(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 2023-02-08 View latest technical analysis
10 day averaged volume of Lumax Tech is 3839
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed Feb 2023 | 233.65 | 236.35 | 238.40 | 230.50 | 0.56 times |
| 07 Tue Feb 2023 | 234.90 | 229.90 | 238.65 | 229.90 | 0.724 times |
| 06 Mon Feb 2023 | 230.25 | 219.00 | 232.65 | 215.95 | 0.513 times |
| 03 Fri Feb 2023 | 226.05 | 224.80 | 234.50 | 223.40 | 0.549 times |
| 02 Thu Feb 2023 | 229.95 | 227.45 | 234.35 | 226.50 | 0.543 times |
| 01 Wed Feb 2023 | 226.25 | 228.10 | 233.80 | 225.10 | 0.849 times |
| 31 Tue Jan 2023 | 224.80 | 223.00 | 227.70 | 222.35 | 0.214 times |
| 30 Mon Jan 2023 | 220.75 | 231.75 | 231.75 | 217.65 | 1.748 times |
| 27 Fri Jan 2023 | 227.65 | 227.85 | 229.85 | 220.00 | 1.202 times |
| 25 Wed Jan 2023 | 225.55 | 234.10 | 234.40 | 223.40 | 0.573 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 233.8 as stoploss in an intra day sell trade for a target of 229.98. However, stock will show a bullish move above 233.8.
Share price targets for Lumax Tech (LumaxTech)
| Target Type | Value |
| Downside Target | 201.35 |
| Downside Target | 215.95 |
| Downside Target | 225.50 |
| Upside 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 | 220.18 |
| Downside Intraday Target | 206.72 |
| Upside Intraday Target | 242.88 |
| Upside Intraday Target | 252.12 |
| Downside Intraday Target | 229.42 |
Weekly technical analysis of Lumax Tech (LumaxTech)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed Feb 2023 | 233.65 | 219.00 | 238.65 | 215.95 | 0.46 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 |
| 08 Wed Feb 2023 | 233.65 | 228.10 | 238.65 | 215.95 | 0.164 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, 16 | Sell |
| MACD | -5, -7 | Buy |
| Stochastics | 75 | Buy |
| CCI | 140 | Sell |
| RSI | 50 | Sell |
| OBV | -16809 | Sell |
| VWAP | 227 | 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Lumax Tech ( (LumaxTech) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a SELL signal for Lumax Tech in short term but SELL signal is weak.
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 227.01 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 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.
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