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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 15286

Date Daily Closing Price Open High Low Volume
20 Fri Sep 2024 566.70 583.00 589.35 564.00 0.652 times
19 Thu Sep 2024 577.00 575.45 583.00 559.35 0.669 times
18 Wed Sep 2024 570.85 561.60 577.00 557.55 1.478 times
17 Tue Sep 2024 558.50 581.20 581.20 542.85 1.166 times
16 Mon Sep 2024 570.20 553.75 574.40 549.65 3.112 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 556.8, but if it comes below 556.8, then a intra day sell could be more profitable.
If you take a sell trade below 556.8, then use 556.8 as stoploss and 535.1 as target. However if you take a buy trade in stock , then use 556.8 as stoploss and 582.9 as target.

Share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Target 431.00
Downside Target 448.80
Downside Target 501.50
Downside Target 542.85
Downside Target 549.10
Downside Target 559.00
Upside Target 584.00
Upside Target 589.35
Upside Target 595.00
Upside Target 608.15

Intraday share price targets for Lumax Tech (LumaxTech)

Target Type Value
Downside Intraday Target 543.25
Downside Intraday Target 519.8
Upside Intraday Target 589.75
Upside Intraday Target 612.8
Downside Intraday Target 566.3

Weekly technical analysis of Lumax Tech (LumaxTech)

Date Weekly Closing Price Open High Low Volume
20 Fri Sep 2024 566.70 553.75 589.35 542.85 2.422 times
13 Fri Sep 2024 520.70 517.40 524.15 501.50 0.811 times
06 Fri Sep 2024 517.55 528.00 535.45 515.00 3.129 times
30 Fri Aug 2024 525.60 540.00 559.00 524.10 0.428 times
23 Fri Aug 2024 539.00 520.85 549.10 519.50 1.334 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
20 Fri Sep 2024 566.70 528.00 589.35 501.50 1.511 times
30 Fri Aug 2024 525.60 560.00 584.00 514.00 0.427 times
31 Wed Jul 2024 563.20 584.65 608.15 525.55 0.674 times
28 Fri Jun 2024 583.00 494.85 595.00 431.00 1.778 times

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

Indicators analysis of Lumax Tech (LumaxTech)

Indicator Name Indicator Value Indicator Signal
ADX 29, 9, 54 Buy
MACD 10, 1Buy
Stochastics 85Buy
CCI 79Buy
RSI 62Buy
OBV -5797Sell
VWAP 553Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

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 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 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 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 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 buy signal for Lumax Tech in short term and BUY 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 552.68 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

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