(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 2022-05-26 View latest technical analysis
10 day averaged volume of Lumax Tech is 14811
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Thu May 2022 | 160.95 | 161.00 | 164.95 | 158.35 | 0.476 times |
| 25 Wed May 2022 | 159.60 | 169.95 | 169.95 | 158.00 | 0.418 times |
| 24 Tue May 2022 | 165.20 | 168.00 | 168.25 | 158.45 | 0.384 times |
| 23 Mon May 2022 | 166.10 | 163.00 | 169.25 | 163.00 | 0.878 times |
| 20 Fri May 2022 | 163.35 | 163.80 | 167.40 | 162.00 | 1.539 times |
| 19 Thu May 2022 | 160.50 | 160.00 | 163.05 | 155.50 | 0.947 times |
| 18 Wed May 2022 | 160.65 | 160.00 | 162.60 | 154.60 | 1.418 times |
| 17 Tue May 2022 | 154.90 | 149.25 | 155.75 | 146.40 | 0.34 times |
| 16 Mon May 2022 | 146.25 | 144.25 | 147.50 | 141.35 | 0.615 times |
| 13 Fri May 2022 | 145.95 | 150.30 | 153.45 | 143.05 | 0.615 times |
My analysis of stock is bearish for shortterm, and stock might move down till 152.6 or till 140.6. Use a stoploss of 162.57 and if the stock hits stoploss, then it can shoot up till 172.56
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 | 155.98 |
| Downside Intraday Target | 151.02 |
| Upside Intraday Target | 167.93 |
| Upside Intraday Target | 174.92 |
| Upside Intraday Target | 162.97 |
Weekly technical analysis of Lumax Tech (LumaxTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Thu May 2022 | 160.95 | 163.00 | 169.95 | 158.00 | 0.444 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 |
| 26 Thu May 2022 | 160.95 | 180.00 | 182.55 | 141.35 | 1.155 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 | 20, 19, 3 | Buy |
| MACD | -6, -7 | Buy |
| Stochastics | 73 | Buy |
| CCI | 36 | Sell |
| RSI | 48 | Sell |
| OBV | -59378 | Sell |
| VWAP | 159 | Buy |
| ADL | 0 | Sell |
| ROC | 9 | Buy |
| Force Index | 0 | Sell |
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 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 moving up
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 and selling is picking up 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 159.39 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.
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