(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 2022-05-05 View latest technical analysis
10 day averaged volume of Lumax Tech is 13565
|Date||Daily Closing Price||Open||High||Low||Volume|
|05 Thu May 2022||168.80||168.00||174.95||165.55||0.876 times|
|04 Wed May 2022||170.45||176.10||177.30||168.50||1.067 times|
|02 Mon May 2022||174.75||180.00||182.55||172.00||0.954 times|
|29 Fri Apr 2022||183.50||187.00||188.00||180.40||0.714 times|
|28 Thu Apr 2022||181.15||179.95||183.25||177.95||0.841 times|
|27 Wed Apr 2022||179.50||174.75||181.70||174.75||1.64 times|
|26 Tue Apr 2022||177.20||173.00||179.50||173.00||0.787 times|
|25 Mon Apr 2022||172.45||177.50||178.95||167.95||0.968 times|
|22 Fri Apr 2022||180.45||175.80||183.80||175.80||1.148 times|
|21 Thu Apr 2022||181.50||180.80||183.45||180.45||0.311 times|
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 169.3, for a target of 174 or 177.88
Share price targets for Lumax Tech (LumaxTech)
Intraday share price targets for Lumax Tech (LumaxTech)
|Downside Intraday Target||162.05|
|Downside Intraday Target||155.3|
|Upside Intraday Target||179.05|
|Upside Intraday Target||189.3|
|Upside Intraday Target||172.3|
Weekly technical analysis of Lumax Tech (LumaxTech)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|05 Thu May 2022||168.80||180.00||182.55||165.55||0.585 times|
|29 Fri Apr 2022||183.50||177.50||188.00||167.95||0.999 times|
|22 Fri Apr 2022||180.45||184.65||198.90||174.65||2.074 times|
|13 Wed Apr 2022||182.25||181.00||186.00||174.50||0.628 times|
|08 Fri Apr 2022||177.50||172.95||184.30||171.20||0.907 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|
|05 Thu May 2022||168.80||180.00||182.55||165.55||0.176 times|
|29 Fri Apr 2022||183.50||169.05||198.90||167.95||1.072 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|
Scroll below to view daily charts
Indicators analysis of Lumax Tech (LumaxTech)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||19, 26, 15||Sell|
Price action analysis of Lumax Tech ( (LumaxTech) ) based on a short 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.
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 to mid 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.
Price action analysis of Lumax Tech ( (LumaxTech) ) based on a mid to longer 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.
ADX buy sell signal for Lumax Tech stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Lumax Tech in short term and the sell signal is strong.
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 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 176.68 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.