Lumentum Holdings Inc

LITE remains in an advancing Stage 2 with medium-term bullish asymmetry supported by rising EMAs and key moving averages. Price is consolidating below resistance in the $900–927 range and currently pulling back into the 9/20 EMA support zone without signs of exhaustion, offering a favorable entry. A break below EMA support would invalidate the medium-term bullish bias.

• ↑Q4 FY26 revenue $1.01B (+109% YoY) and EPS $3.23 beat estimates by 8%.
• ↑Q1 FY27 revenue guidance of $1.225–$1.275B implies ~8% sequential growth.
• ↓Q4 had $7.8B convertible note charge, causing net loss and 6% dip.