Lumentum Holdings(LITE)

Lumentum Holdings (LITE) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for LITE · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$829.70last close · Jul 22, 202652-week range $97.55 – $1,085.68 · 23.58% below the high

Falling Wedge · playing out now

LITE is breaking down out of a falling wedge — these usually break higher, so a drop lower instead is a notably bearish turn.

As long as price stays below $998.5, it's in play — a daily close back above there calls it off.

The move's natural target sits near $595.1.

LITE Falling Wedge Pattern

LITE is currently forming a falling wedge on the daily timeframe. Detected Jul 22, 2026.

DirectionBearishTarget$595.07Projected move−25.0%Breakout level$802.41

New to this pattern? What a falling wedge is and how to trade it →

How Falling Wedges Have Performed

Win rate

56.4%

Avg return

+0.52R

Backtested trades

10,683

LITE win rate

20.0%

Historical pattern statistics (1987-01-30 – 2026-07-17), not a prediction.

How these backtests work →

LITE Pattern Trade History

Every completed pattern trade our nightly backtest found on LITE's daily chart, newest first — wins and losses alike.

Pattern	Entry	Exit	Outcome	Result
Rising Wedge	May 18, 2026 @ $943.02	Jun 29, 2026 @ $756.19	Win	+24.8% · +1.31R
Rising Wedge	Jan 5, 2026 @ $379.54	Feb 2, 2026 @ $423.42	Loss	+28.1% · -1.99R
Bullish Pennant	Oct 27, 2025 @ $193.63	Nov 13, 2025 @ $226.86	Win	+23.5% · +0.81R
Rising Wedge	Jun 18, 2025 @ $87.94	Aug 20, 2025 @ $115.89	Win	+45.3% · +1.65R
Triangle	Jan 17, 2025 @ $94.13	Jan 27, 2025 @ $74.17	Loss	+18.8% · -1.41R
Rising Wedge	Dec 18, 2024 @ $88.27	Jan 21, 2025 @ $97.45	Loss	+12.9% · -1.15R
Rising Wedge	Jul 2, 2024 @ $51.99	Jul 18, 2024 @ $55.50	Win	+14.4% · +0.73R
Triangle	Jun 10, 2024 @ $45.89	Jul 18, 2024 @ $55.50	Win	+19.5% · +2.60R
Bullish Pennant	Dec 8, 2023 @ $44.13	Jan 3, 2024 @ $49.95	Win	+18.9% · +1.89R
Rising Wedge	Jun 23, 2023 @ $55.18	Aug 16, 2023 @ $47.01	Win	+21.6% · +0.82R
Falling Wedge	Dec 28, 2022 @ $51.20	Apr 6, 2023 @ $46.33	Loss	+28.6% · -1.97R
Falling Wedge	Oct 20, 2022 @ $71.73	Nov 8, 2022 @ $59.00	Loss	+13.9% · -2.10R

Recent Falling Wedges on Other Charts

ALNYhit target +18.8%Jul 22, 2026 BAstopped −7.9%Jul 21, 2026 BDXhit target +2.8%Jul 21, 2026 HIIhit target +13.1%Jul 21, 2026

Learn about falling wedge

LITE Support and Resistance Levels

On the weekly chart, the nearest level worth watching is a floor below near $685.58 — where price has steadied before.

There's no clear ceiling close by yet, so this one line is the main thing to watch — a floor often acts like a cushion.
Watch how price behaves as it approaches $685.58 — that's where the next read tends to form.

LITE Recent Daily Prices

Date	Open	High	Low	Close
Jul 22, 2026	$810.22	$859.88	$809.01	$829.70
Jul 21, 2026	$811.50	$843.00	$799.81	$837.56
Jul 20, 2026	$764.13	$801.80	$763.00	$765.55
Jul 17, 2026	$678.47	$747.00	$650.82	$732.82
Jul 16, 2026	$731.39	$738.00	$693.00	$706.23
Jul 15, 2026	$813.95	$821.95	$716.40	$752.00
Jul 14, 2026	$816.26	$839.88	$796.01	$814.80
Jul 13, 2026	$778.38	$809.23	$761.53	$768.15
Jul 10, 2026	$769.55	$806.56	$761.62	$802.01
Jul 9, 2026	$755.16	$804.90	$751.90	$785.77

LITE Frequently Asked Questions

What chart pattern is LITE forming right now?

As of Jul 22, 2026, TradingPal's detector identifies a falling wedge on Lumentum Holdings (LITE) on the daily chart, with a measured-move target of $595.07.

Is a falling wedge bullish or bearish?

The falling wedge detected on LITE is a bearish pattern, projecting a measured-move target of $595.07. See its full backtested track record above — that's the real edge, not the textbook label.

How reliable is a falling wedge pattern, and what is its win rate?

Across TradingPal's backtest of the falling wedge family (10,683 trades over 628 symbols), it resolved in the expected direction 56.4% of the time with an average of +0.52R. These are historical statistics, not a prediction.

What is the price target if LITE's pattern breaks out?

The detected falling wedge has a geometry-based measured-move target of $595.07 (pattern height projected from the breakout). This is a technical target, not a recommendation.

What was LITE's closing price on Jul 22, 2026?

Lumentum Holdings (LITE) last closed at $829.70 on Jul 22, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.