(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)
10 day averaged volume of Lumax Ind is 253
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri Mar 2023 | 1703.75 | 1724.10 | 1724.10 | 1694.10 | 0.652 times |
| 23 Thu Mar 2023 | 1712.85 | 1689.00 | 1731.00 | 1689.00 | 0.747 times |
| 22 Wed Mar 2023 | 1711.00 | 1735.45 | 1740.00 | 1700.00 | 0.593 times |
| 21 Tue Mar 2023 | 1719.30 | 1725.00 | 1739.00 | 1715.10 | 1.051 times |
| 20 Mon Mar 2023 | 1699.70 | 1679.65 | 1719.85 | 1651.50 | 1.854 times |
| 17 Fri Mar 2023 | 1678.60 | 1686.05 | 1700.15 | 1677.60 | 0.34 times |
| 16 Thu Mar 2023 | 1686.35 | 1671.70 | 1694.30 | 1666.00 | 1.253 times |
| 15 Wed Mar 2023 | 1669.75 | 1666.40 | 1673.60 | 1666.25 | 0.364 times |
| 14 Tue Mar 2023 | 1666.35 | 1652.85 | 1680.05 | 1645.00 | 0.565 times |
| 13 Mon Mar 2023 | 1670.00 | 1678.85 | 1678.85 | 1661.30 | 1.751 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1700.3, but if it comes below 1700.3, then a intra day sell could be more profitable.
If you take a sell trade below 1700.3, then use 1700.3 as stoploss and 1682.35 as target. However if you take a buy trade in stock , then use 1700.3 as stoploss and 1721.8 as target.
Share price targets for Lumax Ind (LumaxInd)
| Target Type | Value |
| Downside Target | 1300.00 |
| Downside Target | 1578.60 |
| Downside Target | 1631.00 |
| Downside Target | 1700.15 |
| Upside Target | 1721.55 |
| Upside Target | 1740.00 |
| Upside Target | 1802.60 |
| Upside Target | 1827.95 |
| Upside Target | 1850.00 |
| Upside Target | 2017.55 |
| Upside Target | 2023.00 |
Intraday share price targets for Lumax Ind (LumaxInd)
| Target Type | Value |
| Downside Intraday Target | 1656.83 |
| Downside Intraday Target | 1609.92 |
| Upside Intraday Target | 1745.33 |
| Upside Intraday Target | 1786.92 |
| Downside Intraday Target | 1698.42 |
Weekly technical analysis of Lumax Ind (LumaxInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri Mar 2023 | 1703.75 | 1679.65 | 1740.00 | 1651.50 | 1.146 times |
| 17 Fri Mar 2023 | 1678.60 | 1678.85 | 1700.15 | 1645.00 | 0.624 times |
| 10 Fri Mar 2023 | 1677.75 | 1685.40 | 1721.55 | 1640.00 | 0.595 times |
| 03 Fri Mar 2023 | 1690.35 | 1705.65 | 1718.00 | 1643.65 | 1.653 times |
| 24 Fri Feb 2023 | 1658.55 | 1740.00 | 1827.95 | 1637.70 | 0.778 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 Lumax Ind (LumaxInd)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Fri Mar 2023 | 1703.75 | 1670.55 | 1740.00 | 1640.00 | 0.61 times |
| 28 Tue Feb 2023 | 1658.25 | 1701.05 | 1850.00 | 1632.05 | 0.671 times |
| 31 Tue Jan 2023 | 1687.60 | 1706.30 | 1802.60 | 1631.00 | 0.332 times |
| 30 Fri Dec 2022 | 1689.40 | 1961.45 | 2023.00 | 1578.60 | 0.523 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 Lumax Ind (LumaxInd)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 19, 17, 6 | Buy |
| MACD | -4, -12 | Buy |
| Stochastics | 68 | None |
| CCI | 55 | Sell |
| RSI | 53 | Buy |
| OBV | 1590 | Sell |
| VWAP | 1693 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 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 Lumax Ind ( (LumaxInd) ) based on a short to mid 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 Lumax Ind ( (LumaxInd) ) based on a mid to longer term time period is
ADX buy sell signal for Lumax Ind stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Lumax Ind 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.
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 in or above 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 1692.52 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 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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