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24.8% Return Seen to Date on SmarTrend Lumentum Hol Call (LITE)

By Shiri Gupta

SmarTrend identified an Uptrend for Lumentum Hol (NASDAQ:LITE) on May 8th, 2017 at $49.17. In approximately 2 months, Lumentum Hol has returned 24.78% as of today's recent price of $61.35.

Over the past year, Lumentum Hol has traded in a range of $22.04 to $67.30 and is now at $61.35, 178% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.4%.

Lumentum Holdings Inc. operates as a holding company. The Company, through its subsidiaries, supplies optical and photonic products. Lumentum Holdings serves customers worldwide.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Lumentum Hol shares.

Log in and add Lumentum Hol (LITE) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights lumentum hol

Ticker(s): LITE