(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 2024-02-28 View latest technical analysis
10 day averaged volume of Lumax Ind is 798
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 2333.25 | 2358.25 | 2374.20 | 2329.70 | 0.147 times |
| 27 Tue Feb 2024 | 2361.00 | 2375.05 | 2384.85 | 2353.50 | 0.679 times |
| 26 Mon Feb 2024 | 2374.50 | 2414.95 | 2414.95 | 2358.20 | 0.489 times |
| 23 Fri Feb 2024 | 2342.45 | 2400.15 | 2447.45 | 2306.85 | 1.895 times |
| 22 Thu Feb 2024 | 2388.40 | 2415.35 | 2424.40 | 2354.35 | 0.287 times |
| 21 Wed Feb 2024 | 2397.50 | 2429.90 | 2438.65 | 2380.00 | 1.721 times |
| 20 Tue Feb 2024 | 2429.90 | 2458.40 | 2500.00 | 2422.90 | 0.401 times |
| 19 Mon Feb 2024 | 2443.60 | 2359.90 | 2458.00 | 2359.90 | 1.362 times |
| 16 Fri Feb 2024 | 2359.90 | 2388.30 | 2452.95 | 2350.00 | 0.475 times |
| 15 Thu Feb 2024 | 2365.85 | 2288.25 | 2423.40 | 2288.25 | 1.692 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 2317.5 as stoploss in an intra day buy trade for a target of 2381.86. However, stock will show a bearish move below 2317.5.
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 | 2414.95 |
| Upside Target | 2500.00 |
| 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 | 2303.65 |
| Downside Intraday Target | 2274.05 |
| Upside Intraday Target | 2388.9 |
| Upside Intraday Target | 2444.55 |
| Upside Intraday Target | 2359.3 |
Weekly technical analysis of Lumax Ind (LumaxInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 2333.25 | 2414.95 | 2414.95 | 2329.70 | 0.232 times |
| 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 |
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 |
| 28 Wed Feb 2024 | 2333.25 | 2445.80 | 2565.00 | 2176.65 | 1.633 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 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 short 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 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 SELL signal for Lumax Ind in short term and the sell signal is strong.
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. Bears are getting stronger in this stock.
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 and SELL 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 Lumax Ind is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2381.32 and Lumax Ind (LumaxInd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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 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 short 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 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 SELL signal for Lumax Ind in short term and the sell signal is strong.
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. Bears are getting stronger in this stock.
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 and SELL 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 Lumax Ind is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2381.32 and Lumax Ind (LumaxInd) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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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