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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 2022-11-09 View latest technical analysis

10 day averaged volume of Lumax Tech is 21666

Date Daily Closing Price Open High Low Volume
09 Wed Nov 2022 237.35 239.40 244.95 235.25 0.434 times
07 Mon Nov 2022 239.40 241.75 241.75 233.50 0.849 times
04 Fri Nov 2022 240.95 242.15 246.50 239.40 0.467 times
03 Thu Nov 2022 242.75 248.80 248.95 238.30 1.581 times
02 Wed Nov 2022 248.20 241.00 260.70 241.00 2.215 times
01 Tue Nov 2022 243.50 244.10 247.00 237.10 1.511 times
31 Mon Oct 2022 245.85 254.60 255.90 240.75 0.741 times
28 Fri Oct 2022 253.40 264.25 264.25 252.80 1.12 times
27 Thu Oct 2022 260.70 261.65 265.20 258.50 0.798 times
25 Tue Oct 2022 261.35 262.75 267.70 260.00 0.641 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 245.1, but if it comes above 245.1, then a intra day buy could be more profitable.
If you take a sell trade below 245.1, then use 245.1 as stoploss and 229 as target. However if you take a buy trade in stock , then use 245.1 as stoploss and 258.6 as target.

Share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Target 178.00
Downside Target 222.00
Downside Target 233.50
Upside Target 252.80
Upside Target 258.30
Upside Target 265.25
Upside Target 267.70
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 232.25
Downside Intraday Target 227.15
Upside Intraday Target 243.7
Upside Intraday Target 250.05
Upside Intraday Target 238.6

Weekly technical analysis of Lumax Tech (LumaxTech)

Date Weekly Closing Price Open High Low Volume
09 Wed Nov 2022 237.35 241.75 244.95 233.50 0.197 times
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

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
09 Wed Nov 2022 237.35 244.10 260.70 233.50 0.235 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, 23, 13 Sell
MACD -13, -9Sell
Stochastics 13Sell
CCI -82Buy
RSI 55Buy
OBV -158665Sell
VWAP 247Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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

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 247.35 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.

Click here for Lumax Tech charts

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Daily charts

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