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Is LITE signaling selling opportunity? Directional Movement Crossover Bearish shows up after tumbling 6.63%

Lumentum Holdings Inc. (LITE) — Daily Technical Analysis & Swing Trading Signals · Jul 1, 2026, 17:39 ET
LITE closed down 6.63% on Wednesday, July 1st, with volume running 0.7× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 776.35, 751.55 & 719.09, with resistance at 833.61, 866.07 & 890.87.

Current SwingTradeBot Technical Rating of LITE: C

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Lumentum Holdings Inc. (LITE)