What chart pattern is ChartPattern.io tracking on Lumentum?
ChartPattern.io is currently tracking Double Bottom on Lumentum in the Technology stock. Secondary context includes Falling Wedge.
Live Technology stock scanner page for Lumentum. Review the double bottom setup, chart structure, and trade levels in one place.
Market participants tracking Lumentum should note the latest formation. Currently at $866.18, the asset is showing upward momentum (5.88%). Our AI has detected a valid Double Bottom pattern. Volume is average (1.12x avg) with moderate trend strength (37.2). A potential breakout level is identified at $1143.0, targeting $1549.99 with support near $939.51 (R:R 2.0).
LITE is part of the Technology stock on ChartPattern.io. The scanner currently highlights Double Bottom as the leading setup, with an entry near $1143.00, a stop around $939.51, and a target near $1549.99.
Double Bottom
45/100 CP Index
Entry $1143.00 · Stop $939.51 · Target $1549.99
LITE is showing a classic Double Bottom. Don't miss the move.
Reversal pattern after a downtrend.
Reversal pattern. Price likely to break upwards.
What is your outlook on LITE?
These answers make the page easier to scan for traders, search engines, and LLMs looking for quick context on LITE.
ChartPattern.io is currently tracking Double Bottom on Lumentum in the Technology stock. Secondary context includes Falling Wedge.
The current trade plan points to an entry near $1143.00, a stop near $939.51, and a target near $1549.99.
Lumentum currently leans neutral. The page is showing a CP Index of 45/100, which helps summarize the current technical setup.