Uptrend Under Pressure 100
Institutional selling is building — 8 distribution days in the last 25 sessions. Severe risk · 100/100 · 8 distribution days (SPY) Nov 04 Full briefing →
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LITE · Lumentum Holdings Inc.

$626.75 -7.85% Nov 04 close
Detected setup watchlist_candidate · Setup Score 0/100

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

1 independent risk warning also present. Review before relying on the bullish setup.

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$LITE

Lumentum Holdings Inc.

Lumentum Holdings Inc. is a large-cap Electrical Products company in the Producer Manufacturing sector with a market cap of $57B.

Producer Manufacturing Electrical Products stock Stage 1 · Basing Base 1
$626.75 latest close
Market Structure
Trend structure: range
Latest event: structure_shift (bullish)
Resistance 783.80–787.01 · 3 touches · moderate
Resistance 998.50–1002.00 · 3 touches · moderate
Momentum Turn Watch
Bollinger Lower-Band Support Price ($626.75) is holding just above the lower Bollinger band ($610.80; %B 3) — support at the bottom of the bands.
Early technical context only. Wait for price, volume, and the canonical setup trigger to confirm; this signal does not change readiness or the setup score.
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Historical record

No active setup in the latest scan — this page shows the last detection Legend AI made for $LITE. Every level, score and criterion below is computed from the Nov 04 close session (1 session old), and may no longer hold.

Historical verdict · setup score 0/100 · data Nov 04 close · 1 session old

Stand aside — setup invalidated

Setup score 0, but distribution days reach 5 or more — stand aside until the condition resets.

Review six verdicts Inspect chart
Recent price action · daily
$600$800$1,000AugSepOctNov$627

What would change this verdict

What needs to turn for this to become buyable — the top failing checks across the legend council:

  • Minervini 1.1 Price > 150-day MA AND 200-day MA — Price $626.75, MA150 $874.77, MA200 $806.01
  • Minervini 1.5 Price > 50-day MA — Price $626.75 vs MA50 $911.08
  • O'Neil C: Quarterly EPS acceleration ≥ 25%
  • O'Neil N: Near 52-week high or RS line new high — 45.2% below high | RS line new high: False
  • Weinstein Price above 30-week MA (200-day proxy) — Price $626.75 vs MA200 $806.01
  • Weinstein Not extended from 52-week high (≤ 30% below) — 45.2% below 52-week high
Minority view — the council disagrees here
  • Minervini: avoid Trend-template read: fails Price > 150-day MA AND 200-day MA.
  • O'Neil: avoid CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
  • Weinstein: watch Stage-analysis read: Stage 2 is present; 4 supporting checks need improvement.
67 Strong
Legend Score · rates the stock Strong (67/100) — held back by quality (smr-like)

Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.

  • Relative Strength (25%) 99
  • Trend Template (25%) 88
  • Institutional Footprint (20%) 39
  • EPS Growth (15%) 50
  • Quality (SMR-like) (15%) 31

RS rank 98: top 2% of all stocks — true leadership. Trend template 7/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 39: mild distribution — sellers active. No recent earnings growth data — scored neutral. Quality 31: weak fundamentals (sales growth 31). Updated 2026-10-29.

Earnings

Post-earnings setup

Next earnings Thursday, November 5, 2026 After market close Exact clock time not supplied by source

Deterministic evidence

LITE-7.85%
Sector proxy · XLI-1.09%
Broad market · SPY+1.65%
Same completed session window ending 2026-11-04. LITE was -6.76 points vs XLI. -9.50 points vs SPY.
CatalystUnavailable Stock reactionNegative Sector reactionWeak Opening surge— Event riskEarnings-driven

Session internals Mixed

Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.

Vs prior close-7.85% From the open-2.21% Range position54% GapHeld
QQQ confirmationDiverging (+0.97%) SMH confirmationConfirming (-2.75%)
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.

Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.

Price $626.75 -7.8% Nov 04 close
52W High $1143.00 20.0% below high
Wks Since High 3w
Base Depth 33.6% 47.6% today
RS Rank 98 percentile of scan
SMA 50 $911.08
Avg Vol 5,188,919
Rel Vol (Nov 04) 1.84× 0.37× on up days
More stats
52W Low $184.20
Tight Wks 0
Base B1
SMA 200 $806.01
RS Line vs High -18.7%
RS Line Slope -13.5% ▼
ADR% 8.0%
ATR(14) $76.26 (12.2%)
Vol Pace (live) N/A
A/D Days 14A / 10D
A/D Rating A
VDU Bars 0/10 d
Earnings TODAY
Position in 52-week range 46thpercentile of the 52-week range
$184.20low
$1143.00high

LITE Chart

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Technical Analysis Report Card

$LITE · $626.75 · as of 2026-11-04 · multi-factor read
27
/ 100
Technicals 27/100
Reference read from price & volume only — the verdict at the top of the page decides the action.

Trend · Daily / Weekly / Monthly

Daily ▼ Downtrend
Weekly ▬ Sideways / consolidating
Monthly ▼ Downtrend

Moving Averages

50-day$911.08 ↓
100-day$861.79 ↓
200-day$806.01 ↓
Bullish (50 > 200)

RSI (14)

Reading31.6 · Bearish

Bearish momentum — sellers in control.

MACD (12/26/9)

StateBearish
Histogram-23.275

Bearish — MACD below its signal line and below zero. Histogram contracting.

Bollinger Bands (20,2)

%B / Width3% · 57.1%

Near the lower band — under pressure or oversold.

Volume · Buyer vs Seller

Up/Down vol0.37 · Distribution
Rel volume1.84×
Pocket pivots · 10d0
5d vs 50d vol204%
Heavy vol up / down1 / 4

Distribution — volume is concentrated on down days; sellers dominate. Recent volume is expanding versus its baseline.

  • 4 heavy-volume down days vs 1 up in the last 20 sessions — supply is showing.

Support & Resistance

R · $897.00swing level
R · $925.50swing level
R · $970.32swing level
Price · $626.75now
S · $594.84swing level
S · $184.2052-week low

Fibonacci · Uptrend swing

23.6%$1013.63
38.2%$933.60
50.0%$868.92
61.8%$804.24
78.6%$712.15

Retracement support zones measured from the recent swing low up to the high.

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Daily downtrendMonthly downtrendBelow 200-day MA50/200 bullishVolume distributionRS 98 (leader)
Want this read in a legend's voice? Ask a Legend about LITE
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts 6 methodology checks

Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (0/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.

Council consensus: 5 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini Avoid D Trend-template read: fails Price > 150-day MA AND 200-day MA.
Passing evidence
1.2 150-day MA > 200-day MAMA150 $874.77 vs MA200 $806.01
1.4 50-day MA > 150-day MA AND 200-day MAMA50 $911.08, MA150 $874.77, MA200 $806.01
Failing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $626.75, MA150 $874.77, MA200 $806.01
1.5 Price > 50-day MAPrice $626.75 vs MA50 $911.08
6/11 checks
Method → Playbook → Ask →
O'Neil Avoid D CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
L: RS rank ≥ 80 (IBD leadership)RS rank 98
A: Annual earnings & revenue qualityRev +83.2%
Failing evidence
C: Quarterly EPS acceleration ≥ 25%Data unavailable
N: Near 52-week high or RS line new high45.2% below high | RS line new high: False
3/8 checks
Method → Playbook → Ask →
Weinstein Watch D Stage-analysis read: Stage 2 is present; 4 supporting checks need improvement.

mediumStage 2 uptrend in progress — hold as long as price stays above the 30-week moving average.

Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Relative strength ≥ 60RS 98
Failing evidence
Price above 30-week MA (200-day proxy)Price $626.75 vs MA200 $806.01
Not extended from 52-week high (≤ 30% below)45.2% below 52-week high
2/6 checks
Method → Playbook → Ask →
dennis Avoid C Turtle read: price broke below the 20-day channel. The long system has no signal here.
Passing evidence
Volatility-unit sizing (1N ≈ 1% of equity)1N = $75.52 (12.05% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Pyramid plan: adds at 0.5N, max 4 unitsAdd levels $664.51, $702.27, $740.03
Failing evidence
No breakdown below the 20-day channel20-day low $667.26
S1: 20-day Donchian breakoutNot confirmed
5/8 checks
Method → Playbook → Ask →
zanger Avoid C Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $720.76-$752.10; trail the rest
Trail on the 10/20-day MA10-day MA $785.85 · 20-day MA $854.58 — exit the remainder on a close below the trail
Failing evidence
Named Zanger pattern onlywatchlist_candidate is not one of Zanger's six
Not extended (≤5% above the breakout point)Data unavailable
4/6 checks
Method → Playbook → Ask →
zweig Watch D Zweig read: part of his screen passes but not all: Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
Price strength (RS ≥ 70)RS score 98 — Zweig buys strength, not bargains
Breadth momentum: 10-day A/D ratio10-day A/D 1.20 (2243 adv / 1865 dec) — participation expanding
Failing evidence
Insider buyingNo insider buying flagged
9-to-1 up/down volume daysNo 9-to-1 volume day in the last ~3 months — no thrust signal either way
3/8 checks
Method → Playbook → Ask →
Livermore Watch B Pivotal-point read: constructive evidence is present, but distance from 52-week high is unresolved.
Passing evidence
Price$626.75
Relative strengthRS 98
Failing evidence
Distance from 52-week high45.2% below high
Pivotal point cleared on expanding volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Darvas Watch B Box-theory read: constructive evidence is present, but distance from 52-week high is unresolved.
Passing evidence
Price$626.75
Relative strengthRS 98
Failing evidence
Distance from 52-week high45.2% below high
Box top broken on heavy volumeNot confirmed
4/6 checks
Method → Playbook → Ask →
Wyckoff Watch B Supply-and-demand read: constructive evidence is present, but distance from 52-week high is unresolved.
Passing evidence
Price$626.75
Relative strengthRS 98
Failing evidence
Distance from 52-week high45.2% below high
Sign of Strength confirmed on expanding volumePrice hasn't cleared the pivot yet — confirmation pending
4/6 checks
Method → Playbook → Ask →
Base & Breakout
Breakout follow-through

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

Unlock Base & Breakout Tracking
RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▼ Falling
238RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +0 A
A: 17 D: 17 Net: +065 sessions
Minervini · Grade Card
Fundamentals & leadership quality — Minervini’s published criteria · 2/7 met
C 2/7 criteria
Separate score from the Minervini Trend Template (5/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
✗ EPS acceleration ≥25% QoQ —
✓ Revenue growth ≥20% YoY +83%
✗ Gross margin ≥30% —
✗ ROE ≥17% —
✓ RS rating ≥80 (leadership) 98
✗ Stage 2 uptrend (Weinstein) Stage 1
✗ Within 25% of 52W high -45.2%

Method Playbook

Trade it like Darvas EXACT LEVELS · PRO
Darvas B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro level
Published-method rule: Use the top of the active Darvas box near the high as the mechanical breakout boundary.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require price to clear the box top with volume confirmation; movement inside the box remains observation, not a trigger.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Start below the active box support or the canonical structural stop that proves the breakout failed.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: As higher boxes form, raise the stop beneath the newest confirmed box floor; the stop moves up only.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit when price breaks the active box floor or decisively falls back through the breakout structure.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →

Pattern Analysis (historical)

watchlist_candidate
0 setup score
RS Score 98
Trend template 5/8
Why This Setup?
The Universal Edge Check · context only

What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.

2/7 universals met
  • Clear of earnings — not met in 0 days — event risk
  • Risk is defined — not met No stop — undefined risk
  • Asymmetric reward — partly met No target set
  • In a confirmed uptrend — partly met Stage 1 · Trend template 5/8 — not yet Stage 2
  • Not chasing (in range) — partly met Pivot distance unknown
  • A relative-strength leader — met RS rank 98
  • Volume confirms — met 1.3× average
Why these seven? → The Universal Edge

Minervini Trend Template

5/8

Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.

Price above SMA 150 & 200 $626.75 vs SMA150 $874.77 / SMA200 $806.01
SMA 150 above SMA 200 SMA150 $874.77 vs SMA200 $806.01
SMA 200 trending up Slope +48.77 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $911.08
Price above SMA 50 $626.75 vs SMA50 $911.08
30%+ above 52-week low +240.3% from $184.20
Within 25% of 52-week high -45.2% from $1143.00
RS score above 70 RS 98

Fundamentals

52W Range
46%
Mkt Cap SEC
56.8B
Rev YoY
+83%
EPS TTM
$-92.96
Float
91M
Insider
No Buy

Company

Company profile
Lumentum Holdings Inc.
LITE · NASDAQ · Producer Manufacturing · Electrical Products
Track all markets on TradingView

Scan History

Oct 12: 65 (Wyckoff SOS)Oct 13: 60 (Wyckoff SOS)Oct 14: 60 (Wyckoff SOS)Oct 29: 0 (watchlist_candidate)0
Oct 29
watchlist_candidate
0
Oct 14
Wyckoff SOS ✓ Gate
60 -30.1%
Oct 13
Wyckoff SOS ✓ Gate
60 -36.6%
Oct 12
Wyckoff SOS ✓ Gate
65 -37.0%

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