Auto-detected technical analysis for LITE · data as of Jun 25, 2026. The chart above is live; the read below updates daily.
$861.97last close · Jun 25, 2026
LITE Bearish Pennant Pattern
No chart pattern is currently detected on LITE. The most recent was a Bearish Pennant, detected Jun 18, 2026.
A Bearish Pennant is a breakdown that suggests the recent run may be rolling over. It projects a measured-move target near $571.68 (−32.9%). Across 11,004 backtested bearish pennants, the setup followed through 44.1% of the time, averaging +0.15R; LITE's own bearish pennants have hit 75.0%.
LITE is in an open Rising Wedge setup — it broke down near $884.98, projecting a target near $690.62, with invalidation at $1,085.68.
How Bearish Pennants have performed
Win rate
44.1%
Avg return
+0.15R
Backtested trades
11,004
LITE win rate
75.0%
Historical pattern statistics (1986-12-12 – 2026-06-12), not a prediction.
LITE support and resistance levels
Nothing notable near price right now — the chart is quiet on the weekly view, and that's perfectly normal.
Much of the time charts simply drift between levels; the best reads are worth waiting for.
Keep an eye out for price approaching a floor (where it tends to steady) or a ceiling (where it tends to stall) — that's usually where the next readable move begins.
Nearest auto-detected resistance near $922.46. These are chart/swing-derived levels, not formula pivots.
Resistance
$922.46$1,049.24
LITE recent daily prices
Date
Open
High
Low
Close
Jun 25, 2026
$887.25
$899.53
$810.24
$861.97
Jun 24, 2026
$825.00
$866.43
$803.24
$842.53
Jun 23, 2026
$832.15
$856.60
$812.80
$827.92
Jun 22, 2026
$852.52
$906.18
$829.00
$893.93
Jun 18, 2026
$881.98
$888.54
$831.17
$850.00
Jun 17, 2026
$879.08
$891.55
$853.78
$869.98
Jun 16, 2026
$958.48
$961.68
$863.41
$875.36
Jun 15, 2026
$965.98
$998.50
$923.95
$957.24
Jun 12, 2026
$889.43
$934.26
$863.00
$921.56
Jun 11, 2026
$863.00
$890.80
$840.52
$889.59
LITE frequently asked questions
What chart pattern is LITE forming right now?
No pattern is currently detected on LITE. The most recent was a Bearish Pennant, detected Jun 18, 2026.
Is a Bearish Pennant bullish or bearish?
The Bearish Pennant detected on LITE is a bearish pattern, projecting a measured-move target of $571.68. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a Bearish Pennant pattern, and what is its win rate?
Across TradingPal's backtest of the Bearish Pennant family (11,004 trades over 516 symbols), it resolved in the expected direction 44.1% of the time with an average of +0.15R. These are historical statistics, not a prediction.
What are the support and resistance levels for LITE?
Based on auto-detected, swing-derived levels (as of Jun 25, 2026), LITE's nearest support is around n/a and nearest resistance around $922.46.
What is the price target if LITE's pattern breaks out?
The detected Bearish Pennant has a geometry-based measured-move target of $571.68 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was LITE's closing price on Jun 25, 2026?
Lumentum Holdings (LITE) last closed at $861.97 on Jun 25, 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.
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