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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 2024-07-25 View latest technical analysis

10 day averaged volume of Lumax Industries is 5994

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	2909.65	2852.00	2921.35	2852.00	0.436 times
24 Wed Jul 2024	2899.60	2887.25	2910.00	2825.00	1.157 times
23 Tue Jul 2024	2903.15	2905.00	2925.00	2782.00	1.123 times
22 Mon Jul 2024	2904.95	2813.00	2955.95	2770.00	0.812 times
19 Fri Jul 2024	2828.90	2915.00	2917.35	2811.75	0.852 times
18 Thu Jul 2024	2915.85	2800.00	2935.00	2798.75	1.053 times
16 Tue Jul 2024	2802.40	2881.00	2900.00	2793.30	1.675 times
15 Mon Jul 2024	2878.95	2910.80	2975.00	2875.00	0.893 times
12 Fri Jul 2024	2955.15	2903.00	2960.00	2880.05	0.831 times
11 Thu Jul 2024	2939.60	2926.45	2949.00	2906.80	0.517 times

My analysis of stock is bullish for shortterm, and stock might move up till 2946.6 or till 3016. Use a stoploss of 2888.85 and if this stock hits its stoploss, then it can fall down till 2831.06

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	2880.00
Upside Target	2910.00
Upside Target	2955.95
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	2801.12
Downside Intraday Target	2692.58
Upside Intraday Target	2987.07
Upside Intraday Target	3064.48
Downside Intraday Target	2878.53

Weekly technical analysis of Lumax Industries (LUMAXIND)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jul 2024	2909.65	2813.00	2955.95	2770.00	0.789 times
19 Fri Jul 2024	2828.90	2910.80	2975.00	2793.30	0.85 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

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
25 Thu Jul 2024	2909.65	2800.00	3018.00	2770.00	0.41 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 SELL. Signal strength is Weak 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 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 stronger in this stock.

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 and BUY 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 2884.11 and Lumax Industries (LUMAXIND) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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