(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 2022-05-27 View latest technical analysis
10 day averaged volume of Lumax Tech is 11303
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 166.65 | 164.00 | 167.00 | 159.45 | 0.876 times |
| 26 Thu May 2022 | 160.95 | 161.00 | 164.95 | 158.35 | 0.623 times |
| 25 Wed May 2022 | 159.60 | 169.95 | 169.95 | 158.00 | 0.548 times |
| 24 Tue May 2022 | 165.20 | 168.00 | 168.25 | 158.45 | 0.504 times |
| 23 Mon May 2022 | 166.10 | 163.00 | 169.25 | 163.00 | 1.151 times |
| 20 Fri May 2022 | 163.35 | 163.80 | 167.40 | 162.00 | 2.017 times |
| 19 Thu May 2022 | 160.50 | 160.00 | 163.05 | 155.50 | 1.242 times |
| 18 Wed May 2022 | 160.65 | 160.00 | 162.60 | 154.60 | 1.859 times |
| 17 Tue May 2022 | 154.90 | 149.25 | 155.75 | 146.40 | 0.446 times |
| 16 Mon May 2022 | 146.25 | 144.25 | 147.50 | 141.35 | 0.807 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 170.9 as stoploss in an intra day sell trade for a target of 161.84. However, stock will show a bullish move above 170.9.
Share price targets for Lumax Tech (LumaxTech)
| Target Type | Value |
| Downside Target | 141.35 |
| Downside Target | 156.45 |
| Downside 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 | 159.78 |
| Downside Intraday Target | 152.92 |
| Upside Intraday Target | 171.73 |
| Upside Intraday Target | 176.82 |
| Downside Intraday Target | 164.87 |
Weekly technical analysis of Lumax Tech (LumaxTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri May 2022 | 166.65 | 163.00 | 169.95 | 158.00 | 0.581 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 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 |
| 27 Fri May 2022 | 166.65 | 180.00 | 182.55 | 141.35 | 1.2 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, 17, 9 | Buy |
| MACD | -5, -6 | Buy |
| Stochastics | 74 | Buy |
| CCI | 64 | Buy |
| RSI | 50 | Buy |
| OBV | -71719 | Sell |
| VWAP | 161 | Buy |
| ADL | 0 | Sell |
| ROC | 14 | Buy |
| 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 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 to mid 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 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 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 stronger in this stock.
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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 161.1 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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