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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 2024-08-07 View latest technical analysis

10 day averaged volume of Lumax Auto is 119122

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	572.75	560.15	575.05	555.00	1.412 times
06 Tue Aug 2024	559.50	537.00	567.65	526.45	2.532 times
05 Mon Aug 2024	522.10	536.55	548.35	518.00	1.456 times
02 Fri Aug 2024	554.90	545.00	562.75	536.30	0.648 times
01 Thu Aug 2024	549.00	568.40	568.40	545.40	0.877 times
31 Wed Jul 2024	562.80	571.00	578.00	561.05	0.755 times
30 Tue Jul 2024	571.65	579.90	579.90	569.55	0.414 times
29 Mon Jul 2024	574.15	579.70	589.20	568.05	0.631 times
26 Fri Jul 2024	575.90	573.70	584.90	570.50	0.985 times
25 Thu Jul 2024	573.70	564.20	577.80	564.20	0.693 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 575.5 as stoploss in an intra day sell trade for a target of 562.12. However, stock will show a bullish move above 575.5.

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	424.05
Downside Target	442.20
Downside Target	509.70
Downside Target	536.30
Downside Target	560.00
Upside Target	575.00
Upside Target	575.05
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	535.48
Downside Intraday Target	498.22
Upside Intraday Target	592.53
Upside Intraday Target	612.32
Downside Intraday Target	555.27

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	572.75	536.55	575.05	518.00	1.624 times
02 Fri Aug 2024	554.90	579.70	589.20	536.30	0.551 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

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
07 Wed Aug 2024	572.75	568.40	575.05	518.00	0.232 times
31 Wed Jul 2024	562.80	582.55	609.95	525.30	0.459 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

Scroll below to view daily charts

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)

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 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 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 SELL. Signal strength is Weak and stock is losing 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 positive zone. This is a BUY 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 559 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 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.