Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-20 View latest technical analysis

10 day averaged volume of Lumax Auto is 133894

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	524.75	530.30	535.75	517.30	0.939 times
19 Mon Aug 2024	530.30	525.00	533.95	520.65	0.576 times
16 Fri Aug 2024	519.70	532.70	532.70	513.95	0.628 times
14 Wed Aug 2024	520.70	539.15	545.00	516.20	0.922 times
13 Tue Aug 2024	539.00	553.85	553.85	536.80	0.738 times
12 Mon Aug 2024	546.40	560.00	566.50	540.05	1.428 times
09 Fri Aug 2024	567.55	565.00	569.20	558.65	0.453 times
08 Thu Aug 2024	560.85	570.00	570.00	559.00	0.452 times
07 Wed Aug 2024	572.75	560.15	575.05	555.00	1.256 times
06 Tue Aug 2024	559.50	537.00	567.65	526.45	2.253 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 532.8, but if it comes above 532.8, then a intra day buy could be more profitable.
If you take a sell trade below 532.8, then use 532.8 as stoploss and 509.4 as target. However if you take a buy trade in stock , then use 532.8 as stoploss and 552.36 as target.

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	424.05
Downside Target	442.20
Downside Target	509.70
Upside Target	536.30
Upside Target	566.50
Upside Target	575.05
Upside Target	584.90
Upside Target	589.20
Upside Target	595.60
Upside Target	609.95

Intraday share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Intraday Target	516.12
Downside Intraday Target	507.48
Upside Intraday Target	534.57
Upside Intraday Target	544.38
Upside Intraday Target	525.93

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	524.75	525.00	535.75	517.30	0.408 times
16 Fri Aug 2024	519.70	560.00	566.50	513.95	0.651 times
09 Fri Aug 2024	567.55	536.55	575.05	518.00	1.93 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

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
20 Tue Aug 2024	524.75	568.40	575.05	513.95	0.463 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Lumax Auto Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 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 546.73 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 negative.

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