US stock / ETF

Lumentum Holdings Inc.

LITE · NASDAQ · USD

1 weekRange47%
Weekly Range probability 94%Range

LITE 1W chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $548.24 - $1,143 with volume.

Invalidation Trigger

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

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Weekly
Momentum StateBearish
Momentum soft

RSI 45.3, MACD -17.474

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $161.18 (21.32%)

Weekly

EMA Structure

Bullish
EMA 8$901.04Bearish
EMA 21$867.69Bearish
EMA 50$713.26Bullish

Signals

CategoryReadStrength
Momentum
RSI 45.3 · MACD -17.474

Neutral zone

Strength
Bearish
Volatility
ATR $161.18 · BB 48.06%

High volatility

Strength
Bearish
Volume
MFI 57.7 · OBV 0.17%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$548.24 - $1,143

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+72.47% · 3.4 ATR above latest close

$1,304.2
Nearest resistance

+51.16% · 2.4 ATR above · 34-bar high

$1,143
Current price

Price shown is delayed

$756.17
Nearest support

-27.5% · 1.3 ATR below · 34-bar low

$548.24
Deeper support zone

-48.81% · 2.3 ATR below latest close

$387.06
ATR zone

Latest close ± ATR14

$594.99 - $917.35

Indicators

Trend

Dow Theory Structure

Confirmation $1,143, invalidation $594.84

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

Trend strength is moderate

14.0 / 25.3 / 22.3Bullish
Supertrend (10,3)

Price is above Supertrend

$364.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$904.21 / $663.6Bearish
Donchian Channel (20)

20-period breakout channel position

29%Range

Volatility

ATR (14)

High volatility

$161.18 (21.32%)Bearish
Bollinger Bands (20,2)

Width 48.06%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,167.6 / $576.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$594.99 / $917.35Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,143Range
Support

Nearest Downside Decision Level

$548.24Range

Momentum

RSI (14)

Neutral zone

45.3Range
MACD (12,26,9)

Histogram is negative

-17.474Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.4 / 54.7Bearish
Williams %R (14)

Neutral zone

-70.6Range
CCI (20)

Balanced zone

-72.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

57.7Bullish
OBV slope

20-period OBV slope

0.17%Bullish
Volume ratio

Relative to 20-period average volume

1.01xRange

Trend

Dow Theory Structure

Confirmation $1,143, invalidation $594.84

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

Trend strength is moderate

14.0 / 25.3 / 22.3Bullish
Supertrend (10,3)

Price is above Supertrend

$364.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$904.21 / $663.6Bearish
Donchian Channel (20)

20-period breakout channel position

29%Range

Momentum

RSI (14)

Neutral zone

45.3Range
MACD (12,26,9)

Histogram is negative

-17.474Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

29.4 / 54.7Bearish
Williams %R (14)

Neutral zone

-70.6Range
CCI (20)

Balanced zone

-72.2Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

High volatility

$161.18 (21.32%)Bearish
Bollinger Bands (20,2)

Width 48.06%

23%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,167.6 / $576.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$594.99 / $917.35Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

57.7Bullish
OBV slope

20-period OBV slope

0.17%Bullish
Volume ratio

Relative to 20-period average volume

1.01xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,143Range
Support

Nearest Downside Decision Level

$548.24Range

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