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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)

Lumax Auto trades in NSE in Auto Parts & Equipment sector.

10 day averaged volume of Lumax Auto is 198625

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	478.95	495.40	500.95	478.00	0.808 times
25 Thu Apr 2024	488.75	505.00	515.00	488.00	3.743 times
24 Wed Apr 2024	493.05	480.00	499.30	477.30	1.664 times
23 Tue Apr 2024	473.60	478.80	479.20	471.70	0.463 times
22 Mon Apr 2024	478.80	470.00	484.50	466.90	0.763 times
19 Fri Apr 2024	463.65	459.70	470.00	448.95	0.652 times
18 Thu Apr 2024	457.80	471.85	471.90	455.50	0.419 times
16 Tue Apr 2024	468.85	450.00	478.45	447.10	0.783 times
15 Mon Apr 2024	452.95	455.00	462.20	442.20	0.716 times
12 Fri Apr 2024	465.00	475.70	475.70	462.75	0.359 times

My analysis of stock is bullish for shortterm, and stock might move up till 488.9 or till 502.7. Use a stoploss of 477.3 and if this stock hits its stoploss, then it can fall down till 465.74

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	362.50
Downside Target	398.70
Downside Target	442.20
Downside Target	462.00
Downside Target	478.45
Upside Target	484.10
Upside Target	489.85
Upside Target	498.90
Upside Target	502.30
Upside Target	515.00

Intraday share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Intraday Target	458.9
Downside Intraday Target	438.85
Upside Intraday Target	507
Upside Intraday Target	535.05
Upside Intraday Target	486.95

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	478.95	470.00	515.00	466.90	2.896 times
19 Fri Apr 2024	463.65	455.00	478.45	442.20	1.41 times
12 Fri Apr 2024	465.00	477.10	484.10	462.75	0.464 times
05 Fri Apr 2024	477.05	494.00	502.30	476.00	1.838 times
28 Thu Mar 2024	483.20	472.25	489.85	462.00	0.388 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 Auto (LUMAXTECH)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	478.95	494.00	515.00	442.20	0.666 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
31 Wed Jan 2024	389.70	386.45	403.95	362.50	0.94 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 Auto (LUMAXTECH)

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Lumax Auto ( (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 Auto stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Lumax Auto in short term and the buy signal is strong.

Lumax Auto 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 tired and bears are picking up momentum.

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 Auto in short term but SELL signal is weak.

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 Auto is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 479.64 and Lumax Auto (LUMAXTECH) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.