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(LUMAXTECH) Lumax Auto complete technical analysis [charts+indicators] | Buy/Sell Lumax Auto | (LUMAXTECH) share price targets

Complete technical analysis of Lumax Auto (LUMAXTECH) by charts plus indicators, forecast predictions and share price targets for Lumax Auto (LUMAXTECH)

10 day averaged volume of Lumax Auto is 88902

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 479.30 476.95 485.00 474.10 1.254 times
20 Mon May 2024 476.95 482.45 484.50 474.10 0.32 times
17 Fri May 2024 481.40 478.40 488.35 475.10 1.344 times
16 Thu May 2024 476.60 475.05 486.10 466.10 1.37 times
15 Wed May 2024 468.15 470.90 474.70 465.00 0.836 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 483.6 as stoploss in an intra day sell trade for a target of 474.76. However, stock will show a bullish move above 483.6.

Share price targets for Lumax Auto (LUMAXTECH)

Target Type Value
Downside Target 362.50
Downside Target 374.55
Downside Target 398.70
Downside Target 442.20
Downside Target 466.90
Upside Target 483.95
Upside Target 488.35
Upside Target 489.85
Upside Target 490.60
Upside Target 498.90
Upside Target 515.00

Intraday share price targets for Lumax Auto (LUMAXTECH)

Target Type Value
Downside Intraday Target 473.93
Downside Intraday Target 468.57
Upside Intraday Target 484.83
Upside Intraday Target 490.37
Upside Intraday Target 479.47

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 479.30 482.45 485.00 474.10 0.294 times
17 Fri May 2024 481.40 471.20 488.35 450.70 1.01 times
10 Fri May 2024 473.75 482.00 483.95 451.80 1.233 times
03 Fri May 2024 478.10 490.00 490.60 470.50 0.259 times
26 Fri Apr 2024 478.95 470.00 515.00 466.90 2.896 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 Auto (LUMAXTECH)

Date Monthly Closing Price Open High Low Volume
21 Tue May 2024 479.30 478.80 488.35 450.70 0.383 times
30 Tue Apr 2024 478.10 494.00 515.00 442.20 0.708 times
28 Thu Mar 2024 483.20 482.00 489.85 398.70 0.253 times
29 Thu Feb 2024 480.85 410.00 498.90 374.55 6.299 times

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 Auto (LUMAXTECH)

Indicator Name Indicator Value Indicator Signal
ADX 17, 12, 16 Buy
MACD 6, 5Buy
Stochastics 76Buy
CCI 88Buy
RSI 59Buy
OBV -519196Sell
VWAP 471Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Lumax Auto ( (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 Auto ( (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 Auto ( (LUMAXTECH) ) based on a short to mid term time period is

Price action analysis of Lumax Auto ( (LUMAXTECH) ) based on a mid to longer term time period is

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

MACD generated a BUY signal for Lumax Auto 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 Auto 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 moving up

CCI has generated a buy signal for Lumax Auto 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

Stock of Lumax Auto is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 471.44 and Lumax Auto (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 Auto (LUMAXTECH) stock. Volume based technical analysis of Lumax Auto (LUMAXTECH) stock is negative.

Lumax Auto Stock is giving positive 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 Auto charts

Click here for further forecast and predictions for tomorrow

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