Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-01-18 View latest technical analysis

10 day averaged volume of Lumax Tech is 3848

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Jan 2023	234.80	239.00	239.00	228.85	0.696 times
17 Tue Jan 2023	227.10	225.50	233.70	225.50	0.168 times
16 Mon Jan 2023	231.15	233.60	235.60	230.00	0.916 times
13 Fri Jan 2023	232.60	231.90	233.55	230.30	1.434 times
12 Thu Jan 2023	230.45	233.95	234.95	225.55	1.35 times
11 Wed Jan 2023	234.00	232.25	236.00	231.20	0.35 times
10 Tue Jan 2023	231.50	236.90	239.60	229.95	1.31 times
09 Mon Jan 2023	236.50	233.65	239.75	233.65	1.271 times
06 Fri Jan 2023	234.25	234.70	237.50	232.75	1.048 times
05 Thu Jan 2023	236.70	237.45	239.20	233.25	1.814 times

My analysis of stock is bullish for shortterm, and stock might move up till 239.6 or till 247. Use a stoploss of 233.32 and if this stock hits its stoploss, then it can fall down till 227.08

Share price targets for Lumax Tech (LumaxTech)

Target Type	Value
Downside Target	201.35
Downside Target	210.00
Downside Target	225.50
Upside Target	239.00
Upside Target	244.20
Upside Target	247.20
Upside Target	253.85
Upside Target	271.55
Upside Target	274.85
Upside Target	294.90
Upside Target	312.00

Intraday share price targets for Lumax Tech (LumaxTech)

Target Type	Value
Downside Intraday Target	227.2
Downside Intraday Target	219.6
Upside Intraday Target	240.7
Upside Intraday Target	246.6
Downside Intraday Target	233.1

Weekly technical analysis of Lumax Tech (LumaxTech)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Jan 2023	234.80	233.60	239.00	225.50	0.311 times
13 Fri Jan 2023	232.60	233.65	239.75	225.55	0.863 times
06 Fri Jan 2023	234.25	236.00	244.20	232.75	0.464 times
30 Fri Dec 2022	240.25	222.75	243.10	201.35	0.774 times
23 Fri Dec 2022	211.40	252.10	253.85	210.00	2.015 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
18 Wed Jan 2023	234.80	236.00	244.20	225.50	0.234 times
30 Fri Dec 2022	240.25	265.50	271.55	201.35	0.535 times
30 Wed Nov 2022	262.25	244.10	274.85	229.30	0.644 times
31 Mon Oct 2022	245.85	280.50	294.90	240.75	0.369 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)

Price action analysis of Lumax Tech ( (LumaxTech) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Lumax Tech ( (LumaxTech) ) based on a short to mid 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.

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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Lumax Tech in short term but the buy signal is initial and weak.

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. Bears are weakening, and bulls are picking up momentum!

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 SELL signal in short term but selling 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 233.52 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 falling down

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 has given negative 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.