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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)

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)

Target Type Value
Downside Target 156.45
Downside Target 165.55
Upside Target 182.55
Upside Target 184.30
Upside Target 186.00
Upside Target 187.45
Upside Target 188.00
Upside Target 198.90
Upside Target 207.00
Upside Target 209.45

Intraday share price targets for Lumax Tech (LumaxTech)

Target Type Value
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

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 19, 26, 15 Sell
MACD -0, 2Sell
Stochastics 15Sell
CCI -135Sell
RSI 44Sell
OBV 20667Sell
VWAP 177Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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.

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

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Daily charts

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