Lumentum stock fell 9.8%, with hourly signals still bearish

Lumentum stock has a neutral daily bias, but the hourly chart leaves the near-term balance tilted toward sellers. Price sits below the daily 20-session exponential average while remaining above the 50- and 200-session averages. Key takeaways Lumentum stock ended Monday’s session near $995.22 , down 9.8% , with daily RSI14 at 50.87 and daily MACD histogram at 2.85. Price is below the daily 20-session EMA at $1006.5 and above the 50- and 200-session EMAs at $940.31 and $752.23. Hourly RSI14 is 33.42, below the neutral 50, while the hourly MACD line at -25.56 stays below its signal at -14.2.

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