Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-15 View latest technical analysis

10 day averaged volume of Lumax Industries is 7828

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	2878.95	2910.80	2975.00	2875.00	0.684 times
12 Fri Jul 2024	2955.15	2903.00	2960.00	2880.05	0.636 times
11 Thu Jul 2024	2939.60	2926.45	2949.00	2906.80	0.396 times
10 Wed Jul 2024	2926.45	2953.70	2953.70	2880.00	0.834 times
09 Tue Jul 2024	2967.40	2981.90	2981.90	2927.60	0.541 times
08 Mon Jul 2024	2959.30	3018.00	3018.00	2945.00	1.624 times
05 Fri Jul 2024	2927.80	2920.60	2952.70	2891.00	0.82 times
04 Thu Jul 2024	2920.35	2901.20	2977.70	2875.00	2.725 times
03 Wed Jul 2024	2900.35	2896.45	2923.90	2836.05	0.884 times
02 Tue Jul 2024	2874.25	2790.40	2888.00	2790.40	1.015 times

My analysis of stock is bullish for shortterm, and stock might move up till 2936.7 or till 3007.6. Use a stoploss of 2877.63 and if this stock hits its stoploss, then it can fall down till 2818.54

Share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Target	2130.00
Downside Target	2306.10
Downside Target	2401.00
Downside Target	2742.20
Downside Target	2875.00
Upside Target	2910.00
Upside Target	2975.00
Upside Target	2977.70
Upside Target	3018.00
Upside Target	3033.80

Intraday share price targets for Lumax Industries (LUMAXIND)

Target Type	Value
Downside Intraday Target	2844.3
Downside Intraday Target	2809.65
Upside Intraday Target	2944.3
Upside Intraday Target	3009.65
Upside Intraday Target	2909.65

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	2878.95	2910.80	2975.00	2875.00	0.17 times
12 Fri Jul 2024	2955.15	3018.00	3018.00	2880.00	0.675 times
05 Fri Jul 2024	2927.80	2800.00	2977.70	2775.15	1.251 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

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
15 Mon Jul 2024	2878.95	2800.00	3018.00	2775.15	0.271 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 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 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 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 gaining momentum.

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

Lumax Industries 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Lumax Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 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 2923.98 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 is giving positive 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.