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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 2022-05-25 View latest technical analysis

10 day averaged volume of Lumax Tech is 16878

Date Daily Closing Price Open High Low Volume
25 Wed May 2022 159.60 169.95 169.95 158.00 0.367 times
24 Tue May 2022 165.20 168.00 168.25 158.45 0.337 times
23 Mon May 2022 166.10 163.00 169.25 163.00 0.771 times
20 Fri May 2022 163.35 163.80 167.40 162.00 1.35 times
19 Thu May 2022 160.50 160.00 163.05 155.50 0.831 times
18 Wed May 2022 160.65 160.00 162.60 154.60 1.245 times
17 Tue May 2022 154.90 149.25 155.75 146.40 0.298 times
16 Mon May 2022 146.25 144.25 147.50 141.35 0.54 times
13 Fri May 2022 145.95 150.30 153.45 143.05 0.539 times
12 Thu May 2022 147.95 150.70 152.25 147.05 2.495 times

My analysis of stock is bearish for shortterm, and stock might move down till 152.9 or till 140.1. Use a stoploss of 163.5 and if the stock hits stoploss, then it can shoot up till 174.14

Share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Target 141.35
Downside Target 156.45
Upside Target 162.25
Upside Target 167.40
Upside Target 169.95
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 155.08
Downside Intraday Target 150.57
Upside Intraday Target 167.03
Upside Intraday Target 174.47
Upside Intraday Target 162.52

Weekly technical analysis of Lumax Tech (LumaxTech)

Date Weekly Closing Price Open High Low Volume
25 Wed May 2022 159.60 163.00 169.95 158.00 0.346 times
20 Fri May 2022 163.35 144.25 167.40 141.35 0.705 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

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
25 Wed May 2022 159.60 180.00 182.55 141.35 1.124 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 21, 20, 3 Buy
MACD -6, -7Buy
Stochastics 79Buy
CCI 54Sell
RSI 50Sell
OBV -55749Sell
VWAP 156Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

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 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

ADX buy sell signal for Lumax Tech stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Lumax Tech in short term but the buy signal is initial and weak.

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

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 156.06 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 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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