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LITE

monthly
Daily Weekly Monthly
PARABOLIC
Support
$720
Resistance
$960
LITE Lumentum Holdings Inc. monthly candlestick chart with 50-day and 200-day moving averages, EMA crossovers, and RSI momentum indicator — parabolic as of May 22, 2026
LITE Monthly chart 2026-05-22 20:22:56 UTC
AI-generated analysis — not financial advice. For educational purposes only.

LITE Monthly Technical Analysis Summary

As of May 22, 2026, LITE (Lumentum Holdings Inc.) is in a parabolic state on the monthly chart, with a confidence level of 82%. Key support is at $720 and key resistance at $960. Monthly price is in a near-vertical advance to ~$946 with expanding volume; RSI-14 ~97.6 (extremely overbought) and price massively extended above EMA50/EMA100 and SMAs.

Price Scenarios & Targets

bearish

Cooling/consolidation after blow-off: price chops or pulls back toward the breakout area, then attempts a re-advance if buyers defend prior highs (typical wave-4 style pause within an impulsive Elliott advance). Rough probability: ~60%.

Price Target
$560
Path to target
First move
$720
Pullback
$840
Final target
$560

bullish

Extension/blow-off continuation: brief shallow dip gets bought and price pushes to a new peak before a larger mean-reversion (late wave-5 extension risk). Rough probability: ~40%.

Price Target
$1200
Path to target
First move
$1040
Pullback
$880
Final target
$1200

Key Triggers

Confirmation & Invalidation

✓ Confirmation

Sustained strength is confirmed with a monthly close above $960 (holding above prior highs).

✗ Invalidation

Parabolic state is invalidated if a monthly close falls below $720 (breaks the most recent obvious swing low/support zone).

Position Entry & Exit Levels

⊕ Add

Start $560 – $620
Add $480 – $560
Heavy $360 – $420

Prefer staging buys only on mean-reversion: $560-$620 aligns with likely wave-4/backtest area; deeper adds at $480-$560; heavy add near $360-$420 (closer to rising medium-term MAs/major breakout shelf).

⊖ Derisk

Trim 1 $960 – $1040
Trim 2 $1040 – $1200
Close $1200 – $1400

With monthly RSI extreme and price far above EMA50/EMA100, trims are favored into $960-$1040 and more into $1040-$1200; consider full exit planning on a euphoric extension toward $1200-$1400.

Frequently Asked Questions

What is the monthly technical outlook for LITE today?

As of May 22, 2026, LITE (Lumentum Holdings Inc.) is in a parabolic state on the monthly chart with 82% confidence. Monthly price is in a near-vertical advance to ~$946 with expanding volume; RSI-14 ~97.6 (extremely overbought) and price massively extended above EMA50/EMA100 and SMAs.

What are the monthly support and resistance levels for LITE?

On the monthly timeframe, LITE has key support at $720 and key resistance at $960. The most likely scenario (bearish) targets $720 and $560, with a revert level at $840.

Is LITE in an uptrend or downtrend?

LITE (Lumentum Holdings Inc.) is currently classified as parabolic on the monthly chart, with 82% confidence. Confirmation requires: Sustained strength is confirmed with a monthly close above $960 (holding above prior highs). This would be invalidated by: Parabolic state is invalidated if a monthly close falls below $720 (breaks the most recent obvious swing low/support zone).

What are the price targets for LITE?

The most likely scenario (bearish) targets $720 and $560, with a revert level at $840. The alternative scenario (bullish) targets $1040 and $1200.

Other Timeframes for LITE
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