REPORTING FOR 2019-10-17 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how LITE has been trading over the last 2 weeks and the past day especially. On its latest session, Lumentum Holdings Inc. ($LITE) opened at 54.38, reaching a high of 54.605 and a low of 52.83 before closing at a price of 53.0. There was a total volume of 1050040.
VOLUME INDICATORS FOR LUMENTUM HOLDINGS INC. ($LITE): We saw an accumulation-distribution index of 837.62222, an on-balance volume of 54.4, chaikin money flow of 14.77778 and a force index of 0.0264. There was an ease of movement rating of 0.00925, a volume-price trend of 0.10001 and a negative volume index of 1000.0.
VOLATILITY INDICATORS FOR LUMENTUM HOLDINGS INC. ($LITE): We noted an average true range of 1.21575, bolinger bands of 53.80625, an upper bollinger band of 52.36375, lower bollinger band of 52.83, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 53.93833, high band keltner channel of 53.71333, low band keltner channel of 54.16333, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 52.83, a donchian channel low band of 52.83, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.
TREND INDICATORS FOR LUMENTUM HOLDINGS INC. ($LITE): We calculated a Moving Average Convergence Divergence (MACD) of 0.01144, a MACD signal of 0.00636, a MACD difference of 0.00509, a fast Exponential Moving Average (EMA) indicator of 52.83, a slow Exponential Moving Average (EMA) indicator of 52.83, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.4925, a trix of -2.15171, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -0.18012, a KST Oscillator (KST) of 3.42107 and a KST Oscillator (KST Signal) of 3.42107 (leaving a KST difference of 2.42166). We also found an Ichimoku rating of 54.4925, an Ichimoku B rating of 54.4925, a Ichimoku visual trend A of 54.74599, an Ichimoku visual trend B of 54.85924, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.
MOMENTUM INDICATORS FOR LUMENTUM HOLDINGS INC. ($LITE): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 10.41079, a stochastic oscillator of 788.88889, a stochastic oscillator signal of 788.88889, a Williams %R rating of 688.88889 and an awesome oscillator of -0.19358.
RETURNS FOR LUMENTUM HOLDINGS INC. ($LITE): There was a daily return of 0.34211, a daily log return of 0.96073 and a cumulative return of 0.96536.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-10-17 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Lumentum Holdings Inc. ($LITE)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Lumentum Holdings Inc. ($LITE) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.