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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 2022-07-26 View latest technical analysis

10 day averaged volume of Lumax Tech is 40842

Date Daily Closing Price Open High Low Volume
26 Tue Jul 2022 238.60 234.60 246.95 234.60 0.418 times
25 Mon Jul 2022 236.75 244.90 244.90 234.60 0.295 times
22 Fri Jul 2022 241.30 240.00 248.10 238.30 0.781 times
21 Thu Jul 2022 238.05 240.85 243.85 236.10 0.297 times
20 Wed Jul 2022 237.50 244.35 256.80 233.80 1.663 times
19 Tue Jul 2022 240.05 247.95 247.95 236.15 1.235 times
18 Mon Jul 2022 247.55 238.10 252.00 236.00 4.353 times
14 Thu Jul 2022 206.75 207.40 211.70 206.00 0.248 times
13 Wed Jul 2022 206.60 202.85 212.00 199.50 0.465 times
12 Tue Jul 2022 205.50 210.50 212.35 204.00 0.148 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 234.6, but if it comes below 234.6, then a intra day sell could be more profitable.
If you take a sell trade below 234.6, then use 234.6 as stoploss and 210.04 as target. However if you take a buy trade in stock , then use 234.6 as stoploss and 264 as target.

Share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Target 141.35
Downside Target 151.95
Downside Target 156.45
Downside Target 167.25
Downside Target 178.00
Downside Target 182.55
Downside Target 198.90
Downside Target 216.65
Downside Target 220.10
Downside Target 233.80
Downside Target 234.60
Upside Target 246.95
Upside Target 256.80

Intraday share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Intraday Target 233.15
Downside Intraday Target 227.7
Upside Intraday Target 245.5
Upside Intraday Target 252.4
Upside Intraday Target 240.05

Weekly technical analysis of Lumax Tech (LumaxTech)

Date Weekly Closing Price Open High Low Volume
26 Tue Jul 2022 238.60 244.90 246.95 234.60 0.086 times
22 Fri Jul 2022 241.30 238.10 256.80 233.80 6.045 times
14 Thu Jul 2022 206.75 211.95 220.10 199.50 0.529 times
08 Fri Jul 2022 208.25 184.50 216.65 184.15 7.554 times
01 Fri Jul 2022 181.35 172.00 187.55 167.25 1.274 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 Tue Jul 2022 238.60 181.50 256.80 178.00 6.547 times
30 Thu Jun 2022 180.50 171.90 187.55 151.95 0.307 times
31 Tue May 2022 171.10 180.00 182.55 141.35 1.188 times
29 Fri Apr 2022 183.50 169.05 198.90 167.95 1.072 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Lumax Tech (LumaxTech)

Indicator Name Indicator Value Indicator Signal
ADX 38, 8, 66 Buy
MACD 31, 28Buy
Stochastics 69None
CCI 41Buy
RSI 59Buy
OBV 255949Sell
VWAP 240Sell
ADL 0Sell
ROC 12Buy
Force Index 0Sell

Price action analysis of Lumax Tech ( (LumaxTech) ) based on a short 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 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 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 mid to longer 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.

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

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

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 239.88 and Lumax Tech (LumaxTech) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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Daily chart

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