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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 2023-01-23 View latest technical analysis

10 day averaged volume of Lumax Tech is 3263

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Jan 2023	231.35	235.45	238.25	230.55	0.97 times
20 Fri Jan 2023	234.30	233.85	235.00	230.65	0.69 times
19 Thu Jan 2023	233.90	234.05	237.00	231.30	0.471 times
18 Wed Jan 2023	234.80	239.00	239.00	228.85	0.82 times
17 Tue Jan 2023	227.10	225.50	233.70	225.50	0.198 times
16 Mon Jan 2023	231.15	233.60	235.60	230.00	1.08 times
13 Fri Jan 2023	232.60	231.90	233.55	230.30	1.691 times
12 Thu Jan 2023	230.45	233.95	234.95	225.55	1.592 times
11 Wed Jan 2023	234.00	232.25	236.00	231.20	0.413 times
10 Tue Jan 2023	231.50	236.90	239.60	229.95	1.545 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 231.3 as stoploss in an intra day buy trade for a target of 234.73. However, stock will show a bearish move below 231.3.

Share price targets for Lumax Tech (LumaxTech)

Target Type	Value
Downside Target	201.35
Downside Target	225.50
Upside Target	238.25
Upside Target	243.10
Upside Target	244.20
Upside Target	247.20
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	228.52
Downside Intraday Target	225.68
Upside Intraday Target	236.22
Upside Intraday Target	241.08
Upside Intraday Target	233.38

Weekly technical analysis of Lumax Tech (LumaxTech)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Jan 2023	231.35	235.45	238.25	230.55	0.298 times
20 Fri Jan 2023	234.30	233.60	239.00	225.50	0.484 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

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
23 Mon Jan 2023	231.35	236.00	244.20	225.50	0.264 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 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 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 Weak 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 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 232.09 and Lumax Tech (LumaxTech) stock is trading below this level. This means that stock is falling with high volumes. 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.