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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 2022-07-30 View latest technical analysis

10 day averaged volume of Lumax Tech is 43451

Date Daily Closing Price Open High Low Volume
29 Fri Jul 2022 258.40 247.75 261.90 242.85 2.058 times
28 Thu Jul 2022 245.55 243.10 249.35 239.85 0.544 times
27 Wed Jul 2022 236.90 237.35 246.00 236.20 0.725 times
26 Tue Jul 2022 238.60 234.60 246.95 234.60 0.393 times
25 Mon Jul 2022 236.75 244.90 244.90 234.60 0.277 times
22 Fri Jul 2022 241.30 240.00 248.10 238.30 0.734 times
21 Thu Jul 2022 238.05 240.85 243.85 236.10 0.279 times
20 Wed Jul 2022 237.50 244.35 256.80 233.80 1.563 times
19 Tue Jul 2022 240.05 247.95 247.95 236.15 1.16 times
18 Mon Jul 2022 247.55 238.10 252.00 236.00 4.091 times

Stock of Lumax Tech (LumaxTech) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 243.8, but if it comes below 243.8, then a intra day sell could be more profitable.
If you take a sell trade below 243.8, then use 243.8 as stoploss and 220.59 as target. However if you take a buy trade in stock , then use 243.8 as stoploss and 271.6 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
Downside Target 256.80
Upside Target 261.90

Intraday share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Intraday Target 241.37
Downside Intraday Target 224.33
Upside Intraday Target 268.67
Upside Intraday Target 278.93
Downside Intraday Target 251.63

Weekly technical analysis of Lumax Tech (LumaxTech)

Date Weekly Closing Price Open High Low Volume
29 Fri Jul 2022 258.40 244.90 261.90 234.60 0.511 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 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
29 Fri Jul 2022 258.40 181.50 261.90 178.00 8.319 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 39, 6, 75 Buy
MACD 33, 30Buy
Stochastics 77Buy
CCI 242Buy
RSI 64Buy
OBV 332780Sell
VWAP 245Buy
ADL 0Sell
ROC 25Buy
Force Index 0Sell

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 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 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.

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 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 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 245.47 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 positive

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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