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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 2022-12-01 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, -1Buy
Stochastics 56None
CCI 38Sell
RSI 60Buy
OBV 29602Sell
VWAP 260Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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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Daily charts

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