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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 3856

Date Daily Closing Price Open High Low Volume
27 Fri Jan 2023 227.65 227.85 229.85 220.00 1.197 times
25 Wed Jan 2023 225.55 234.10 234.40 223.40 0.57 times
24 Tue Jan 2023 230.10 225.50 234.10 225.50 3.072 times
23 Mon Jan 2023 231.35 235.45 238.25 230.55 0.821 times
20 Fri Jan 2023 234.30 233.85 235.00 230.65 0.584 times
19 Thu Jan 2023 233.90 234.05 237.00 231.30 0.399 times
18 Wed Jan 2023 234.80 239.00 239.00 228.85 0.694 times
17 Tue Jan 2023 227.10 225.50 233.70 225.50 0.168 times
16 Mon Jan 2023 231.15 233.60 235.60 230.00 0.914 times
13 Fri Jan 2023 232.60 231.90 233.55 230.30 1.431 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 229.3, but if it comes above 229.3, then a intra day buy could be more profitable.
If you take a sell trade below 229.3, then use 229.3 as stoploss and 224.2 as target. However if you take a buy trade in stock , then use 229.3 as stoploss and 233.53 as target.

Share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Target 201.35
Downside Target 220.00
Downside Target 225.50
Upside Target 238.25
Upside Target 243.10
Upside Target 244.20
Upside Target 247.20
Upside Target 271.55
Upside Target 274.85
Upside Target 294.90
Upside Target 312.00

Intraday share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Intraday Target 219.02
Downside Intraday Target 210.38
Upside Intraday Target 237.27
Upside Intraday Target 246.88
Upside Intraday Target 228.63

Weekly technical analysis of Lumax Tech (LumaxTech)

Date Weekly Closing Price Open High Low Volume
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
30 Fri Dec 2022 240.25 222.75 243.10 201.35 0.774 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Lumax Tech (LumaxTech)

Date Monthly Closing Price Open High Low Volume
27 Fri Jan 2023 227.65 236.00 244.20 220.00 0.344 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
31 Mon Oct 2022 245.85 280.50 294.90 240.75 0.357 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 11, 25, 40 Sell
MACD -8, -8Sell
Stochastics 29Sell
CCI -144Sell
RSI 50Sell
OBV -5442Sell
VWAP 231Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 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 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 SELL signal for Lumax Tech in short term and the sell signal is strong.

Lumax Tech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up 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 230.79 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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