(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, -9 | Sell |
| Stochastics | 13 | Sell |
| CCI | -82 | Buy |
| RSI | 55 | Buy |
| OBV | -158665 | Sell |
| VWAP | 247 | 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 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.
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