(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 2022-11-11 View latest technical analysis
10 day averaged volume of Lumax Tech is 22092
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 251.75 | 241.30 | 257.05 | 229.30 | 2.322 times |
| 10 Thu Nov 2022 | 234.00 | 237.00 | 237.00 | 230.30 | 0.472 times |
| 09 Wed Nov 2022 | 237.35 | 239.40 | 244.95 | 235.25 | 0.426 times |
| 07 Mon Nov 2022 | 239.40 | 241.75 | 241.75 | 233.50 | 0.832 times |
| 04 Fri Nov 2022 | 240.95 | 242.15 | 246.50 | 239.40 | 0.458 times |
| 03 Thu Nov 2022 | 242.75 | 248.80 | 248.95 | 238.30 | 1.55 times |
| 02 Wed Nov 2022 | 248.20 | 241.00 | 260.70 | 241.00 | 2.172 times |
| 01 Tue Nov 2022 | 243.50 | 244.10 | 247.00 | 237.10 | 1.482 times |
| 31 Mon Oct 2022 | 245.85 | 254.60 | 255.90 | 240.75 | 0.726 times |
| 28 Fri Oct 2022 | 253.40 | 264.25 | 264.25 | 252.80 | 1.099 times |
Stock of Lumax Tech (LumaxTech) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 242.5 or till 227.5. Use a stoploss of 254.98 and if the stock hits stoploss, then it can shoot up till 267.46
Share price targets for Lumax Tech (LumaxTech)
| Target Type | Value |
| Downside Target | 178.00 |
| Downside Target | 222.00 |
| Downside Target | 229.30 |
| Downside Target | 237.10 |
| Downside Target | 247.20 |
| Upside Target | 252.80 |
| 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 | 235.02 |
| Downside Intraday Target | 218.28 |
| Upside Intraday Target | 262.77 |
| Upside Intraday Target | 273.78 |
| Downside Intraday Target | 246.03 |
Weekly technical analysis of Lumax Tech (LumaxTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Nov 2022 | 251.75 | 241.75 | 257.05 | 229.30 | 0.634 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 up 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 |
| 11 Fri Nov 2022 | 251.75 | 244.10 | 260.70 | 229.30 | 0.33 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 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 28, 20, 16 | Buy |
| MACD | -12, -11 | Sell |
| Stochastics | 29 | Sell |
| CCI | 28 | Buy |
| RSI | 61 | Buy |
| OBV | -128698 | Sell |
| VWAP | 246 | Buy |
| ADL | 0 | Sell |
| ROC | -3 | 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Lumax Tech stock for short term is BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
CCI has generated a buy signal for Lumax Tech in short term and BUY signal is strong.
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
Stock of Lumax Tech is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 246.02 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 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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