(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 2022-11-28 View latest technical analysis
10 day averaged volume of Lumax Tech is 16227
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 272.05 | 263.05 | 273.45 | 263.05 | 1.166 times |
| 25 Fri Nov 2022 | 264.35 | 257.00 | 268.20 | 251.90 | 1.564 times |
| 24 Thu Nov 2022 | 254.90 | 260.05 | 260.05 | 254.50 | 1.105 times |
| 23 Wed Nov 2022 | 258.30 | 255.95 | 262.85 | 255.95 | 1.263 times |
| 22 Tue Nov 2022 | 253.80 | 246.35 | 256.30 | 246.35 | 0.584 times |
| 21 Mon Nov 2022 | 250.75 | 252.70 | 253.95 | 246.70 | 0.519 times |
| 18 Fri Nov 2022 | 251.25 | 247.10 | 252.50 | 246.70 | 0.719 times |
| 17 Thu Nov 2022 | 247.35 | 249.30 | 251.05 | 244.95 | 0.432 times |
| 16 Wed Nov 2022 | 248.20 | 249.05 | 251.85 | 247.60 | 1.362 times |
| 15 Tue Nov 2022 | 248.15 | 250.45 | 250.45 | 245.60 | 1.168 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 268.5, for a target of 258 or 249.21
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 | 257.05 |
| Downside Target | 263.05 |
| Downside Target | 268.20 |
| Upside Target | 273.45 |
| 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 | 265.58 |
| Downside Intraday Target | 259.12 |
| Upside Intraday Target | 275.98 |
| Upside Intraday Target | 279.92 |
| Downside Intraday Target | 269.52 |
Weekly technical analysis of Lumax Tech (LumaxTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 272.05 | 263.05 | 273.45 | 263.05 | 0.232 times |
| 25 Fri Nov 2022 | 264.35 | 252.70 | 268.20 | 246.35 | 1.014 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 |
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 |
| 28 Mon Nov 2022 | 272.05 | 244.10 | 273.45 | 229.30 | 0.608 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 | 32, 10, 51 | Buy |
| MACD | 0, -4 | Buy |
| Stochastics | 85 | Buy |
| CCI | 175 | Buy |
| RSI | 65 | Buy |
| OBV | -21424 | Sell |
| VWAP | 256 | Buy |
| ADL | 0 | Sell |
| ROC | 8 | 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 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 to mid 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 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 and the buy 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 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 256.25 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
Click here for further forecast and predictions for tomorrow