(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 2022-05-17 View latest technical analysis
10 day averaged volume of Lumax Tech is 16394
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||154.90||149.25||155.75||146.40||0.307 times|
|16 Mon May 2022||146.25||144.25||147.50||141.35||0.556 times|
|13 Fri May 2022||145.95||150.30||153.45||143.05||0.555 times|
|12 Thu May 2022||147.95||150.70||152.25||147.05||2.569 times|
|11 Wed May 2022||154.20||164.80||164.80||150.30||1.639 times|
|10 Tue May 2022||157.40||156.15||167.85||154.25||0.373 times|
|09 Mon May 2022||163.75||164.80||166.25||162.25||1.095 times|
|06 Fri May 2022||165.95||166.00||167.45||162.25||0.814 times|
|05 Thu May 2022||168.80||168.00||174.95||165.55||0.725 times|
|04 Wed May 2022||170.45||176.10||177.30||168.50||0.883 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 155.7, but if it comes above 155.7, then a intra day buy could be more profitable.
If you take a sell trade below 155.7, then use 155.7 as stoploss and 140.5 as target. However if you take a buy trade in stock , then use 155.7 as stoploss and 168.33 as target.
Share price targets for Lumax Tech (LumaxTech)
Intraday share price targets for Lumax Tech (LumaxTech)
|Downside Intraday Target||145.58|
|Downside Intraday Target||136.27|
|Upside Intraday Target||159.98|
|Upside Intraday Target||165.07|
|Downside Intraday Target||150.67|
Weekly technical analysis of Lumax Tech (LumaxTech)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||154.90||144.25||155.75||141.35||0.139 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|
|17 Tue May 2022||154.90||180.00||182.55||141.35||0.755 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||17, 29, 25||Sell|
Price action analysis of Lumax Tech ( (LumaxTech) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 losing momentum.
MACD generated a SELL signal for Lumax Tech in short term and the sell 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 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 buy signal for Lumax Tech in short term but BUY 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
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 156.44 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.