(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 2022-11-14 View latest technical analysis
10 day averaged volume of Lumax Tech is 25494
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Mon Nov 2022 | 251.35 | 258.00 | 259.00 | 244.25 | 0.817 times |
| 11 Fri Nov 2022 | 251.75 | 241.30 | 257.05 | 229.30 | 2.012 times |
| 10 Thu Nov 2022 | 234.00 | 237.00 | 237.00 | 230.30 | 0.409 times |
| 09 Wed Nov 2022 | 237.35 | 239.40 | 244.95 | 235.25 | 0.369 times |
| 07 Mon Nov 2022 | 239.40 | 241.75 | 241.75 | 233.50 | 0.721 times |
| 04 Fri Nov 2022 | 240.95 | 242.15 | 246.50 | 239.40 | 0.397 times |
| 03 Thu Nov 2022 | 242.75 | 248.80 | 248.95 | 238.30 | 1.343 times |
| 02 Wed Nov 2022 | 248.20 | 241.00 | 260.70 | 241.00 | 1.883 times |
| 01 Tue Nov 2022 | 243.50 | 244.10 | 247.00 | 237.10 | 1.284 times |
| 31 Mon Oct 2022 | 245.85 | 254.60 | 255.90 | 240.75 | 0.629 times |
My analysis of stock is bearish for shortterm, and stock might move down till 242.1 or till 228.1. Use a stoploss of 253.83 and if the stock hits stoploss, then it can shoot up till 265.52
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 |
| Upside Target | 252.80 |
| Upside Target | 260.70 |
| Upside Target | 261.90 |
| Upside Target | 267.70 |
| 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 | 244.07 |
| Downside Intraday Target | 236.78 |
| Upside Intraday Target | 258.82 |
| Upside Intraday Target | 266.28 |
| Upside Intraday Target | 251.53 |
Weekly technical analysis of Lumax Tech (LumaxTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Mon Nov 2022 | 251.35 | 258.00 | 259.00 | 244.25 | 0.233 times |
| 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 |
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 |
| 14 Mon Nov 2022 | 251.35 | 244.10 | 260.70 | 229.30 | 0.362 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 | 27, 18, 19 | Buy |
| MACD | -11, -11 | Sell |
| Stochastics | 48 | None |
| CCI | 127 | Buy |
| RSI | 63 | Buy |
| OBV | -113729 | Sell |
| VWAP | 246 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Lumax Tech ( (LumaxTech) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Lumax Tech stock for short term is BUY. Signal strength is Weak and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 negative zone. This is the SELL 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 245.75 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 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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