LITE Stock Lumentum Holdings (LITE, $48.63) Stochastic Oscillator left the overbought zone on June 21, 2024

A.I.dvisor
at Tickeron.com
06/22/24
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LITE - Lumentum Holdings
Stochastic signal
Bearish Trend
Odds of DOWN Trend
Stochastic signal
Price: $48.63
Daily change: +$0.72 (+1.49%)
Daily volume: 784K
Capitalization: $3.3B
Industry: Telecommunications Equipment
This is a signal that LITE's price trend could be reversing, and it may be an opportunity to sell the stock or take a defensive position. A.I.dvisor identified 65 similar cases where LITE's stochastic oscillator exited the overbought zone, and of them led to successful outcomes. Odds of Success:
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General Information

a provider of optical and photonic products

Industry TelecommunicationsEquipment

Profile
Fundamentals
Details
Industry
Telecommunications Equipment
Address
1001 Ridder Park Drive
Phone
+1 408 546-5483
Employees
7500
Web
https://www.lumentum.com