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(LUMAXIND) Lumax Industries complete technical analysis [charts+indicators] | Buy/Sell Lumax Industries | (LUMAXIND) share price targets

Complete technical analysis of Lumax Industries (LUMAXIND) by charts plus indicators, forecast predictions and share price targets for Lumax Industries (LUMAXIND)

Lumax Industries trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Lumax Industries is 8520

Date Daily Closing Price Open High Low Volume
01 Fri Mar 2024 2349.85 2330.55 2378.95 2330.55 0.827 times
29 Thu Feb 2024 2312.95 2340.45 2348.00 2261.75 0.665 times
28 Wed Feb 2024 2333.90 2381.45 2381.45 2325.10 0.352 times
27 Tue Feb 2024 2363.70 2390.00 2391.20 2358.70 0.322 times
26 Mon Feb 2024 2373.75 2350.00 2415.50 2350.00 0.472 times
23 Fri Feb 2024 2350.10 2393.95 2520.00 2306.70 1.763 times
22 Thu Feb 2024 2382.40 2400.00 2428.95 2356.15 0.532 times
21 Wed Feb 2024 2410.90 2430.00 2449.30 2380.00 1.091 times
20 Tue Feb 2024 2425.65 2460.50 2507.45 2412.50 1.346 times
19 Mon Feb 2024 2449.20 2392.65 2465.30 2392.65 1.676 times

My analysis of stock is bearish for shortterm, and stock might move down till 2308 or till 2225.1. Use a stoploss of 2377.03 and if the stock hits stoploss, then it can shoot up till 2446.08

Share price targets for Lumax Industries (LUMAXIND)

Target Type Value
Downside Target 2121.00
Downside Target 2174.75
Downside Target 2261.75
Upside Target 2477.00
Upside Target 2489.90
Upside Target 2520.00
Upside Target 2565.45
Upside Target 2793.85
Upside Target 2798.95
Upside Target 2842.70

Intraday share price targets for Lumax Industries (LUMAXIND)

Target Type Value
Downside Intraday Target 2269.23
Downside Intraday Target 2188.62
Upside Intraday Target 2422.98
Upside Intraday Target 2496.12
Downside Intraday Target 2342.37

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date Weekly Closing Price Open High Low Volume
01 Fri Mar 2024 2349.85 2350.00 2415.50 2261.75 0.412 times
23 Fri Feb 2024 2350.10 2392.65 2520.00 2306.70 0.67 times
16 Fri Feb 2024 2372.75 2404.95 2477.00 2174.75 1.936 times
09 Fri Feb 2024 2382.80 2394.00 2565.45 2325.00 1.065 times
02 Fri Feb 2024 2394.70 2456.25 2489.90 2305.25 1.997 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 Industries (LUMAXIND)

Date Monthly Closing Price Open High Low Volume
01 Fri Mar 2024 2349.85 2330.55 2378.95 2330.55 0.031 times
29 Thu Feb 2024 2312.95 2478.50 2565.45 2174.75 1.212 times
31 Wed Jan 2024 2459.40 2464.00 2842.70 2352.00 1.224 times
29 Fri Dec 2023 2479.75 2754.90 2793.85 2398.00 0.38 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 Industries (LUMAXIND)

Price action analysis of Lumax Industries ( (LUMAXIND) ) 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 Industries ( (LUMAXIND) ) 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 Industries ( (LUMAXIND) ) 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 Industries ( (LUMAXIND) ) 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 Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Lumax Industries 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 Industries 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 below the red cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Lumax Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2387.26 and Lumax Industries (LUMAXIND) 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 Industries (LUMAXIND) stock. Volume based technical analysis of Lumax Industries (LUMAXIND) stock is negative.

Lumax Industries 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.

Price action analysis of Lumax Industries ( (LUMAXIND) ) 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 Industries ( (LUMAXIND) ) 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 Industries ( (LUMAXIND) ) 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 Industries ( (LUMAXIND) ) 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 Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Lumax Industries 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 Industries 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 below the red cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Lumax Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2387.26 and Lumax Industries (LUMAXIND) 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 Industries (LUMAXIND) stock. Volume based technical analysis of Lumax Industries (LUMAXIND) stock is negative.

Lumax Industries 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.

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Daily charts

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