(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 2024-05-18 View latest technical analysis
10 day averaged volume of Lakshmi Elec is 1470
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Sat May 2024 | 1677.20 | 1675.00 | 1725.65 | 1654.50 | 0.385 times |
| 17 Fri May 2024 | 1643.55 | 1636.10 | 1659.00 | 1630.00 | 0.982 times |
| 16 Thu May 2024 | 1650.85 | 1658.00 | 1659.90 | 1625.40 | 0.836 times |
| 15 Wed May 2024 | 1633.65 | 1645.00 | 1679.90 | 1622.80 | 1.275 times |
| 14 Tue May 2024 | 1644.15 | 1650.00 | 1666.00 | 1633.65 | 0.468 times |
| 13 Mon May 2024 | 1639.40 | 1677.60 | 1693.80 | 1600.00 | 2.047 times |
| 10 Fri May 2024 | 1694.20 | 1696.35 | 1719.40 | 1650.00 | 0.699 times |
| 09 Thu May 2024 | 1644.70 | 1706.00 | 1729.95 | 1626.00 | 1.333 times |
| 08 Wed May 2024 | 1713.60 | 1695.00 | 1747.90 | 1679.00 | 0.629 times |
| 07 Tue May 2024 | 1712.55 | 1718.25 | 1743.80 | 1664.20 | 0.93 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1654.9 as stoploss in an intra day buy trade for a target of 1734.61. However, stock will show a bearish move below 1654.9.
Share price targets for Lakshmi Elec (LakshmiElec)
| Target Type | Value |
| Downside Target | 1165.55 |
| Downside Target | 1220.00 |
| Downside Target | 1379.00 |
| Downside Target | 1560.00 |
| Upside Target | 1721.00 |
| Upside Target | 1759.45 |
| Upside Target | 1780.00 |
| Upside Target | 1856.00 |
| Upside Target | 1908.75 |
| Upside Target | 1921.00 |
| Upside Target | 1934.00 |
Intraday share price targets for Lakshmi Elec (LakshmiElec)
| Target Type | Value |
| Downside Intraday Target | 1609.58 |
| Downside Intraday Target | 1541.97 |
| Upside Intraday Target | 1735.23 |
| Upside Intraday Target | 1793.27 |
| Downside Intraday Target | 1667.62 |
Weekly technical analysis of Lakshmi Elec (LakshmiElec)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Sat May 2024 | 1677.20 | 1677.60 | 1725.65 | 1600.00 | 1.365 times |
| 10 Fri May 2024 | 1694.20 | 1716.80 | 1759.45 | 1626.00 | 0.827 times |
| 03 Fri May 2024 | 1732.20 | 1934.00 | 1934.00 | 1725.50 | 0.933 times |
| 26 Fri Apr 2024 | 1871.35 | 1780.00 | 1908.75 | 1780.00 | 1.041 times |
| 19 Fri Apr 2024 | 1782.05 | 1765.00 | 1921.00 | 1721.00 | 0.889 times |
Price has moved down 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 |
| 18 Sat May 2024 | 1677.20 | 1833.00 | 1856.00 | 1600.00 | 0.394 times |
| 30 Tue Apr 2024 | 1840.00 | 1585.60 | 1934.00 | 1585.60 | 0.597 times |
| 28 Thu Mar 2024 | 1613.80 | 1315.30 | 1640.95 | 1220.00 | 0.775 times |
| 29 Thu Feb 2024 | 1324.55 | 1456.15 | 1560.00 | 1165.55 | 1.185 times |
Scroll below to view daily charts
Price has moved down 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a short to mid 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.
Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a mid to longer 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.
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 SELL signal for Lakshmi Elec in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up
CCI has generated a buy signal for Lakshmi Elec in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Lakshmi Elec is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1658.51 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a short to mid 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.
Price action analysis of Lakshmi Elec ( (LakshmiElec) ) based on a mid to longer 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.
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 SELL signal for Lakshmi Elec in short term but the sell 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up
CCI has generated a buy signal for Lakshmi Elec in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Lakshmi Elec is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1658.51 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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