(LumaxInd) Lumax Ind complete technical analysis [charts+indicators] | Buy/Sell Lumax Ind | (LumaxInd) share price targets
Complete technical analysis of Lumax Ind (LumaxInd) by charts plus indicators, forecast predictions and share price targets for Lumax Ind (LumaxInd)
Showing technical analysis as on 2024-02-23 View latest technical analysis
10 day averaged volume of Lumax Ind is 859
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 2342.45 | 2400.15 | 2447.45 | 2306.85 | 1.76 times |
| 22 Thu Feb 2024 | 2388.40 | 2415.35 | 2424.40 | 2354.35 | 0.267 times |
| 21 Wed Feb 2024 | 2397.50 | 2429.90 | 2438.65 | 2380.00 | 1.598 times |
| 20 Tue Feb 2024 | 2429.90 | 2458.40 | 2500.00 | 2422.90 | 0.373 times |
| 19 Mon Feb 2024 | 2443.60 | 2359.90 | 2458.00 | 2359.90 | 1.265 times |
| 16 Fri Feb 2024 | 2359.90 | 2388.30 | 2452.95 | 2350.00 | 0.441 times |
| 15 Thu Feb 2024 | 2365.85 | 2288.25 | 2423.40 | 2288.25 | 1.572 times |
| 14 Wed Feb 2024 | 2302.20 | 2299.95 | 2332.00 | 2218.10 | 0.928 times |
| 13 Tue Feb 2024 | 2245.90 | 2379.95 | 2379.95 | 2176.65 | 0.403 times |
| 12 Mon Feb 2024 | 2257.65 | 2355.00 | 2384.75 | 2213.25 | 2.879 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 2329.1 as stoploss in an intra day buy trade for a target of 2397.61. However, stock will show a bearish move below 2329.1.
Share price targets for Lumax Ind (LumaxInd)
| Target Type | Value |
| Downside Target | 2020.05 |
| Downside Target | 2089.50 |
| Downside Target | 2176.65 |
| Downside Target | 2306.85 |
| Upside Target | 2434.95 |
| Upside Target | 2506.45 |
| Upside Target | 2506.95 |
| Upside Target | 2565.00 |
| Upside Target | 2793.85 |
| Upside Target | 2796.85 |
| Upside Target | 2815.45 |
Intraday share price targets for Lumax Ind (LumaxInd)
| Target Type | Value |
| Downside Intraday Target | 2266.2 |
| Downside Intraday Target | 2189.95 |
| Upside Intraday Target | 2459.35 |
| Upside Intraday Target | 2576.25 |
| Upside Intraday Target | 2383.1 |
Weekly technical analysis of Lumax Ind (LumaxInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 2342.45 | 2359.90 | 2500.00 | 2306.85 | 0.846 times |
| 16 Fri Feb 2024 | 2359.90 | 2355.00 | 2452.95 | 2176.65 | 1 times |
| 09 Fri Feb 2024 | 2398.20 | 2331.05 | 2565.00 | 2331.05 | 2.479 times |
| 02 Fri Feb 2024 | 2396.50 | 2020.05 | 2506.95 | 2020.05 | 1.657 times |
| 25 Thu Jan 2024 | 2448.85 | 2480.70 | 2506.45 | 2375.00 | 0.644 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 Lumax Ind (LumaxInd)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 2342.45 | 2445.80 | 2565.00 | 2176.65 | 1.537 times |
| 31 Wed Jan 2024 | 2456.95 | 2500.40 | 2815.45 | 2020.05 | 0.333 times |
| 29 Fri Dec 2023 | 2475.30 | 2751.90 | 2793.85 | 2355.05 | 1.615 times |
| 30 Thu Nov 2023 | 2752.00 | 2165.05 | 2796.85 | 2120.75 | 2.605 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Lumax Ind (LumaxInd)
Price action analysis of Lumax Ind ( (LumaxInd) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Lumax Ind ( (LumaxInd) ) based on a short 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 Lumax Ind ( (LumaxInd) ) 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 Lumax Ind ( (LumaxInd) ) 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 Lumax Ind stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Lumax Ind in short term but the buy signal is initial and weak.
Lumax Ind 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Lumax Ind in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Lumax Ind is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2341.14 and Lumax Ind (LumaxInd) 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 Lumax Ind (LumaxInd) stock. Volume based technical analysis of Lumax Ind (LumaxInd) stock is negative.
Lumax Ind 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 Lumax Ind ( (LumaxInd) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Lumax Ind ( (LumaxInd) ) based on a short 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 Lumax Ind ( (LumaxInd) ) 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 Lumax Ind ( (LumaxInd) ) 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 Lumax Ind stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Lumax Ind in short term but the buy signal is initial and weak.
Lumax Ind 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Lumax Ind in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Lumax Ind is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2341.14 and Lumax Ind (LumaxInd) 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 Lumax Ind (LumaxInd) stock. Volume based technical analysis of Lumax Ind (LumaxInd) stock is negative.
Lumax Ind 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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