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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 2024-07-29 View latest technical analysis

10 day averaged volume of Lumax Auto is 136114

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	574.15	579.70	589.20	568.05	0.553 times
26 Fri Jul 2024	575.90	573.70	584.90	570.50	0.862 times
25 Thu Jul 2024	573.70	564.20	577.80	564.20	0.606 times
24 Wed Jul 2024	572.80	551.50	575.00	550.05	0.883 times
23 Tue Jul 2024	548.75	550.05	573.00	525.30	2.296 times
22 Mon Jul 2024	552.60	540.00	556.00	533.95	0.633 times
19 Fri Jul 2024	544.10	558.00	562.25	540.00	0.757 times
18 Thu Jul 2024	560.60	561.95	568.70	555.00	1.061 times
16 Tue Jul 2024	561.70	573.00	573.00	558.30	0.779 times
15 Mon Jul 2024	573.15	565.00	575.00	555.00	1.374 times

My analysis of stock is bullish for shortterm, and stock might move up till 582 or till 596. Use a stoploss of 570.27 and if this stock hits its stoploss, then it can fall down till 558.57

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	584.90
Upside Target	589.20
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	565.07
Downside Intraday Target	555.98
Upside Intraday Target	586.22
Upside Intraday Target	598.28
Upside Intraday Target	577.13

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	574.15	579.70	589.20	568.05	0.105 times
26 Fri Jul 2024	575.90	540.00	584.90	525.30	1.33 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

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
29 Mon Jul 2024	574.15	582.55	609.95	525.30	0.441 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 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 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 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 green color and prices are above the green cloud Prices appear to be coming down

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

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 561.9 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 positive

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