(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 2022-05-16 View latest technical analysis
10 day averaged volume of Lumax Tech is 16451
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 146.25 | 144.25 | 147.50 | 141.35 | 0.554 times |
| 13 Fri May 2022 | 145.95 | 150.30 | 153.45 | 143.05 | 0.553 times |
| 12 Thu May 2022 | 147.95 | 150.70 | 152.25 | 147.05 | 2.56 times |
| 11 Wed May 2022 | 154.20 | 164.80 | 164.80 | 150.30 | 1.633 times |
| 10 Tue May 2022 | 157.40 | 156.15 | 167.85 | 154.25 | 0.372 times |
| 09 Mon May 2022 | 163.75 | 164.80 | 166.25 | 162.25 | 1.092 times |
| 06 Fri May 2022 | 165.95 | 166.00 | 167.45 | 162.25 | 0.811 times |
| 05 Thu May 2022 | 168.80 | 168.00 | 174.95 | 165.55 | 0.723 times |
| 04 Wed May 2022 | 170.45 | 176.10 | 177.30 | 168.50 | 0.88 times |
| 02 Mon May 2022 | 174.75 | 180.00 | 182.55 | 172.00 | 0.787 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 142.2, for a target of 157.1 or 169.44
Share price targets for Lumax Tech (LumaxTech)
| Target Type | Value |
| Downside Target | 141.35 |
| Upside Target | 147.50 |
| Upside Target | 156.45 |
| Upside Target | 162.25 |
| Upside Target | 167.85 |
| Upside Target | 174.65 |
| Upside Target | 182.55 |
| 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 | 142.57 |
| Downside Intraday Target | 138.88 |
| Upside Intraday Target | 148.72 |
| Upside Intraday Target | 151.18 |
| Downside Intraday Target | 145.03 |
Weekly technical analysis of Lumax Tech (LumaxTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 146.25 | 144.25 | 147.50 | 141.35 | 0.089 times |
| 13 Fri May 2022 | 145.95 | 164.80 | 167.85 | 143.05 | 1.94 times |
| 06 Fri May 2022 | 165.95 | 180.00 | 182.55 | 162.25 | 0.784 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 |
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 |
| 16 Mon May 2022 | 146.25 | 180.00 | 182.55 | 141.35 | 0.732 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 | 9, 32, 56 | Sell |
| MACD | -12, -7 | Sell |
| Stochastics | 7 | Sell |
| CCI | -115 | Sell |
| RSI | 42 | Sell |
| OBV | -104362 | Sell |
| VWAP | 158 | Sell |
| ADL | 0 | Sell |
| ROC | -20 | Sell |
| Force Index | 0 | 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 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 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 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 SELL. Signal strength is Strong 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 weakening, and bulls are picking up momentum!
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 SELL signal for Lumax Tech in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Lumax Tech is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 157.93 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.
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