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LITE

daily
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UPTREND
Support
$880
Resistance
$980
LITE Lumentum Holdings Inc. daily candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — uptrend as of May 22, 2026
LITE Daily chart 2026-05-22 20:38:19 UTC
AI-generated analysis — not financial advice. For educational purposes only.

LITE Daily Technical Analysis Summary

As of May 22, 2026, LITE (Lumentum Holdings Inc.) is in a uptrend state on the daily chart, with a confidence level of 67%. Key support is at $880 and key resistance at $980. After a sharp pullback from the ~$1,040 spike, price ($946) is rebounding and holding above the fast MA cluster (EMA50/SMA50) while RSI (~53) reset to neutral.

Price Scenarios & Targets

bullish

Bullish continuation: pullback resolves as a Wave 4-style correction; price grinds higher, reclaims $980, then attempts the prior high zone.

Price Target
$1040
Path to target
First move
$980
Pullback
$920
Final target
$1040

bearish

Deeper correction: the bounce fails under $980 and price mean-reverts toward the EMA100/SMA100 area, forming a larger base before the next advance.

Price Target
$710
Path to target
First move
$880
Pullback
$950
Final target
$710

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Daily close back above $980 followed by a higher high over $1,040

✗ Invalidation

Daily close below $880 (break of recent swing support/failed reclaim)

Position Entry & Exit Levels

⊕ Add

Start $880 – $920
Add $800 – $845
Heavy $680 – $720

Start near prior breakout/structure support ($880-$920), add on EMA50/SMA50 confluence (~$844), heavy add at EMA100/SMA100 retest (~$708) if the trend stays intact on higher-timeframe MAs.

⊖ Derisk

Trim 1 $1040 – $1120
Trim 2 $1200 – $1350
Close $1500 – $1800

Trim into prior ATH/supply ($1,040+), trim more if a 1.272–1.618-style extension run develops ($1,200-$1,350), and fully exit only on extreme multi-year stretch far above rising long MAs ($1,500+).

Frequently Asked Questions

What is the daily technical outlook for LITE today?

As of May 22, 2026, LITE (Lumentum Holdings Inc.) is in a uptrend state on the daily chart with 67% confidence. After a sharp pullback from the ~$1,040 spike, price ($946) is rebounding and holding above the fast MA cluster (EMA50/SMA50) while RSI (~53) reset to neutral.

What are the daily support and resistance levels for LITE?

On the daily timeframe, LITE has key support at $880 and key resistance at $980. The most likely scenario (bullish) targets $980 and $1040, with a revert level at $920.

Is LITE in an uptrend or downtrend?

LITE (Lumentum Holdings Inc.) is currently classified as uptrend on the daily chart, with 67% confidence. Confirmation requires: Daily close back above $980 followed by a higher high over $1,040 This would be invalidated by: Daily close below $880 (break of recent swing support/failed reclaim)

What are the price targets for LITE?

The most likely scenario (bullish) targets $980 and $1040, with a revert level at $920. The alternative scenario (bearish) targets $880 and $710.

Other Timeframes for LITE
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