(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.
10 day averaged volume of Lumax Auto is 231785
|Date||Daily Closing Price||Open||High||Low||Volume|
|15 Thu Apr 2021||152.05||158.95||158.95||149.05||0.247 times|
|13 Tue Apr 2021||155.20||152.30||158.95||152.30||0.223 times|
|12 Mon Apr 2021||154.40||165.00||166.95||152.10||0.688 times|
|09 Fri Apr 2021||169.30||166.45||174.00||163.00||1.675 times|
|08 Thu Apr 2021||166.75||157.45||173.70||156.30||3.444 times|
|07 Wed Apr 2021||154.95||154.05||156.30||152.50||0.158 times|
|06 Tue Apr 2021||153.60||157.95||157.95||152.05||0.355 times|
|05 Mon Apr 2021||156.70||163.00||163.00||155.00||0.353 times|
|01 Thu Apr 2021||163.50||163.40||166.75||161.90||0.448 times|
|31 Wed Mar 2021||162.20||152.50||172.40||152.50||2.458 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 152.6, but if it comes above 152.6, then a intra day buy could be more profitable.
If you take a sell trade below 152.6, then use 152.6 as stoploss and 146.6 as target. However if you take a buy trade in stock , then use 152.6 as stoploss and 157.67 as target.
Share price targets for Lumax Auto (LUMAXTECH)
Intraday share price targets for Lumax Auto (LUMAXTECH)
|Downside Intraday Target||145.08|
|Downside Intraday Target||138.12|
|Upside Intraday Target||162.98|
|Upside Intraday Target||173.92|
|Upside Intraday Target||156.02|
Weekly technical analysis of Lumax Auto (LUMAXTECH)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|15 Thu Apr 2021||152.05||165.00||166.95||149.05||0.194 times|
|09 Fri Apr 2021||169.30||163.00||174.00||152.05||1.928 times|
|01 Thu Apr 2021||163.50||152.30||172.40||152.30||1.655 times|
|26 Fri Mar 2021||151.70||157.50||166.20||150.05||0.631 times|
|19 Fri Mar 2021||153.45||159.95||166.00||143.80||1.226 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|
|15 Thu Apr 2021||152.05||163.40||174.00||149.05||0.439 times|
|31 Wed Mar 2021||162.20||147.05||172.40||141.50||1.437 times|
|25 Thu Feb 2021||143.30||127.95||156.00||123.00||0.906 times|
|29 Fri Jan 2021||127.70||125.50||141.50||121.60||0.446 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||23, 25, 3||Sell|
Price action analysis of Lumax Auto ( (LUMAXTECH) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Lumax Auto ( (LUMAXTECH) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Lumax Auto ( (LUMAXTECH) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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.
Lumax Auto Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 SELL signal in short term but selling is losing 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 163.45 and Lumax Auto (LUMAXTECH) stock is trading below this level. This means that stock is falling with high volumes. 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.