Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 22468

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri May 2023	315.45	317.10	320.45	312.80	0.517 times
25 Thu May 2023	317.55	322.95	325.00	315.95	0.954 times
24 Wed May 2023	322.10	309.45	327.95	308.25	1.983 times
23 Tue May 2023	307.70	310.00	314.90	306.00	0.151 times
22 Mon May 2023	313.35	317.05	323.50	311.50	0.797 times
19 Fri May 2023	321.15	309.50	324.55	309.50	1.191 times
18 Thu May 2023	313.90	314.60	318.00	311.70	0.508 times
17 Wed May 2023	314.55	308.45	318.35	303.50	0.702 times
16 Tue May 2023	302.25	309.95	309.95	301.00	1.059 times
15 Mon May 2023	304.85	310.00	320.45	303.10	2.077 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 315.9 as stoploss in an intra day sell trade for a target of 308.24. However, stock will show a bullish move above 315.9.

Share price targets for Lumax Tech (LumaxTech)

Target Type	Value
Downside Target	210.20
Downside Target	217.65
Downside Target	244.20
Downside Target	270.05
Downside Target	289.65
Downside Target	297.15
Downside Target	312.25
Downside Target	314.70
Upside Target	324.55
Upside Target	327.95
Upside Target	328.40

Intraday share price targets for Lumax Tech (LumaxTech)

Target Type	Value
Downside Intraday Target	304.98
Downside Intraday Target	294.52
Upside Intraday Target	326.93
Upside Intraday Target	338.42
Upside Intraday Target	316.47

Weekly technical analysis of Lumax Tech (LumaxTech)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri May 2023	315.45	317.05	327.95	306.00	0.795 times
19 Fri May 2023	321.15	310.00	324.55	301.00	2.269 times
12 Fri May 2023	308.55	301.95	314.70	297.15	0.736 times
05 Fri May 2023	297.30	311.40	312.25	289.65	0.813 times
28 Fri Apr 2023	312.35	326.50	328.40	305.25	0.547 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 Fri May 2023	315.45	311.40	327.95	289.65	0.812 times
28 Fri Apr 2023	312.35	270.10	328.40	270.05	0.973 times
31 Fri Mar 2023	268.25	261.70	290.20	245.05	0.926 times
28 Tue Feb 2023	265.65	228.10	274.50	210.20	5.505 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)

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 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 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 losing momentum.

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

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Lumax Tech in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 313.61 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.