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(LOKESHMACH_BE) Lokesh Machines complete technical analysis [charts+indicators] | Buy/Sell Lokesh Machines | (LOKESHMACH_BE) share price targets

Complete technical analysis of Lokesh Machines (LOKESHMACH_BE) by charts plus indicators, forecast predictions and share price targets for Lokesh Machines (LOKESHMACH_BE)

10 day averaged volume of Lokesh Machines is 26226

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 435.55 442.80 442.80 429.20 1.462 times
21 Tue May 2024 433.20 444.00 444.00 427.05 1.199 times
20 Mon May 2024 431.05 435.00 451.00 425.00 0.409 times
17 Fri May 2024 430.30 431.85 441.00 428.00 1.078 times
16 Thu May 2024 431.85 432.00 442.65 430.00 0.758 times

My analysis of stock is bearish for shortterm, and stock might move down till 425.9 or till 413. Use a stoploss of 436.59 and if the stock hits stoploss, then it can shoot up till 447.3

Share price targets for Lokesh Machines (LOKESHMACH_BE)

Target Type Value
Downside Target 175.10
Downside Target 182.90
Downside Target 204.00
Downside Target 210.00
Downside Target 400.75
Downside Target 412.00
Downside Target 425.00
Upside Target 451.00
Upside Target 452.95
Upside Target 454.90
Upside Target 462.00
Upside Target 464.90
Upside Target 465.50

Intraday share price targets for Lokesh Machines (LOKESHMACH_BE)

Target Type Value
Downside Intraday Target 423.37
Downside Intraday Target 411.18
Upside Intraday Target 449.37
Upside Intraday Target 463.18
Upside Intraday Target 437.18

Weekly technical analysis of Lokesh Machines (LOKESHMACH_BE)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 435.55 435.00 451.00 425.00 0.655 times
17 Fri May 2024 430.30 433.25 454.90 412.00 0.857 times
10 Fri May 2024 433.25 452.95 452.95 400.75 0.809 times
03 Fri May 2024 443.80 454.95 465.50 435.00 0.791 times
26 Fri Apr 2024 443.35 453.95 464.90 432.00 1.36 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 Lokesh Machines (LOKESHMACH_BE)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 435.55 459.45 462.00 400.75 1.272 times
30 Tue Apr 2024 450.35 453.95 465.50 432.00 0.355 times
22 Fri Sep 2023 193.80 184.35 204.00 175.50 0.761 times
31 Thu Aug 2023 182.45 194.00 210.00 175.10 1.075 times

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 Lokesh Machines (LOKESHMACH_BE)

Indicator Name Indicator Value Indicator Signal
ADX 26, 9, 50 Buy
MACD 82, 92Sell
Stochastics 59None
CCI 40Buy
RSI 73Buy
OBV 193760Sell
VWAP 433Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Lokesh Machines ( (LOKESHMACH_BE) ) 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 Lokesh Machines ( (LOKESHMACH_BE) ) 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 Lokesh Machines ( (LOKESHMACH_BE) ) based on a short to mid 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 Lokesh Machines ( (LOKESHMACH_BE) ) based on a mid to longer term time period is

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

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

Lokesh Machines 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Lokesh Machines 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 Lokesh Machines is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 433.1 and Lokesh Machines (LOKESHMACH_BE) 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 Lokesh Machines (LOKESHMACH_BE) stock. Volume based technical analysis of Lokesh Machines (LOKESHMACH_BE) stock is negative.

Lokesh Machines 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.

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