(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 2023-02-07 View latest technical analysis
10 day averaged volume of Lumax Tech is 3878
Date | Daily Closing Price | Open | High | Low | Volume |
07 Tue Feb 2023 | 234.90 | 229.90 | 238.65 | 229.90 | 0.716 times |
06 Mon Feb 2023 | 230.25 | 219.00 | 232.65 | 215.95 | 0.508 times |
03 Fri Feb 2023 | 226.05 | 224.80 | 234.50 | 223.40 | 0.544 times |
02 Thu Feb 2023 | 229.95 | 227.45 | 234.35 | 226.50 | 0.537 times |
01 Wed Feb 2023 | 226.25 | 228.10 | 233.80 | 225.10 | 0.84 times |
31 Tue Jan 2023 | 224.80 | 223.00 | 227.70 | 222.35 | 0.211 times |
30 Mon Jan 2023 | 220.75 | 231.75 | 231.75 | 217.65 | 1.731 times |
27 Fri Jan 2023 | 227.65 | 227.85 | 229.85 | 220.00 | 1.19 times |
25 Wed Jan 2023 | 225.55 | 234.10 | 234.40 | 223.40 | 0.567 times |
24 Tue Jan 2023 | 230.10 | 225.50 | 234.10 | 225.50 | 3.055 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 233.6, but if it comes below 233.6, then a intra day sell could be more profitable.
If you take a sell trade below 233.6, then use 233.6 as stoploss and 229.87 as target. However if you take a buy trade in stock , then use 233.6 as stoploss and 238.2 as target.
Share price targets for Lumax Tech (LumaxTech)
Target Type | Value |
Downside Target | 201.35 |
Downside Target | 215.95 |
Downside Target | 225.50 |
Downside Target | 234.50 |
Upside Target | 238.65 |
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 | 221.02 |
Downside Intraday Target | 207.13 |
Upside Intraday Target | 243.72 |
Upside Intraday Target | 252.53 |
Downside Intraday Target | 229.83 |
Weekly technical analysis of Lumax Tech (LumaxTech)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Tue Feb 2023 | 234.90 | 219.00 | 238.65 | 215.95 | 0.317 times |
03 Fri Feb 2023 | 226.05 | 231.75 | 234.50 | 217.65 | 0.686 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 |
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 |
07 Tue Feb 2023 | 234.90 | 228.10 | 238.65 | 215.95 | 0.139 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 | 15, 21, 16 | Sell |
MACD | -6, -8 | Buy |
Stochastics | 63 | None |
CCI | 192 | Buy |
RSI | 48 | Sell |
OBV | -9768 | Sell |
VWAP | 228 | Buy |
ADL | 0 | Sell |
ROC | 2 | Buy |
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 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
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 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 SELL signal in short term but selling is losing 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 227.59 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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