delayed

$866.71
Nearest support

-63.37% · 3.2 ATR below · 34-bar low

$317.44
Deeper support zone

-82.96% · 4.2 ATR below latest close

$147.73
ATR zone

Latest close ± ATR14

$697 - $1,036.4

Indicators

Trend

Dow Theory Structure

Confirmation $594.84, invalidation $1,049.5

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

23.8 / 18.3 / 18.6Bearish
Supertrend (10,3)

Price is above Supertrend

$376.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$798.84 / $602.47Bullish
Donchian Channel (20)

20-period breakout channel position

55%Bullish

Volatility

ATR (14)

High volatility

$169.71 (19.58%)Bearish
Bollinger Bands (20,2)

Width 34.78%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,138.4 / $457.56Bearish
ATR channel lower / upper

Current Volatility Envelope

$697 / $1,036.4Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,085.7Range
Support

Nearest Downside Decision Level

$317.44Range

Momentum

RSI (14)

Momentum is strong

57.1Bullish
MACD (12,26,9)

Histogram is negative

-16.820Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.8 / 62.5Bearish
Williams %R (14)

Neutral zone

-40.2Range
CCI (20)

Balanced zone

28.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.7Bearish
OBV slope

20-period OBV slope

-15.37%Bearish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Trend

Dow Theory Structure

Confirmation $594.84, invalidation $1,049.5

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

23.8 / 18.3 / 18.6Bearish
Supertrend (10,3)

Price is above Supertrend

$376.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$798.84 / $602.47Bullish
Donchian Channel (20)

20-period breakout channel position

55%Bullish

Momentum

RSI (14)

Momentum is strong

57.1Bullish
MACD (12,26,9)

Histogram is negative

-16.820Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

59.8 / 62.5Bearish
Williams %R (14)

Neutral zone

-40.2Range
CCI (20)

Balanced zone

28.1Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$169.71 (19.58%)Bearish
Bollinger Bands (20,2)

Width 34.78%

53%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,138.4 / $457.56Bearish
ATR channel lower / upper

Current Volatility Envelope

$697 / $1,036.4Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.7Bearish
OBV slope

20-period OBV slope

-15.37%Bearish
Volume ratio

Relative to 20-period average volume

0.79xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,085.7Range
Support

Nearest Downside Decision Level

$317.44Range

Related Forecasts