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Shares of LITE Up 33.0% Since Uptrend Call on Shares

By Nick Russo

SmarTrend identified an Uptrend for Lumentum Hol (NASDAQ:LITE) on October 28th, 2019 at $57.10. In approximately 3 months, Lumentum Hol has returned 33.02% as of today's recent price of $75.95.

Lumentum Hol share prices have moved between a 52-week high of $84.49 and a 52-week low of $40.28 and are now trading 89% above that low price at $75.95 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 1.8%.

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