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Lumentum Hol Has Returned 33.1% Since SmarTrend Recommendation (LITE)

By David Diaz

SmarTrend identified an Uptrend for Lumentum Hol (NASDAQ:LITE) on February 7th, 2018 at $54.08. In approximately 1 month, Lumentum Hol has returned 33.15% as of today's recent price of $72.00.

In the past 52 weeks, Lumentum Hol share prices have been bracketed by a low of $22.04 and a high of $74.40 and are now at $72.00, 227% above that low price. 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