(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 2022-11-04 View latest technical analysis
10 day averaged volume of Lumax Tech is 22886
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 240.95 | 242.15 | 246.50 | 239.40 | 0.442 times |
| 03 Thu Nov 2022 | 242.75 | 248.80 | 248.95 | 238.30 | 1.496 times |
| 02 Wed Nov 2022 | 248.20 | 241.00 | 260.70 | 241.00 | 2.097 times |
| 01 Tue Nov 2022 | 243.50 | 244.10 | 247.00 | 237.10 | 1.431 times |
| 31 Mon Oct 2022 | 245.85 | 254.60 | 255.90 | 240.75 | 0.701 times |
| 28 Fri Oct 2022 | 253.40 | 264.25 | 264.25 | 252.80 | 1.061 times |
| 27 Thu Oct 2022 | 260.70 | 261.65 | 265.20 | 258.50 | 0.755 times |
| 25 Tue Oct 2022 | 261.35 | 262.75 | 267.70 | 260.00 | 0.606 times |
| 24 Mon Oct 2022 | 261.55 | 257.25 | 265.75 | 257.25 | 0.074 times |
| 21 Fri Oct 2022 | 261.50 | 270.00 | 271.20 | 258.30 | 1.257 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 249.4, but if it comes above 249.4, then a intra day buy could be more profitable.
If you take a sell trade below 249.4, then use 249.4 as stoploss and 232.7 as target. However if you take a buy trade in stock , then use 249.4 as stoploss and 263.4 as target.
Share price targets for Lumax Tech (LumaxTech)
| Target Type | Value |
| Downside Target | 178.00 |
| Downside Target | 222.00 |
| Downside Target | 237.10 |
| Upside Target | 247.20 |
| Upside Target | 252.80 |
| Upside Target | 258.30 |
| Upside Target | 269.10 |
| Upside Target | 292.50 |
| Upside Target | 294.60 |
| Upside Target | 294.90 |
| Upside Target | 302.10 |
| Upside Target | 312.00 |
Intraday share price targets for Lumax Tech (LumaxTech)
| Target Type | Value |
| Downside Intraday Target | 231.8 |
| Downside Intraday Target | 222.65 |
| Upside Intraday Target | 255.4 |
| Upside Intraday Target | 269.85 |
| Upside Intraday Target | 246.25 |
Weekly technical analysis of Lumax Tech (LumaxTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Nov 2022 | 240.95 | 254.60 | 260.70 | 237.10 | 2.471 times |
| 28 Fri Oct 2022 | 253.40 | 257.25 | 267.70 | 252.80 | 0.796 times |
| 21 Fri Oct 2022 | 261.50 | 294.90 | 294.90 | 258.30 | 0.479 times |
| 14 Fri Oct 2022 | 267.50 | 282.05 | 294.60 | 265.25 | 0.421 times |
| 07 Fri Oct 2022 | 287.25 | 280.50 | 292.50 | 269.10 | 0.403 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 |
| 04 Fri Nov 2022 | 240.95 | 244.10 | 260.70 | 237.10 | 0.192 times |
| 31 Mon Oct 2022 | 245.85 | 280.50 | 294.90 | 240.75 | 0.357 times |
| 30 Fri Sep 2022 | 280.55 | 278.70 | 312.00 | 247.20 | 1.857 times |
| 30 Tue Aug 2022 | 276.20 | 261.00 | 302.10 | 222.00 | 1.448 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 | 17, 21, 11 | Sell |
| MACD | -11, -7 | Sell |
| Stochastics | 18 | Sell |
| CCI | -90 | Sell |
| RSI | 52 | Buy |
| OBV | 16316 | Sell |
| VWAP | 250 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 SELL. Signal strength is Weak and stock is losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 250.31 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.
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