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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 2024-10-07 View latest technical analysis

10 day averaged volume of Lumax Auto is 213148

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	545.05	564.70	564.70	532.00	0.536 times
04 Fri Oct 2024	556.35	564.90	567.95	548.05	0.513 times
03 Thu Oct 2024	561.95	572.15	573.90	557.55	0.595 times
01 Tue Oct 2024	572.20	567.00	573.70	565.35	0.286 times
30 Mon Sep 2024	562.40	576.50	576.50	554.95	0.681 times
27 Fri Sep 2024	572.55	582.45	582.45	570.40	0.381 times
26 Thu Sep 2024	573.85	580.00	582.45	569.40	0.435 times
25 Wed Sep 2024	574.55	579.70	579.70	570.05	0.889 times
24 Tue Sep 2024	573.90	582.00	584.00	571.05	1.017 times
23 Mon Sep 2024	577.70	582.95	596.25	574.80	3.811 times

My analysis of stock is bearish for shortterm, and stock might move down till 529.9 or till 500.6. Use a stoploss of 554.33 and if the stock hits stoploss, then it can shoot up till 578.74

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	424.05
Downside Target	500.20
Downside Target	513.95
Downside Target	525.00
Downside Target	543.25
Upside Target	564.70
Upside Target	575.05
Upside Target	576.50
Upside Target	589.50
Upside Target	595.60
Upside Target	596.25
Upside Target	609.95

Intraday share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Intraday Target	529.8
Downside Intraday Target	514.55
Upside Intraday Target	562.5
Upside Intraday Target	579.95
Upside Intraday Target	547.25

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	545.05	564.70	564.70	532.00	0.258 times
04 Fri Oct 2024	556.35	576.50	576.50	548.05	0.318 times
27 Fri Sep 2024	572.55	582.95	596.25	569.40	0.603 times
20 Fri Sep 2024	566.35	562.00	589.50	543.25	5.367 times
13 Fri Sep 2024	520.80	520.00	525.00	500.20	1.533 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
07 Mon Oct 2024	545.05	567.00	573.90	532.00	0.09 times
30 Mon Sep 2024	562.40	528.50	596.25	500.20	2.083 times
30 Fri Aug 2024	526.25	568.40	575.05	513.95	0.616 times
31 Wed Jul 2024	562.80	582.55	609.95	525.30	0.459 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 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 Auto ( (LUMAXTECH) ) based on a mid to longer 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.

ADX buy sell signal for Lumax Auto stock for short term is SELL. Signal strength is Strong 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 in or below 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 but buying is losing 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 571.13 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.