Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
On July 1, 2024, Steven Cohen (Trades, Portfolio)'s firm added significantly to its stake in Lumentum Holdings Inc (NASDAQ:LITE), a key player in the optical and photonic products industry. This transaction not only reflects a substantial investment but also marks a notable increase in the firm's portfolio, with Lumentum now representing a 0.43% position.
Point72 expands its holding in optical components company
The Nasdaq Composite‘s rally has yet to abate, but there are still Nasdaq stocks to sell. The tech-heavy index has risen over 11% and is likely to edge upwards. Fueling the rally are two dynamics. On the one hand, the core consumer personal expenditures (PCE) index, which excludes volatile food and energy prices, increased only 0.3% on a month-to-month basis, a stark difference from the 0.5% month-over-month increase we witnessed in January. Recent macroeconomic data suggests inflation is coolin
Lumentum and MicroVision have been highlighted in this Industry Outlook article.
Cloud Light Technology, a maker of optical modules based out of the government-backed incubator Hong Kong Science and Technology Parks (HKSTP), anticipates a steady 50 per cent annual growth rate after its acquisition by a US company owing to the artificial intelligence (AI) boom that is boosting data centre demand. The 6-year-old start-up is a manufacturer of fibre-optic transceivers, a device used in data centres to transmit data over fibre optic cables. The company was acquired last November
The Zacks Laser Systems and Components industry participants like Lumentum Holdings (LITE) and MicroVision (MVIS) gain from solid demand for applications like Generative AI, autonomous driving, IoT, 5G and healthcare amid challenging macroeconomic conditions.
SAN JOSE, Calif., May 15, 2024--Lumentum Holdings Inc. ("Lumentum") today announced that company management is currently scheduled to participate in the following investor events:
Lumentum Holdings Inc. ( NASDAQ:LITE ) shareholders are probably feeling a little disappointed, since its shares fell...
Lowered spending by many telecom sector clients meant declines in key fundamentals for the company.
Lumentum Holdings Inc. (NASDAQ:LITE) Q3 2024 Earnings Call Transcript May 6, 2024 Lumentum Holdings Inc. beats earnings expectations. Reported EPS is $0.29, expectations were $0.26. Lumentum Holdings Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, everyone, and […]