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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 2024-05-09 View latest technical analysis

10 day averaged volume of Lumax Tech is 10262

Date Daily Closing Price Open High Low Volume
09 Thu May 2024 454.70 461.35 469.00 452.00 0.423 times
08 Wed May 2024 463.65 458.95 470.00 458.95 0.181 times
07 Tue May 2024 463.90 468.00 471.35 460.30 1.025 times
06 Mon May 2024 469.65 475.05 483.65 466.00 0.55 times
03 Fri May 2024 477.35 482.40 483.85 471.00 0.544 times
02 Thu May 2024 482.30 478.25 485.40 473.15 1.123 times
30 Tue Apr 2024 478.75 482.30 486.15 475.50 0.429 times
29 Mon Apr 2024 479.10 492.30 492.30 474.30 1.079 times
26 Fri Apr 2024 479.35 496.00 500.60 477.75 0.877 times
25 Thu Apr 2024 488.30 501.05 515.00 487.60 2.215 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 461.4, but if it comes above 461.4, then a intra day buy could be more profitable.
If you take a sell trade below 461.4, then use 461.4 as stoploss and 448.7 as target. However if you take a buy trade in stock , then use 461.4 as stoploss and 471.91 as target.

Share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Target 363.05
Downside Target 375.00
Downside Target 400.20
Downside Target 444.00
Upside Target 462.55
Upside Target 485.40
Upside Target 486.80
Upside Target 489.70
Upside Target 492.30
Upside Target 498.00
Upside Target 515.00

Intraday share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Intraday Target 443.25
Downside Intraday Target 431.8
Upside Intraday Target 474.9
Upside Intraday Target 495.1
Upside Intraday Target 463.45

Weekly technical analysis of Lumax Tech (LumaxTech)

Date Weekly Closing Price Open High Low Volume
09 Thu May 2024 454.70 475.05 483.65 452.00 0.687 times
03 Fri May 2024 477.35 492.30 492.30 471.00 0.502 times
26 Fri Apr 2024 479.35 480.35 515.00 467.90 1.483 times
19 Fri Apr 2024 463.60 457.00 476.65 444.00 0.928 times
12 Fri Apr 2024 464.55 486.80 486.80 462.55 0.592 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
09 Thu May 2024 454.70 478.25 485.40 452.00 0.157 times
30 Tue Apr 2024 478.75 490.00 515.00 444.00 0.598 times
28 Thu Mar 2024 484.05 483.80 489.70 400.20 0.444 times
29 Thu Feb 2024 480.90 409.50 498.00 375.00 6.791 times

Scroll below to view daily charts

Price has moved down 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 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 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 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 mid to longer 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

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

MACD generated a SELL signal for Lumax Tech in short term but the sell signal is initial and weak.

Lumax Tech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Lumax Tech in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 477.82 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.

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 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 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 mid to longer 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

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

MACD generated a SELL signal for Lumax Tech in short term but the sell signal is initial and weak.

Lumax Tech Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Lumax Tech in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 477.82 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.

Click here for Lumax Tech charts

Click here for further forecast and predictions for tomorrow

Daily charts

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