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(LumaxTech) Lumax Tech complete technical analysis [charts+indicators] | Buy/Sell Lumax Tech | (LumaxTech) share price targets

Complete technical analysis of Lumax Tech (LumaxTech) by charts plus indicators, forecast predictions and share price targets for Lumax Tech (LumaxTech)

Showing technical analysis as on 2021-09-20 View latest technical analysis

10 day averaged volume of Lumax Tech is 12625

Date Daily Closing Price Open High Low Volume
20 Mon Sep 2021 136.10 136.80 141.35 135.60 1.576 times
17 Fri Sep 2021 139.45 138.55 142.05 138.00 0.792 times
16 Thu Sep 2021 140.95 142.90 144.90 140.30 1.475 times
15 Wed Sep 2021 142.55 142.50 146.00 136.50 2.019 times
14 Tue Sep 2021 141.40 142.00 142.50 140.25 0.445 times
13 Mon Sep 2021 138.30 137.70 140.00 137.55 1.238 times
09 Thu Sep 2021 137.70 139.90 141.00 136.30 0.637 times
08 Wed Sep 2021 138.50 139.50 140.95 137.65 0.395 times
07 Tue Sep 2021 139.70 141.40 141.45 139.40 0.7 times
06 Mon Sep 2021 139.85 144.05 144.40 139.10 1.538 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 137.5, but if it comes above 137.5, then a intra day buy could be more profitable.
If you take a sell trade below 137.5, then use 137.5 as stoploss and 134.5 as target. However if you take a buy trade in stock , then use 137.5 as stoploss and 139.89 as target.

Share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Target 130.00
Downside Target 135.60
Upside Target 145.00
Upside Target 146.00
Upside Target 146.55
Upside Target 148.30
Upside Target 151.00
Upside Target 155.00
Upside Target 164.50
Upside Target 171.10
Upside Target 181.40

Intraday share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Intraday Target 134.02
Downside Intraday Target 131.93
Upside Intraday Target 139.77
Upside Intraday Target 143.43
Upside Intraday Target 137.68

Weekly technical analysis of Lumax Tech (LumaxTech)

Date Weekly Closing Price Open High Low Volume
20 Mon Sep 2021 136.10 136.80 141.35 135.60 0.264 times
17 Fri Sep 2021 139.45 137.70 146.00 136.50 1.825 times
09 Thu Sep 2021 137.70 144.05 144.40 136.30 0.63 times
03 Fri Sep 2021 142.60 141.45 148.30 139.00 0.771 times
27 Fri Aug 2021 139.00 140.00 145.00 131.35 2.705 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 Tech (LumaxTech)

Date Monthly Closing Price Open High Low Volume
20 Mon Sep 2021 136.10 141.30 146.55 135.60 0.575 times
31 Tue Aug 2021 143.10 168.00 171.10 131.35 0.396 times
30 Fri Jul 2021 168.10 155.15 181.40 151.00 1.605 times
30 Wed Jun 2021 152.45 147.00 164.50 142.45 2.069 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 Lumax Tech (LumaxTech)

Indicator Name Indicator Value Indicator Signal
ADX 10, 27, 47 Sell
MACD -7, -7Buy
Stochastics 28Sell
CCI -119Sell
RSI 55Buy
OBV -101759Sell
VWAP 140Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Lumax Tech ( (LumaxTech) ) 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 Tech ( (LumaxTech) ) 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 Tech ( (LumaxTech) ) based on a short to mid 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 Tech ( (LumaxTech) ) 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 Tech stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Lumax Tech in short term but the buy signal is initial and weak.

Lumax Tech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 Tech in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 Tech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 139.63 and Lumax Tech (LumaxTech) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Lumax Tech (LumaxTech) stock. Volume based technical analysis of Lumax Tech (LumaxTech) stock is negative.

Lumax Tech 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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