Price is deeply extended below the 50-SMA at 833.51, confirming a downtrend, but RSI(14) at 34.18 signals near-oversold conditions where selling pressure typically wanes. MACD at -38.76 vs signal -27.22 remains negative and below signal, so momentum has not yet turned — the setup is a mean-reversion attempt into a well-defined support, not a trend reversal. The 200-SMA at 595.67 is the pivot: holding it keeps the long thesis alive; losing it opens downside continuation given the negative MACD posture.
$LITE
LongLumentum · Watchlist · Technology
Technical snapshot
as of Jul 29, 2026Chart
Daily close with 50/200-day SMA and volume · Jul 29, 2026
Latest read
From the Jul 29, 2026 Playbook →Related events
- LITE earningsAug 11, 2026
LITE — frequently asked
- Is LITE above its 200-day moving average?
- Yes — Lumentum ($LITE) is trading 1.10% above its 200-day moving average (around 595.67), which reflects a long-term uptrend. (Educational only, not financial advice.)
- Is LITE overbought or oversold?
- LITE's 14-day RSI is 34, which is neutral. RSI above 70 is overbought, below 30 is oversold, and in between is neutral. (Educational only, not financial advice.)
- What is LITE's RSI?
- LITE's current 14-day RSI is 34 (neutral). (Educational only, not financial advice.)
- Is LITE in an uptrend or a downtrend?
- LITE's 50-day moving average (833.51) is above its 200-day (595.67), a bullish (golden-cross) structure. (Educational only, not financial advice.)
- What is the latest read on LITE?
- Our most recent Daily Playbook reads LITE as Long (#4 · Long · 602.35). (Educational only, not financial advice.)
Get LITE signals the moment they fire
Daily Playbook reads, real-time technical alerts, and human-vetted AI analysis across the market's leaders.
Educational only. Not financial advice. Technicals are end-of-day and may lag live prices.