(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)
Intraday share price targets for Lumax Tech (LumaxTech)
|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|
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.