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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 2022-08-04 View latest technical analysis

10 day averaged volume of Lumax Tech is 32570

Date Daily Closing Price Open High Low Volume
04 Thu Aug 2022 228.20 236.45 237.15 226.00 0.439 times
03 Wed Aug 2022 234.90 234.80 237.65 231.75 0.922 times
02 Tue Aug 2022 234.10 244.55 244.55 231.45 0.681 times
01 Mon Aug 2022 242.40 261.00 263.50 240.30 1.714 times
29 Fri Jul 2022 258.40 247.75 261.90 242.85 2.746 times
28 Thu Jul 2022 245.55 243.10 249.35 239.85 0.726 times
27 Wed Jul 2022 236.90 237.35 246.00 236.20 0.967 times
26 Tue Jul 2022 238.60 234.60 246.95 234.60 0.524 times
25 Mon Jul 2022 236.75 244.90 244.90 234.60 0.37 times
22 Fri Jul 2022 241.30 240.00 248.10 238.30 0.979 times

My analysis of stock is bearish for shortterm, and stock might move down till 214.2 or till 194.9. Use a stoploss of 230.24 and if the stock hits stoploss, then it can shoot up till 246.32

Share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Target 141.35
Downside Target 151.95
Downside Target 167.95
Downside Target 178.00
Downside Target 182.55
Downside Target 198.90
Downside Target 216.65
Downside Target 226.00
Upside Target 233.80
Upside Target 256.80
Upside Target 261.90
Upside Target 263.50

Intraday share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Intraday Target 214.97
Downside Intraday Target 201.73
Upside Intraday Target 252.47
Upside Intraday Target 276.73
Upside Intraday Target 239.23

Weekly technical analysis of Lumax Tech (LumaxTech)

Date Weekly Closing Price Open High Low Volume
04 Thu Aug 2022 228.20 261.00 263.50 226.00 0.704 times
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

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
04 Thu Aug 2022 228.20 261.00 263.50 226.00 0.18 times
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

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 26, 15, 27 Buy
MACD 25, 29Sell
Stochastics 8Sell
CCI -136Sell
RSI 53Buy
OBV 259457Sell
VWAP 244Sell
ADL 0Sell
ROC -4Sell
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 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 to mid 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 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 losing momentum.

MACD generated a SELL signal for Lumax Tech in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 244.08 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 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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