US stock / ETF

Lumentum Holdings Inc.

LITE · NASDAQ · USD

4 hoursBearish92%
4h Downside probability 92%Bearish

LITE 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $865.09 and stabilize above resistance $1,047.7.

Invalidation Trigger

Break above $1,047.7 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 42.6, MACD -3.867

4h
Volatility EnvironmentRange
Medium volatility

ATR is $39.42 (4.74%)

4h

EMA Structure

Bearish
EMA 8$846.08Bearish
EMA 21$865.09Bearish
EMA 50$882.94Bearish

Signals

CategoryReadStrength
Momentum
RSI 42.6 · MACD -3.867

Momentum is weak

Strength
Bearish
Volatility
ATR $39.42 · BB 16.79%

Medium volatility

Strength
Range
Volume
MFI 32.3 · OBV -11.98%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$776.92 - $1,047.7

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+30.61% · 6.5 ATR above latest close

$1,087.2
Nearest resistance

+25.87% · 5.5 ATR above · 34-bar high

$1,047.7
Current price

Price shown is delayed

$832.39
Nearest support

-6.66% · 1.4 ATR below · 34-bar low

$776.92
Deeper support zone

-11.4% · 2.4 ATR below latest close

$737.5
ATR zone

Latest close ± ATR14

$792.97 - $871.81

Indicators

Trend

Dow Theory Structure

Confirmation $776.92, invalidation $905.37

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

Trend strength is moderate

18.1 / 14.7 / 37.2Bearish
Supertrend (10,3)

Price is above Supertrend

$728.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$872.57 / $912.33Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Volatility

ATR (14)

Medium volatility

$39.42 (4.74%)Range
Bollinger Bands (20,2)

Width 16.79%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$937.81 / $790.21Range
ATR channel lower / upper

Current Volatility Envelope

$792.97 / $871.81Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,047.7Range
Support

Nearest Downside Decision Level

$776.92Range

Momentum

RSI (14)

Momentum is weak

42.6Bearish
MACD (12,26,9)

Histogram is negative

-3.867Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.3 / 15.0Bearish
Williams %R (14)

Oversold zone

-85.7Bullish
CCI (20)

Balanced zone

-91.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

32.3Bearish
OBV slope

20-period OBV slope

-11.98%Bearish
Volume ratio

Relative to 20-period average volume

0.64xBearish

Trend

Dow Theory Structure

Confirmation $776.92, invalidation $905.37

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

Trend strength is moderate

18.1 / 14.7 / 37.2Bearish
Supertrend (10,3)

Price is above Supertrend

$728.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$872.57 / $912.33Bearish
Donchian Channel (20)

20-period breakout channel position

11%Bearish

Momentum

RSI (14)

Momentum is weak

42.6Bearish
MACD (12,26,9)

Histogram is negative

-3.867Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

14.3 / 15.0Bearish
Williams %R (14)

Oversold zone

-85.7Bullish
CCI (20)

Balanced zone

-91.2Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$39.42 (4.74%)Range
Bollinger Bands (20,2)

Width 16.79%

21%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$937.81 / $790.21Range
ATR channel lower / upper

Current Volatility Envelope

$792.97 / $871.81Range

Volume / Money Flow

MFI (14)

Money flow is weak

32.3Bearish
OBV slope

20-period OBV slope

-11.98%Bearish
Volume ratio

Relative to 20-period average volume

0.64xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,047.7Range
Support

Nearest Downside Decision Level

$776.92Range

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