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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 16227

Date Daily Closing Price Open High Low Volume
28 Mon Nov 2022 272.05 263.05 273.45 263.05 1.166 times
25 Fri Nov 2022 264.35 257.00 268.20 251.90 1.564 times
24 Thu Nov 2022 254.90 260.05 260.05 254.50 1.105 times
23 Wed Nov 2022 258.30 255.95 262.85 255.95 1.263 times
22 Tue Nov 2022 253.80 246.35 256.30 246.35 0.584 times
21 Mon Nov 2022 250.75 252.70 253.95 246.70 0.519 times
18 Fri Nov 2022 251.25 247.10 252.50 246.70 0.719 times
17 Thu Nov 2022 247.35 249.30 251.05 244.95 0.432 times
16 Wed Nov 2022 248.20 249.05 251.85 247.60 1.362 times
15 Tue Nov 2022 248.15 250.45 250.45 245.60 1.168 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 268.5, for a target of 258 or 249.21

Share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Target 178.00
Downside Target 222.00
Downside Target 229.30
Downside Target 237.10
Downside Target 257.05
Downside Target 263.05
Downside Target 268.20
Upside Target 273.45
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 265.58
Downside Intraday Target 259.12
Upside Intraday Target 275.98
Upside Intraday Target 279.92
Downside Intraday Target 269.52

Weekly technical analysis of Lumax Tech (LumaxTech)

Date Weekly Closing Price Open High Low Volume
28 Mon Nov 2022 272.05 263.05 273.45 263.05 0.232 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
04 Fri Nov 2022 240.95 254.60 260.70 237.10 2.471 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
28 Mon Nov 2022 272.05 244.10 273.45 229.30 0.608 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
30 Tue Aug 2022 276.20 261.00 302.10 222.00 1.448 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 32, 10, 51 Buy
MACD 0, -4Buy
Stochastics 85Buy
CCI 175Buy
RSI 65Buy
OBV -21424Sell
VWAP 256Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

Price action analysis of Lumax Tech ( (LumaxTech) ) 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 Tech ( (LumaxTech) ) 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 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 256.25 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 negative.

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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