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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 2023-05-17 View latest technical analysis

10 day averaged volume of Lumax Tech is 18512

Date Daily Closing Price Open High Low Volume
17 Wed May 2023 314.55 308.45 318.35 303.50 0.852 times
16 Tue May 2023 302.25 309.95 309.95 301.00 1.285 times
15 Mon May 2023 304.85 310.00 320.45 303.10 2.521 times
12 Fri May 2023 308.55 303.45 314.70 302.40 0.701 times
11 Thu May 2023 301.95 297.15 307.95 297.15 0.296 times
10 Wed May 2023 301.70 300.00 305.70 299.70 0.521 times
09 Tue May 2023 302.70 309.25 310.70 301.40 0.913 times
08 Mon May 2023 308.80 301.95 310.40 298.20 0.531 times
05 Fri May 2023 297.30 299.10 311.05 295.05 1.032 times
04 Thu May 2023 303.60 293.80 309.70 293.80 1.129 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 312.8, but if it comes below 312.8, then a intra day sell could be more profitable.
If you take a sell trade below 312.8, then use 312.8 as stoploss and 305.06 as target. However if you take a buy trade in stock , then use 312.8 as stoploss and 322.1 as target.

Share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Target 210.20
Downside Target 217.65
Downside Target 244.20
Downside Target 270.05
Downside Target 289.65
Downside Target 297.15
Downside Target 312.25
Upside Target 314.70
Upside Target 320.45
Upside Target 324.05
Upside Target 328.40

Intraday share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Intraday Target 303.55
Downside Intraday Target 292.55
Upside Intraday Target 323
Upside Intraday Target 331.45
Downside Intraday Target 312

Weekly technical analysis of Lumax Tech (LumaxTech)

Date Weekly Closing Price Open High Low Volume
17 Wed May 2023 314.55 310.00 320.45 301.00 1.573 times
12 Fri May 2023 308.55 301.95 314.70 297.15 0.736 times
05 Fri May 2023 297.30 311.40 312.25 289.65 0.813 times
28 Fri Apr 2023 312.35 326.50 328.40 305.25 0.547 times
21 Fri Apr 2023 320.15 284.60 324.05 279.05 1.851 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Lumax Tech (LumaxTech)

Date Monthly Closing Price Open High Low Volume
17 Wed May 2023 314.55 311.40 320.45 289.65 0.496 times
28 Fri Apr 2023 312.35 270.10 328.40 270.05 0.973 times
31 Fri Mar 2023 268.25 261.70 290.20 245.05 0.926 times
28 Tue Feb 2023 265.65 228.10 274.50 210.20 5.505 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 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 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 neutral. A longer time frame might give a better analysis.

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 SELL signal for Lumax Tech in short term but the sell 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 green color and prices are above the green 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 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 304.44 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.

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 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 neutral. A longer time frame might give a better analysis.

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 SELL signal for Lumax Tech in short term but the sell 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 green color and prices are above the green 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 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 304.44 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.

Click here for Lumax Tech charts

Click here for further forecast and predictions for tomorrow

Daily charts

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