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(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, -8Buy
Stochastics 76Buy
CCI 82Buy
RSI 63Buy
OBV -126540Sell
VWAP 249Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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.

Click here for Lumax Tech charts

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Daily charts

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