(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 2022-11-29 View latest technical analysis
10 day averaged volume of Lumax Tech is 16036
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 261.95 | 273.05 | 274.85 | 261.10 | 1.593 times |
| 28 Mon Nov 2022 | 272.05 | 263.05 | 273.45 | 263.05 | 1.18 times |
| 25 Fri Nov 2022 | 264.35 | 257.00 | 268.20 | 251.90 | 1.583 times |
| 24 Thu Nov 2022 | 254.90 | 260.05 | 260.05 | 254.50 | 1.118 times |
| 23 Wed Nov 2022 | 258.30 | 255.95 | 262.85 | 255.95 | 1.278 times |
| 22 Tue Nov 2022 | 253.80 | 246.35 | 256.30 | 246.35 | 0.591 times |
| 21 Mon Nov 2022 | 250.75 | 252.70 | 253.95 | 246.70 | 0.525 times |
| 18 Fri Nov 2022 | 251.25 | 247.10 | 252.50 | 246.70 | 0.728 times |
| 17 Thu Nov 2022 | 247.35 | 249.30 | 251.05 | 244.95 | 0.437 times |
| 16 Wed Nov 2022 | 248.20 | 249.05 | 251.85 | 247.60 | 1.379 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 259.2, but if it comes below 259.2, then a intra day sell could be more profitable.
If you take a sell trade below 259.2, then use 259.2 as stoploss and 250.02 as target. However if you take a buy trade in stock , then use 259.2 as stoploss and 270.1 as target.
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 | 261.90 |
| Upside Target | 268.20 |
| Upside Target | 274.85 |
| 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 | 257.08 |
| Downside Intraday Target | 252.22 |
| Upside Intraday Target | 270.83 |
| Upside Intraday Target | 279.72 |
| Upside Intraday Target | 265.97 |
Weekly technical analysis of Lumax Tech (LumaxTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 261.95 | 263.05 | 274.85 | 261.10 | 0.544 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 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 |
| 29 Tue Nov 2022 | 261.95 | 244.10 | 274.85 | 229.30 | 0.647 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 | 28, 11, 44 | Buy |
| MACD | 1, -3 | Buy |
| Stochastics | 79 | Buy |
| CCI | 104 | Sell |
| RSI | 60 | Buy |
| OBV | -22700 | Sell |
| VWAP | 258 | 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 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 losing 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 tired and bears are picking up momentum.
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 SELL signal for Lumax Tech in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 258.05 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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