(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 2022-11-21 View latest technical analysis
10 day averaged volume of Lumax Tech is 18020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Nov 2022 | 250.75 | 252.70 | 253.95 | 246.70 | 0.467 times |
| 18 Fri Nov 2022 | 251.25 | 247.10 | 252.50 | 246.70 | 0.648 times |
| 17 Thu Nov 2022 | 247.35 | 249.30 | 251.05 | 244.95 | 0.389 times |
| 16 Wed Nov 2022 | 248.20 | 249.05 | 251.85 | 247.60 | 1.227 times |
| 15 Tue Nov 2022 | 248.15 | 250.45 | 250.45 | 245.60 | 1.051 times |
| 14 Mon Nov 2022 | 251.35 | 258.00 | 259.00 | 244.25 | 1.156 times |
| 11 Fri Nov 2022 | 251.75 | 241.30 | 257.05 | 229.30 | 2.847 times |
| 10 Thu Nov 2022 | 234.00 | 237.00 | 237.00 | 230.30 | 0.579 times |
| 09 Wed Nov 2022 | 237.35 | 239.40 | 244.95 | 235.25 | 0.522 times |
| 07 Mon Nov 2022 | 239.40 | 241.75 | 241.75 | 233.50 | 1.02 times |
My analysis of stock is bullish for shortterm, and stock might move up till 256.9 or till 266.3. Use a stoploss of 248.97 and if this stock hits its stoploss, then it can fall down till 241.08
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 | 246.98 |
| Downside Intraday Target | 243.22 |
| Upside Intraday Target | 254.23 |
| Upside Intraday Target | 257.72 |
| Downside Intraday Target | 250.47 |
Weekly technical analysis of Lumax Tech (LumaxTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Nov 2022 | 250.75 | 252.70 | 253.95 | 246.70 | 0.105 times |
| 18 Fri Nov 2022 | 251.25 | 258.00 | 259.00 | 244.25 | 0.9 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 |
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 |
| 21 Mon Nov 2022 | 250.75 | 244.10 | 260.70 | 229.30 | 0.466 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 | 24, 16, 20 | Buy |
| MACD | -7, -9 | Buy |
| Stochastics | 69 | None |
| CCI | 67 | Buy |
| RSI | 64 | Buy |
| OBV | -147958 | Sell |
| VWAP | 248 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Lumax Tech ( (LumaxTech) ) based on a short to mid 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Lumax Tech in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 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 247.56 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 is giving positive 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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