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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.

Showing technical analysis as on 2024-03-26 View latest technical analysis

10 day averaged volume of Lumax Auto is 232178

Date	Daily Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	466.25	472.25	476.20	462.00	0.344 times
22 Fri Mar 2024	471.95	461.00	476.70	458.85	0.95 times
21 Thu Mar 2024	461.65	454.80	470.00	453.50	0.626 times
20 Wed Mar 2024	452.95	456.50	463.85	445.00	0.705 times
19 Tue Mar 2024	456.20	466.00	467.00	453.70	0.781 times
18 Mon Mar 2024	461.40	437.70	464.00	437.70	1.648 times
15 Fri Mar 2024	441.50	436.90	444.00	419.70	0.819 times
14 Thu Mar 2024	437.25	415.70	439.95	398.70	1.023 times
13 Wed Mar 2024	415.70	442.00	455.05	405.25	1.953 times
12 Tue Mar 2024	433.00	437.05	444.40	425.25	0.826 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 474.4 as stoploss in an intra day sell trade for a target of 456.96. However, stock will show a bullish move above 474.4.

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	352.35
Downside Target	362.50
Downside Target	398.70
Downside Target	437.70
Downside Target	456.15
Downside Target	462.00
Upside Target	476.20
Upside Target	476.70
Upside Target	487.50
Upside Target	487.80
Upside Target	498.85
Upside Target	498.90

Intraday share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Intraday Target	460.1
Downside Intraday Target	453.95
Upside Intraday Target	474.3
Upside Intraday Target	482.35
Upside Intraday Target	468.15

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Tue Mar 2024	466.25	472.25	476.20	462.00	0.073 times
22 Fri Mar 2024	471.95	437.70	476.70	437.70	0.89 times
15 Fri Mar 2024	441.50	453.90	456.15	398.70	0.997 times
07 Thu Mar 2024	451.05	480.00	487.50	445.90	0.15 times
02 Sat Mar 2024	480.20	475.00	498.85	445.60	3.066 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
26 Tue Mar 2024	466.25	482.00	487.80	398.70	0.234 times
29 Thu Feb 2024	480.85	410.00	498.90	374.55	6.299 times
31 Wed Jan 2024	389.70	386.45	403.95	362.50	0.94 times
29 Fri Dec 2023	385.50	393.95	406.75	368.00	0.97 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)

Price action analysis of Lumax Auto ( (LUMAXTECH) ) based on a short 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 Auto ( (LUMAXTECH) ) 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Lumax Auto in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Lumax Auto Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Lumax Auto in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 445.7 and Lumax Auto (LUMAXTECH) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 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.