Lumentum Holdings (LITE, $65.69) price may climb as it broke lower Bollinger Band on Mar 03, 2025

#TelecommunicationsEquipment, #TechnicalAnalysis, #Bollinger, #Bullish, #Stocks, #MidCap
LITE - Lumentum Holdings
Bollinger signal
Bullish Trend
74%
Odds of UP Trend
Price: $65.69
Daily change: -$4.64 (-6.6%)
Daily volume: 2.9M
Industry: Telecommunications Equipment

This price move could be a signal that LITE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. A.I.dvisor backtested 50 similar cases where LITE's price broke its lower Bollinger Band, and 37 of them led to a successful outcome. Odds of Success: 74%.