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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 2024-10-30 View latest technical analysis

10 day averaged volume of Lumax Auto is 92624

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	525.90	494.20	530.65	490.00	1.871 times
29 Tue Oct 2024	493.15	495.25	500.95	488.25	0.928 times
28 Mon Oct 2024	495.40	504.45	504.50	469.75	2.319 times
25 Fri Oct 2024	504.40	516.30	516.30	496.10	1.052 times
24 Thu Oct 2024	511.20	521.45	525.30	508.10	0.636 times
23 Wed Oct 2024	520.15	524.20	531.90	512.50	0.631 times
22 Tue Oct 2024	519.95	551.00	551.00	515.25	1.856 times
21 Mon Oct 2024	545.50	555.00	558.65	537.10	0.778 times
18 Fri Oct 2024	553.10	569.50	569.50	551.05	0.606 times
17 Thu Oct 2024	564.60	575.60	577.00	561.00	0.75 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 516.7 as stoploss in an intra day buy trade for a target of 542.72. However, stock will show a bearish move below 516.7.

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	424.05
Downside Target	469.75
Downside Target	496.10
Downside Target	513.95
Downside Target	525.30
Upside Target	544.10
Upside Target	575.05
Upside Target	576.50
Upside Target	584.95
Upside Target	595.60
Upside Target	596.25
Upside Target	609.95

Intraday share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Intraday Target	486.88
Downside Intraday Target	447.87
Upside Intraday Target	547.78
Upside Intraday Target	569.67
Downside Intraday Target	508.77

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	525.90	504.45	530.65	469.75	1.034 times
25 Fri Oct 2024	504.40	555.00	558.65	496.10	0.962 times
18 Fri Oct 2024	553.10	567.00	584.95	544.10	1.683 times
11 Fri Oct 2024	567.60	564.70	569.70	532.00	0.641 times
04 Fri Oct 2024	556.35	576.50	576.50	548.05	0.318 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
30 Wed Oct 2024	525.90	567.00	584.95	469.75	0.437 times
30 Mon Sep 2024	562.40	528.50	596.25	500.20	2.083 times
30 Fri Aug 2024	526.25	568.40	575.05	513.95	0.616 times
31 Wed Jul 2024	562.80	582.55	609.95	525.30	0.459 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Lumax Auto stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Lumax Auto in short term but BUY signal is weak.

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 518.29 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 negative.

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