LITE

LumentumTechnology

$762.99-8.47%

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$762.99

MAYJUNJUL

Next Move for LITE

LITE is showing a classic Descending Triangle. Don't miss the move.

View on TradingView View on TrendSpider

Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:1.41

Entry

$650.82

Stop

$897.00

Target

$303.14

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Market Analysis

A clear signal has emerged for Lumentum (LITE) on the daily chart. Currently at $762.99, the asset is showing downward momentum (-8.47%). Our AI has detected a valid Descending Triangle pattern. This setup is supported by average volume turnover. A potential breakout level is identified at $650.82, targeting $303.14 with support near $897.0 (R:R 1.41).

Community Sentiment

What is your outlook on LITE?

Explore Related Markets

Peer Analysis

Keys Descending Triangle Msft Descending Triangle Adsk Bearish Flag Cdw Ascending Triangle Crm Bearish Flag

Pattern Peers

Keys Descending Triangle Lvs Descending Triangle Msft Descending Triangle Wmt Descending Triangle Amt Descending Triangle