(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 2022-11-22 View latest technical analysis
10 day averaged volume of Lumax Tech is 17851
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Tue Nov 2022 | 253.80 | 246.35 | 256.30 | 246.35 | 0.531 times |
| 21 Mon Nov 2022 | 250.75 | 252.70 | 253.95 | 246.70 | 0.472 times |
| 18 Fri Nov 2022 | 251.25 | 247.10 | 252.50 | 246.70 | 0.654 times |
| 17 Thu Nov 2022 | 247.35 | 249.30 | 251.05 | 244.95 | 0.392 times |
| 16 Wed Nov 2022 | 248.20 | 249.05 | 251.85 | 247.60 | 1.239 times |
| 15 Tue Nov 2022 | 248.15 | 250.45 | 250.45 | 245.60 | 1.061 times |
| 14 Mon Nov 2022 | 251.35 | 258.00 | 259.00 | 244.25 | 1.167 times |
| 11 Fri Nov 2022 | 251.75 | 241.30 | 257.05 | 229.30 | 2.874 times |
| 10 Thu Nov 2022 | 234.00 | 237.00 | 237.00 | 230.30 | 0.584 times |
| 09 Wed Nov 2022 | 237.35 | 239.40 | 244.95 | 235.25 | 0.527 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 256 as stoploss in an intra day sell trade for a target of 248.58. However, stock will show a bullish move above 256.
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 | 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 | 248 |
| Downside Intraday Target | 242.2 |
| Upside Intraday Target | 257.95 |
| Upside Intraday Target | 262.1 |
| Downside Intraday Target | 252.15 |
Weekly technical analysis of Lumax Tech (LumaxTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Tue Nov 2022 | 253.80 | 252.70 | 256.30 | 246.35 | 0.222 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 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 |
| 22 Tue Nov 2022 | 253.80 | 244.10 | 260.70 | 229.30 | 0.481 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, 14, 25 | Buy |
| MACD | -6, -8 | Buy |
| Stochastics | 76 | Buy |
| CCI | 82 | Buy |
| RSI | 63 | Buy |
| OBV | -126540 | Sell |
| VWAP | 249 | Buy |
| ADL | 0 | Sell |
| ROC | 6 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Lumax Tech ( (LumaxTech) ) based on a short 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.
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
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 but buying is losing 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 248.79 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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