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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 2024-04-12 View latest technical analysis

10 day averaged volume of Lumax Auto is 141530

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	465.00	475.70	475.70	462.75	0.504 times
10 Wed Apr 2024	469.85	477.00	479.90	467.50	0.614 times
09 Tue Apr 2024	477.55	474.00	484.10	474.00	0.546 times
08 Mon Apr 2024	474.00	477.10	481.05	471.35	0.893 times
05 Fri Apr 2024	477.05	490.70	493.85	476.00	1.266 times
04 Thu Apr 2024	490.70	494.10	494.95	484.00	0.6 times
03 Wed Apr 2024	490.75	500.00	500.00	487.90	1.333 times
02 Tue Apr 2024	495.50	489.00	502.30	483.25	1.446 times
01 Mon Apr 2024	487.10	494.00	498.00	483.35	0.867 times
28 Thu Mar 2024	483.20	486.10	489.85	479.95	0.802 times

My analysis of stock is bearish for shortterm, and stock might move down till 448.3 or till 424.9. Use a stoploss of 467.72 and if the stock hits stoploss, then it can shoot up till 487.18

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	362.50
Downside Target	398.70
Downside Target	437.70
Downside Target	456.15
Upside Target	476.00
Upside Target	476.70
Upside Target	484.10
Upside Target	489.85
Upside Target	498.90
Upside Target	502.30

Intraday share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Intraday Target	457.13
Downside Intraday Target	449.27
Upside Intraday Target	478.48
Upside Intraday Target	491.97
Upside Intraday Target	470.62

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	465.00	477.10	484.10	462.75	0.464 times
05 Fri Apr 2024	477.05	494.00	502.30	476.00	1.838 times
28 Thu Mar 2024	483.20	472.25	489.85	462.00	0.388 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

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
12 Fri Apr 2024	465.00	494.00	502.30	462.75	0.243 times
28 Thu Mar 2024	483.20	482.00	489.85	398.70	0.253 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

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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

Lumax Auto 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 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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 483.12 and Lumax Auto (LUMAXTECH) 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 Auto (LUMAXTECH) stock. Volume based technical analysis of Lumax Auto (LUMAXTECH) stock is negative.

Lumax Auto 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.