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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 2024-07-01 View latest technical analysis

10 day averaged volume of Lumax Industries is 14496

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	2809.85	2800.00	2820.00	2775.15	0.284 times
28 Fri Jun 2024	2780.30	2785.90	2839.35	2757.55	0.311 times
27 Thu Jun 2024	2772.75	2806.40	2806.40	2742.20	0.479 times
26 Wed Jun 2024	2791.35	2852.00	2852.85	2780.00	0.592 times
25 Tue Jun 2024	2852.95	2871.95	2883.70	2796.05	0.75 times
24 Mon Jun 2024	2849.95	2846.15	2895.10	2810.10	0.444 times
21 Fri Jun 2024	2846.15	2909.10	2924.95	2803.95	0.684 times
20 Thu Jun 2024	2908.90	2844.35	3033.80	2844.35	4.576 times
19 Wed Jun 2024	2839.35	2852.25	2964.95	2805.10	0.884 times
18 Tue Jun 2024	2851.40	2824.75	2872.45	2792.55	0.905 times

My analysis of stock is bullish for shortterm, and stock might move up till 2870.5 or till 3005.4. Use a stoploss of 2758.09 and if this stock hits its stoploss, then it can fall down till 2645.66

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2130.00
Downside Target	2306.10
Downside Target	2401.00
Downside Target	2627.30
Downside Target	2713.75
Upside Target	2820.00
Upside Target	2895.10
Upside Target	2910.00
Upside Target	2924.70
Upside Target	3033.80

Intraday share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Intraday Target	2783.33
Downside Intraday Target	2756.82
Upside Intraday Target	2828.18
Upside Intraday Target	2846.52
Downside Intraday Target	2801.67

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	2809.85	2800.00	2820.00	2775.15	0.11 times
28 Fri Jun 2024	2780.30	2846.15	2895.10	2742.20	0.365 times
21 Fri Jun 2024	2846.15	2824.75	3033.80	2792.55	1.114 times
14 Fri Jun 2024	2819.80	2735.00	2924.70	2627.30	1.194 times
07 Fri Jun 2024	2690.65	2610.40	2713.75	2306.10	0.53 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 Industries (LUMAXIND)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Mon Jul 2024	2809.85	2800.00	2820.00	2775.15	0.013 times
28 Fri Jun 2024	2780.30	2610.40	3033.80	2306.10	1.022 times
31 Fri May 2024	2569.00	2571.55	2910.00	2401.00	2.255 times
30 Tue Apr 2024	2551.95	2410.00	2766.90	2351.00	0.77 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 to mid 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.

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

MACD generated a SELL signal for Lumax Industries in short term but the sell signal is initial and weak.

Lumax Industries 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 green color and prices are above the green 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2865.76 and Lumax Industries (LUMAXIND) 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 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 positive

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