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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.

Showing technical analysis as on 2024-07-09 View latest technical analysis

10 day averaged volume of Lumax Auto is 346324

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	573.30	568.90	577.50	564.35	0.383 times
08 Mon Jul 2024	566.80	582.00	589.85	564.00	0.648 times
05 Fri Jul 2024	577.90	578.70	598.50	575.20	0.728 times
04 Thu Jul 2024	576.70	587.15	594.45	576.00	0.527 times
03 Wed Jul 2024	585.40	591.90	604.00	582.35	0.702 times
02 Tue Jul 2024	593.10	585.80	609.95	578.60	1.091 times
01 Mon Jul 2024	582.45	582.55	589.00	578.00	0.399 times
28 Fri Jun 2024	582.90	578.00	587.45	574.00	0.51 times
27 Thu Jun 2024	578.15	588.00	592.15	576.00	1.308 times
26 Wed Jun 2024	589.40	557.95	595.60	556.35	2.848 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 583.5 as stoploss in an intra day sell trade for a target of 553.36. However, stock will show a bullish move above 583.5.

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	398.70
Downside Target	424.05
Downside Target	442.20
Downside Target	489.40
Downside Target	499.85
Downside Target	535.60
Downside Target	564.00
Upside Target	575.20
Upside Target	589.85
Upside Target	595.60
Upside Target	609.95

Intraday share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Intraday Target	561.58
Downside Intraday Target	549.87
Upside Intraday Target	587.43
Upside Intraday Target	601.57
Upside Intraday Target	575.72

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	573.30	582.00	589.85	564.00	0.299 times
05 Fri Jul 2024	577.90	582.55	609.95	575.20	0.444 times
28 Fri Jun 2024	582.90	510.00	595.60	510.00	2.081 times
21 Fri Jun 2024	518.95	531.30	544.80	499.85	0.631 times
14 Fri Jun 2024	531.65	508.20	535.60	489.40	1.203 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
09 Tue Jul 2024	573.30	582.55	609.95	564.00	0.201 times
28 Fri Jun 2024	582.90	492.00	595.60	424.05	2.363 times
31 Fri May 2024	485.30	478.80	509.70	450.70	0.983 times
30 Tue Apr 2024	478.10	494.00	515.00	442.20	0.708 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 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 Auto ( (LUMAXTECH) ) 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 Lumax Auto ( (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 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 SELL signal for Lumax Auto in short term but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Lumax Auto 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 583.34 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.