(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 2022-04-12 View latest technical analysis
10 day averaged volume of Lumax Tech is 10738
|Date||Daily Closing Price||Open||High||Low||Volume|
|12 Tue Apr 2022||178.45||180.95||181.00||174.50||0.552 times|
|11 Mon Apr 2022||181.55||181.00||186.00||180.45||1.014 times|
|08 Fri Apr 2022||177.50||178.05||179.90||175.25||0.53 times|
|07 Thu Apr 2022||176.15||179.60||182.70||175.80||1.333 times|
|06 Wed Apr 2022||179.75||173.95||184.30||173.95||2.203 times|
|05 Tue Apr 2022||174.70||174.25||174.85||171.70||0.306 times|
|04 Mon Apr 2022||173.05||172.95||174.00||171.20||0.432 times|
|01 Fri Apr 2022||173.80||169.05||174.20||169.05||0.521 times|
|31 Thu Mar 2022||167.30||171.10||172.95||166.25||1.175 times|
|30 Wed Mar 2022||170.65||170.00||173.25||169.80||1.361 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 178.2, but if it comes below 178.2, then a intra day sell could be more profitable.
If you take a sell trade below 178.2, then use 178.2 as stoploss and 174.21 as target. However if you take a buy trade in stock , then use 178.2 as stoploss and 183 as target.
Share price targets for Lumax Tech (LumaxTech)
Intraday share price targets for Lumax Tech (LumaxTech)
|Downside Intraday Target||173.3|
|Downside Intraday Target||168.15|
|Upside Intraday Target||184.8|
|Upside Intraday Target||191.15|
|Upside Intraday Target||179.65|
Weekly technical analysis of Lumax Tech (LumaxTech)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|12 Tue Apr 2022||178.45||181.00||186.00||174.50||0.326 times|
|08 Fri Apr 2022||177.50||172.95||184.30||171.20||0.907 times|
|01 Fri Apr 2022||173.80||176.70||177.30||162.05||1.198 times|
|25 Fri Mar 2022||175.00||175.00||187.45||169.45||0.939 times|
|17 Thu Mar 2022||171.20||173.95||177.50||166.95||1.696 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|
|12 Tue Apr 2022||178.45||169.05||186.00||169.05||0.354 times|
|31 Thu Mar 2022||167.30||158.00||187.45||156.45||0.287 times|
|28 Mon Feb 2022||163.55||193.00||207.00||157.00||0.739 times|
|31 Mon Jan 2022||191.60||160.50||209.45||157.55||2.767 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||29, 19, 20||Buy|
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 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 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 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 losing 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 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 Tech in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 175.57 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.