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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)

10 day averaged volume of Lumax Tech is 11263

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	388.90	394.70	394.70	387.25	0.255 times
29 Wed Nov 2023	389.30	392.10	392.10	383.40	0.482 times
28 Tue Nov 2023	387.05	394.00	395.50	382.60	1.39 times
24 Fri Nov 2023	393.20	394.00	399.00	389.65	1.96 times
23 Thu Nov 2023	392.75	385.90	411.30	383.05	3.762 times
22 Wed Nov 2023	380.50	378.00	385.05	378.00	0.539 times
21 Tue Nov 2023	373.90	383.15	383.15	372.45	0.309 times
20 Mon Nov 2023	375.60	372.85	390.25	372.85	0.888 times
17 Fri Nov 2023	369.90	370.05	373.95	367.25	0.109 times
16 Thu Nov 2023	371.85	369.40	378.40	369.15	0.186 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 385.2, but if it comes below 385.2, then a intra day sell could be more profitable.
If you take a sell trade below 385.2, then use 385.2 as stoploss and 375.2 as target. However if you take a buy trade in stock , then use 385.2 as stoploss and 397.3 as target.

Share price targets for Lumax Tech (LumaxTech)

Target Type	Value
Downside Target	334.50
Downside Target	344.35
Downside Target	366.75
Downside Target	382.60
Downside Target	384.00
Downside Target	385.15
Upside Target	390.05
Upside Target	394.05
Upside Target	395.50
Upside Target	411.30
Upside Target	469.00

Intraday share price targets for Lumax Tech (LumaxTech)

Target Type	Value
Downside Intraday Target	382.5
Downside Intraday Target	376.1
Upside Intraday Target	395.4
Upside Intraday Target	401.9
Upside Intraday Target	389

Weekly technical analysis of Lumax Tech (LumaxTech)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	388.90	394.00	395.50	382.60	0.285 times
24 Fri Nov 2023	393.20	372.85	411.30	372.45	7.186 times
17 Fri Nov 2023	369.90	384.00	384.00	366.75	0.212 times
10 Fri Nov 2023	369.05	376.50	390.05	357.30	4.41 times
03 Fri Nov 2023	365.80	346.75	374.50	346.75	0.339 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
30 Thu Nov 2023	388.90	354.05	411.30	354.05	1.401 times
31 Tue Oct 2023	351.95	357.05	385.15	334.50	0.51 times
29 Fri Sep 2023	361.25	374.00	383.00	351.05	0.437 times
31 Thu Aug 2023	372.40	376.70	469.00	367.70	2.483 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)

Price action analysis of Lumax Tech ( (LumaxTech) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 mid to longer 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.

ADX buy sell signal for Lumax Tech stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 388.33 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.