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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 2024-10-16 View latest technical analysis

10 day averaged volume of Lumax Auto is 89059

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	572.65	578.60	578.65	566.00	0.463 times
15 Tue Oct 2024	576.50	565.95	577.90	565.95	1.058 times
14 Mon Oct 2024	561.20	567.00	584.95	544.10	2.423 times
11 Fri Oct 2024	567.60	566.05	569.70	561.60	0.382 times
10 Thu Oct 2024	561.35	568.00	569.70	559.00	0.458 times
09 Wed Oct 2024	563.90	558.55	567.30	555.95	0.509 times
08 Tue Oct 2024	554.50	540.00	555.75	537.75	0.549 times
07 Mon Oct 2024	545.05	564.70	564.70	532.00	1.283 times
04 Fri Oct 2024	556.35	564.90	567.95	548.05	1.227 times
03 Thu Oct 2024	561.95	572.15	573.90	557.55	1.424 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 575.7 as stoploss in an intra day sell trade for a target of 567.21. However, stock will show a bullish move above 575.7.

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	424.05
Downside Target	500.20
Downside Target	513.95
Downside Target	525.30
Downside Target	543.25
Downside Target	569.40
Upside Target	584.95
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	549.52
Downside Intraday Target	526.38
Upside Intraday Target	590.37
Upside Intraday Target	608.08
Downside Intraday Target	567.23

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	572.65	567.00	584.95	544.10	1.239 times
11 Fri Oct 2024	567.60	564.70	569.70	532.00	0.641 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

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 Auto (LUMAXTECH)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	572.65	567.00	584.95	532.00	0.204 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 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 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 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 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 560.8 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 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 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.