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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.

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)

Target Type Value
Downside Target 99.95
Downside Target 121.60
Downside Target 138.25
Downside Target 141.50
Downside Target 149.05
Upside Target 156.00
Upside Target 166.00
Upside Target 166.20
Upside Target 166.95
Upside Target 172.40
Upside Target 174.00

Intraday share price targets for Lumax Auto (LUMAXTECH)

Target Type Value
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
MACD 6, 8Sell
Stochastics 15Sell
CCI -89Sell
RSI 48Sell
OBV 1834829Sell
VWAP 163Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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.

Click here for Lumax Auto charts

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Daily charts

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