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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)

10 day averaged volume of Lumax Tech is 3849

Date Daily Closing Price Open High Low Volume
03 Fri Feb 2023 226.05 224.80 234.50 223.40 0.548 times
02 Thu Feb 2023 229.95 227.45 234.35 226.50 0.541 times
01 Wed Feb 2023 226.25 228.10 233.80 225.10 0.847 times
31 Tue Jan 2023 224.80 223.00 227.70 222.35 0.213 times
30 Mon Jan 2023 220.75 231.75 231.75 217.65 1.744 times
27 Fri Jan 2023 227.65 227.85 229.85 220.00 1.199 times
25 Wed Jan 2023 225.55 234.10 234.40 223.40 0.571 times
24 Tue Jan 2023 230.10 225.50 234.10 225.50 3.078 times
23 Mon Jan 2023 231.35 235.45 238.25 230.55 0.823 times
20 Fri Jan 2023 234.30 233.85 235.00 230.65 0.585 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 226.1, but if it comes above 226.1, then a intra day buy could be more profitable.
If you take a sell trade below 226.1, then use 226.1 as stoploss and 221.3 as target. However if you take a buy trade in stock , then use 226.1 as stoploss and 230.15 as target.

Share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Target 201.35
Downside Target 217.65
Upside Target 238.25
Upside Target 239.00
Upside Target 239.75
Upside Target 240.75
Upside Target 244.20
Upside Target 271.55
Upside Target 274.85
Upside Target 294.90

Intraday share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Intraday Target 217.63
Downside Intraday Target 209.22
Upside Intraday Target 234.48
Upside Intraday Target 242.92
Upside Intraday Target 226.07

Weekly technical analysis of Lumax Tech (LumaxTech)

Date Weekly Closing Price Open High Low Volume
03 Fri Feb 2023 226.05 231.75 234.50 217.65 0.686 times
27 Fri Jan 2023 227.65 235.45 238.25 220.00 2.052 times
20 Fri Jan 2023 234.30 233.60 239.00 225.50 0.484 times
13 Fri Jan 2023 232.60 233.65 239.75 225.55 0.863 times
06 Fri Jan 2023 234.25 236.00 244.20 232.75 0.464 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
03 Fri Feb 2023 226.05 228.10 234.50 223.40 0.085 times
31 Tue Jan 2023 224.80 236.00 244.20 217.65 0.377 times
30 Fri Dec 2022 240.25 265.50 271.55 201.35 0.535 times
30 Wed Nov 2022 262.25 244.10 274.85 229.30 0.667 times

Scroll below to view daily charts

Price has moved up 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 12, 19, 23 Sell
MACD -8, -8Buy
Stochastics 47None
CCI -14Sell
RSI 47Sell
OBV -25531Sell
VWAP 228Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 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 227.63 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.

Click here for Lumax Tech charts

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Daily charts

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Daily chart

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