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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 2024-07-24 View latest technical analysis

10 day averaged volume of Lumax Auto is 159908

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	572.80	551.50	575.00	550.05	0.752 times
23 Tue Jul 2024	548.75	550.05	573.00	525.30	1.955 times
22 Mon Jul 2024	552.60	540.00	556.00	533.95	0.539 times
19 Fri Jul 2024	544.10	558.00	562.25	540.00	0.645 times
18 Thu Jul 2024	560.60	561.95	568.70	555.00	0.903 times
16 Tue Jul 2024	561.70	573.00	573.00	558.30	0.663 times
15 Mon Jul 2024	573.15	565.00	575.00	555.00	1.169 times
12 Fri Jul 2024	568.70	576.85	582.50	562.20	0.636 times
11 Thu Jul 2024	574.10	569.45	579.85	563.45	0.92 times
10 Wed Jul 2024	569.45	573.30	592.00	560.00	1.739 times

My analysis of stock is bullish for shortterm, and stock might move up till 584.3 or till 599.6. Use a stoploss of 571.6 and if this stock hits its stoploss, then it can fall down till 558.89

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	398.70
Downside Target	424.05
Downside Target	442.20
Downside Target	489.85
Downside Target	509.70
Downside Target	525.30
Downside Target	540.00
Downside Target	560.00
Upside Target	575.00
Upside Target	592.00
Upside Target	595.60
Upside Target	609.95

Intraday share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Intraday Target	540.4
Downside Intraday Target	508
Upside Intraday Target	590.1
Upside Intraday Target	607.4
Downside Intraday Target	557.7

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	572.80	540.00	575.00	525.30	0.96 times
19 Fri Jul 2024	544.10	565.00	575.00	540.00	0.611 times
12 Fri Jul 2024	568.70	582.00	592.00	560.00	0.74 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

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 Lumax Auto (LUMAXTECH)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	572.80	582.55	609.95	525.30	0.406 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining 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 562.56 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 falling down

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 has given negative 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.