(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 2023-02-01 View latest technical analysis
10 day averaged volume of Lumax Tech is 3647
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 226.25 | 228.10 | 233.80 | 225.10 | 0.894 times |
| 31 Tue Jan 2023 | 224.80 | 223.00 | 227.70 | 222.35 | 0.225 times |
| 30 Mon Jan 2023 | 220.75 | 231.75 | 231.75 | 217.65 | 1.84 times |
| 27 Fri Jan 2023 | 227.65 | 227.85 | 229.85 | 220.00 | 1.266 times |
| 25 Wed Jan 2023 | 225.55 | 234.10 | 234.40 | 223.40 | 0.603 times |
| 24 Tue Jan 2023 | 230.10 | 225.50 | 234.10 | 225.50 | 3.248 times |
| 23 Mon Jan 2023 | 231.35 | 235.45 | 238.25 | 230.55 | 0.868 times |
| 20 Fri Jan 2023 | 234.30 | 233.85 | 235.00 | 230.65 | 0.617 times |
| 19 Thu Jan 2023 | 233.90 | 234.05 | 237.00 | 231.30 | 0.422 times |
| 18 Wed Jan 2023 | 234.80 | 239.00 | 239.00 | 228.85 | 0.734 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 226.6, but if it comes above 226.6, then a intra day buy could be more profitable.
If you take a sell trade below 226.6, then use 226.6 as stoploss and 221.3 as target. However if you take a buy trade in stock , then use 226.6 as stoploss and 231.12 as target.
Share price targets for Lumax Tech (LumaxTech)
| Target Type | Value |
| Downside Target | 201.35 |
| Downside Target | 217.65 |
| Downside Target | 225.10 |
| Upside Target | 239.00 |
| Upside Target | 239.75 |
| Upside Target | 240.75 |
| Upside Target | 244.20 |
| Upside Target | 271.55 |
| Upside Target | 274.85 |
| Upside Target | 294.90 |
Intraday share price targets for Lumax Tech (LumaxTech)
| Target Type | Value |
| Downside Intraday Target | 218 |
| Downside Intraday Target | 209.75 |
| Upside Intraday Target | 234.15 |
| Upside Intraday Target | 242.05 |
| Downside Intraday Target | 225.9 |
Weekly technical analysis of Lumax Tech (LumaxTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 226.25 | 231.75 | 233.80 | 217.65 | 0.494 times |
| 27 Fri Jan 2023 | 227.65 | 235.45 | 238.25 | 220.00 | 2.052 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 |
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 Wed Feb 2023 | 226.25 | 228.10 | 233.80 | 225.10 | 0.037 times |
| 31 Tue Jan 2023 | 224.80 | 236.00 | 244.20 | 217.65 | 0.377 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 | 0.667 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 | 14, 19, 15 | Sell |
| MACD | -9, -9 | Sell |
| Stochastics | 29 | Sell |
| CCI | -22 | Buy |
| RSI | 46 | Sell |
| OBV | -28386 | Sell |
| VWAP | 228 | Sell |
| ADL | 0 | Sell |
| ROC | -0 | Sell |
| Force Index | 0 | Sell |
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 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 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 SELL signal for Lumax Tech in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Lumax Tech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Lumax Tech in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 228.33 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.
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