(LakshmiElec) Lakshmi Elec complete technical analysis [charts+indicators] | Buy/Sell Lakshmi Elec | (LakshmiElec) share price targets
Complete technical analysis of Lakshmi Elec (LakshmiElec) by charts plus indicators, forecast predictions and share price targets for Lakshmi Elec (LakshmiElec)
Showing technical analysis as on 2024-02-08 View latest technical analysis
10 day averaged volume of Lakshmi Elec is 3310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 1477.70 | 1477.90 | 1523.80 | 1441.20 | 0.881 times |
| 07 Wed Feb 2024 | 1477.90 | 1490.00 | 1560.00 | 1462.80 | 2.063 times |
| 06 Tue Feb 2024 | 1476.75 | 1451.50 | 1492.00 | 1451.00 | 0.738 times |
| 05 Mon Feb 2024 | 1457.85 | 1467.00 | 1496.00 | 1445.20 | 0.432 times |
| 02 Fri Feb 2024 | 1465.75 | 1460.00 | 1486.00 | 1441.35 | 1.156 times |
| 01 Thu Feb 2024 | 1447.25 | 1456.15 | 1470.00 | 1442.00 | 0.573 times |
| 31 Wed Jan 2024 | 1468.40 | 1455.10 | 1484.00 | 1445.00 | 0.971 times |
| 30 Tue Jan 2024 | 1466.90 | 1520.00 | 1549.95 | 1454.25 | 1.954 times |
| 29 Mon Jan 2024 | 1508.50 | 1493.00 | 1524.40 | 1452.60 | 0.692 times |
| 25 Thu Jan 2024 | 1500.85 | 1524.00 | 1550.00 | 1486.10 | 0.665 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1428.1 or till 1363.8. Use a stoploss of 1481.61 and if the stock hits stoploss, then it can shoot up till 1535.15
Share price targets for Lakshmi Elec (LakshmiElec)
| Target Type | Value |
| Downside Target | 1379.00 |
| Downside Target | 1440.10 |
| Downside Target | 1472.10 |
| Upside Target | 1549.95 |
| Upside Target | 1560.00 |
| Upside Target | 1610.00 |
| Upside Target | 1614.00 |
| Upside Target | 1617.00 |
| Upside Target | 1690.00 |
| Upside Target | 2175.00 |
Intraday share price targets for Lakshmi Elec (LakshmiElec)
| Target Type | Value |
| Downside Intraday Target | 1425.93 |
| Downside Intraday Target | 1374.17 |
| Upside Intraday Target | 1544.73 |
| Upside Intraday Target | 1611.77 |
| Upside Intraday Target | 1492.97 |
Weekly technical analysis of Lakshmi Elec (LakshmiElec)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 1477.70 | 1467.00 | 1560.00 | 1441.20 | 0.769 times |
| 02 Fri Feb 2024 | 1465.75 | 1493.00 | 1549.95 | 1441.35 | 2.048 times |
| 25 Thu Jan 2024 | 1500.85 | 1591.00 | 1614.00 | 1472.10 | 0.387 times |
| 19 Fri Jan 2024 | 1601.00 | 1405.00 | 1617.00 | 1400.00 | 0.692 times |
| 12 Fri Jan 2024 | 1407.45 | 1485.55 | 1498.75 | 1379.00 | 1.933 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Lakshmi Elec (LakshmiElec)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Thu Feb 2024 | 1477.70 | 1456.15 | 1560.00 | 1441.20 | 0.21 times |
| 31 Wed Jan 2024 | 1468.40 | 1482.05 | 1617.00 | 1379.00 | 2.002 times |
| 29 Fri Dec 2023 | 1487.15 | 1572.05 | 1610.00 | 1440.10 | 0.799 times |
| 30 Thu Nov 2023 | 1593.75 | 1651.65 | 1690.00 | 1503.90 | 0.44 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Lakshmi Elec (LakshmiElec)
Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Lakshmi Elec stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Lakshmi Elec in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Lakshmi Elec Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Lakshmi Elec in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Lakshmi Elec is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1474.38 and Lakshmi Elec (LakshmiElec) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Lakshmi Elec (LakshmiElec) stock. Volume based technical analysis of Lakshmi Elec (LakshmiElec) stock is negative.
Lakshmi Elec Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Lakshmi Elec stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Lakshmi Elec in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Lakshmi Elec Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Lakshmi Elec in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Lakshmi Elec is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1474.38 and Lakshmi Elec (LakshmiElec) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Lakshmi Elec (LakshmiElec) stock. Volume based technical analysis of Lakshmi Elec (LakshmiElec) stock is negative.
Lakshmi Elec Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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