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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 2022-12-02 View latest technical analysis

10 day averaged volume of Lumax Tech is 16022

Date Daily Closing Price Open High Low Volume
02 Fri Dec 2022 263.50 265.00 268.75 261.75 0.557 times
01 Thu Dec 2022 261.80 265.50 265.50 259.00 0.589 times
30 Wed Nov 2022 262.25 265.00 266.40 260.50 0.808 times
29 Tue Nov 2022 261.95 273.05 274.85 261.10 1.595 times
28 Mon Nov 2022 272.05 263.05 273.45 263.05 1.181 times
25 Fri Nov 2022 264.35 257.00 268.20 251.90 1.584 times
24 Thu Nov 2022 254.90 260.05 260.05 254.50 1.119 times
23 Wed Nov 2022 258.30 255.95 262.85 255.95 1.279 times
22 Tue Nov 2022 253.80 246.35 256.30 246.35 0.592 times
21 Mon Nov 2022 250.75 252.70 253.95 246.70 0.526 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 262.4, but if it comes below 262.4, then a intra day sell could be more profitable.
If you take a sell trade below 262.4, then use 262.4 as stoploss and 252.67 as target. However if you take a buy trade in stock , then use 262.4 as stoploss and 274.1 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 268.20
Upside Target 268.75
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 256.72
Downside Intraday Target 249.93
Upside Intraday Target 272.57
Upside Intraday Target 281.63
Upside Intraday Target 265.78

Weekly technical analysis of Lumax Tech (LumaxTech)

Date Weekly Closing Price Open High Low Volume
02 Fri Dec 2022 263.50 263.05 274.85 259.00 0.927 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
02 Fri Dec 2022 263.50 265.50 268.75 259.00 0.042 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 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 26, 11, 42 Buy
MACD 2, -0Buy
Stochastics 57None
CCI 58Buy
RSI 58Buy
OBV -9467Sell
VWAP 261Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Lumax Tech ( (LumaxTech) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 261.29 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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