(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 2022-12-01 View latest technical analysis
10 day averaged volume of Lumax Tech is 15779
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Dec 2022 | 261.80 | 265.50 | 265.50 | 259.00 | 0.598 times |
| 30 Wed Nov 2022 | 262.25 | 265.00 | 266.40 | 260.50 | 0.82 times |
| 29 Tue Nov 2022 | 261.95 | 273.05 | 274.85 | 261.10 | 1.619 times |
| 28 Mon Nov 2022 | 272.05 | 263.05 | 273.45 | 263.05 | 1.199 times |
| 25 Fri Nov 2022 | 264.35 | 257.00 | 268.20 | 251.90 | 1.609 times |
| 24 Thu Nov 2022 | 254.90 | 260.05 | 260.05 | 254.50 | 1.136 times |
| 23 Wed Nov 2022 | 258.30 | 255.95 | 262.85 | 255.95 | 1.299 times |
| 22 Tue Nov 2022 | 253.80 | 246.35 | 256.30 | 246.35 | 0.601 times |
| 21 Mon Nov 2022 | 250.75 | 252.70 | 253.95 | 246.70 | 0.534 times |
| 18 Fri Nov 2022 | 251.25 | 247.10 | 252.50 | 246.70 | 0.74 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 261.3, but if it comes below 261.3, then a intra day sell could be more profitable.
If you take a sell trade below 261.3, then use 261.3 as stoploss and 251.63 as target. However if you take a buy trade in stock , then use 261.3 as stoploss and 272.9 as target.
Share price targets for Lumax Tech (LumaxTech)
| Target Type | Value |
| Downside Target | 222.00 |
| Downside Target | 229.30 |
| Downside Target | 237.10 |
| Downside Target | 257.05 |
| Downside Target | 260.70 |
| Upside Target | 265.50 |
| 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 | 255.58 |
| Downside Intraday Target | 249.37 |
| Upside Intraday Target | 271.43 |
| Upside Intraday Target | 281.07 |
| Upside Intraday Target | 265.22 |
Weekly technical analysis of Lumax Tech (LumaxTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Dec 2022 | 261.80 | 263.05 | 274.85 | 259.00 | 0.818 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 |
| 01 Thu Dec 2022 | 261.80 | 265.50 | 265.50 | 259.00 | 0.022 times |
| 30 Wed Nov 2022 | 262.25 | 244.10 | 274.85 | 229.30 | 0.667 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 |
Scroll below to view daily charts
Price has moved down 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 | 25, 12, 36 | Buy |
| MACD | 2, -1 | Buy |
| Stochastics | 56 | None |
| CCI | 38 | Sell |
| RSI | 60 | Buy |
| OBV | 29602 | Sell |
| VWAP | 260 | 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 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 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 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 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 and the buying is gaining 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 260.43 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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