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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)

10 day averaged volume of Lumax Tech is 15747

Date Daily Closing Price Open High Low Volume
05 Mon Dec 2022 267.35 265.00 271.15 265.00 0.505 times
02 Fri Dec 2022 263.50 265.00 268.75 261.75 0.567 times
01 Thu Dec 2022 261.80 265.50 265.50 259.00 0.599 times
30 Wed Nov 2022 262.25 265.00 266.40 260.50 0.822 times
29 Tue Nov 2022 261.95 273.05 274.85 261.10 1.622 times
28 Mon Nov 2022 272.05 263.05 273.45 263.05 1.201 times
25 Fri Nov 2022 264.35 257.00 268.20 251.90 1.612 times
24 Thu Nov 2022 254.90 260.05 260.05 254.50 1.138 times
23 Wed Nov 2022 258.30 255.95 262.85 255.95 1.301 times
22 Tue Nov 2022 253.80 246.35 256.30 246.35 0.602 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 263.9, but if it comes below 263.9, then a intra day sell could be more profitable.
If you take a sell trade below 263.9, then use 263.9 as stoploss and 253.99 as target. However if you take a buy trade in stock , then use 263.9 as stoploss and 275.7 as target.

Share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Target 222.00
Downside Target 229.30
Downside Target 240.75
Downside Target 257.05
Downside Target 265.00
Upside Target 271.15
Upside Target 274.85
Upside Target 294.90
Upside Target 302.10
Upside Target 312.00

Intraday share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Intraday Target 264.52
Downside Intraday Target 261.68
Upside Intraday Target 270.67
Upside Intraday Target 273.98
Upside Intraday Target 267.83

Weekly technical analysis of Lumax Tech (LumaxTech)

Date Weekly Closing Price Open High Low Volume
05 Mon Dec 2022 267.35 265.00 271.15 265.00 0.105 times
02 Fri Dec 2022 263.50 263.05 274.85 259.00 0.927 times
25 Fri Nov 2022 264.35 252.70 268.20 246.35 1.014 times
18 Fri Nov 2022 251.25 258.00 259.00 244.25 0.9 times
11 Fri Nov 2022 251.75 241.75 257.05 229.30 0.634 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 Tech (LumaxTech)

Date Monthly Closing Price Open High Low Volume
05 Mon Dec 2022 267.35 265.50 271.15 259.00 0.061 times
30 Wed Nov 2022 262.25 244.10 274.85 229.30 0.667 times
31 Mon Oct 2022 245.85 280.50 294.90 240.75 0.357 times
30 Fri Sep 2022 280.55 278.70 312.00 247.20 1.857 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 Tech (LumaxTech)

Indicator Name Indicator Value Indicator Signal
ADX 27, 10, 46 Buy
MACD 3, 1Buy
Stochastics 63None
CCI 94Buy
RSI 58Buy
OBV 32738Sell
VWAP 262Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Lumax Tech ( (LumaxTech) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Lumax Tech 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Lumax Tech in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 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 262.16 and Lumax Tech (LumaxTech) 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 Tech (LumaxTech) stock. Volume based technical analysis of Lumax Tech (LumaxTech) stock is negative.

Lumax Tech Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Lumax Tech charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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