Auto-detected technical analysis for LITE · data as of Aug 4, 2026. The chart above is live; the read below updates daily.
LITE is breaking down from a symmetrical triangle — a sign the recent run may be rolling over.
On this chart, setups like it have followed through about 64% of the time.
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 $577.8.
LITE is currently forming a triangle on the daily timeframe. Detected Aug 4, 2026.
New to this pattern? What a triangle is and how to trade it →
Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.
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 @ $928.01 | Jul 2, 2026 @ $712.22 | Win | +1.37R |
| Bullish Pennant | Mar 17, 2026 @ $669.32 | Apr 15, 2026 @ $824.01 | Win | +1.62R |
| Rising Wedge | Jan 5, 2026 @ $379.54 | Feb 2, 2026 @ $423.42 | Loss | -1.99R |
| Bullish Pennant | Oct 23, 2025 @ $169.12 | Nov 4, 2025 @ $188.36 | Win | +1.16R |
| Rising Wedge | Jun 18, 2025 @ $87.94 | Aug 20, 2025 @ $115.89 | Win | +1.65R |
| Triangle | Jan 17, 2025 @ $94.13 | Jan 27, 2025 @ $74.17 | Loss | -1.41R |
| Rising Wedge | Oct 24, 2024 @ $65.11 | Nov 6, 2024 @ $71.97 | Loss | -1.15R |
| Triangle | Sep 17, 2024 @ $58.42 | Nov 20, 2024 @ $82.47 | Win | +2.96R |
| Rising Wedge | Jul 2, 2024 @ $51.99 | Jul 18, 2024 @ $55.50 | Win | +0.73R |
| Triangle | Jun 10, 2024 @ $45.89 | Jul 18, 2024 @ $55.50 | Win | +2.60R |
| Falling Wedge | Mar 21, 2024 @ $49.59 | Apr 12, 2024 @ $43.45 | Loss | -1.37R |
| Triangle | Mar 11, 2024 @ $47.29 | Jul 2, 2024 @ $53.94 | Loss | -1.13R |
On the weekly chart, the nearest level worth watching is a floor below near $692.43 — where price has steadied before.
Nearest auto-detected support sits near $692.43, resistance near $1,047.73. These are chart/swing-derived levels, not formula pivots.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Aug 4, 2026 | $852.36 | $868.32 | $813.26 | $849.47 |
| Aug 3, 2026 | $685.64 | $785.34 | $671.00 | $779.89 |
| Jul 31, 2026 | $748.00 | $772.60 | $691.10 | $713.94 |
| Jul 30, 2026 | $661.91 | $698.28 | $650.00 | $693.24 |
| Jul 29, 2026 | $655.21 | $655.21 | $594.84 | $602.35 |
| Jul 28, 2026 | $677.55 | $678.99 | $602.28 | $651.93 |
| Jul 27, 2026 | $767.85 | $770.30 | $697.88 | $711.96 |
| Jul 24, 2026 | $810.50 | $831.21 | $755.03 | $762.99 |
| Jul 23, 2026 | $841.00 | $897.00 | $824.01 | $833.64 |
| Jul 22, 2026 | $810.22 | $859.88 | $809.01 | $829.70 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.