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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 2024-11-07 View latest technical analysis

10 day averaged volume of Lumax Auto is 82910

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	521.25	530.00	541.00	518.90	1.032 times
06 Wed Nov 2024	527.65	515.55	531.25	515.55	0.624 times
05 Tue Nov 2024	520.05	517.65	523.20	509.65	0.496 times
04 Mon Nov 2024	513.70	529.75	529.75	511.50	0.713 times
01 Fri Nov 2024	529.00	527.40	530.10	521.95	0.144 times
31 Thu Oct 2024	521.95	525.80	525.80	515.05	0.419 times
30 Wed Oct 2024	525.90	494.20	530.65	490.00	2.091 times
29 Tue Oct 2024	493.15	495.25	500.95	488.25	1.036 times
28 Mon Oct 2024	495.40	504.45	504.50	469.75	2.591 times
25 Fri Oct 2024	504.40	516.30	516.30	496.10	1.175 times

My analysis of stock is bearish for shortterm, and stock might move down till 507.2 or till 477.2. Use a stoploss of 532.25 and if the stock hits stoploss, then it can shoot up till 557.28

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	469.75
Downside Target	496.10
Upside Target	525.30
Upside Target	544.10
Upside Target	558.65
Upside Target	569.70
Upside Target	575.05
Upside Target	584.95
Upside Target	596.25
Upside Target	609.95

Intraday share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Intraday Target	506.93
Downside Intraday Target	492.62
Upside Intraday Target	538.28
Upside Intraday Target	555.32
Upside Intraday Target	523.97

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Nov 2024	521.25	529.75	541.00	509.65	0.456 times
01 Fri Nov 2024	529.00	504.45	530.65	469.75	1.135 times
25 Fri Oct 2024	504.40	555.00	558.65	496.10	0.962 times
18 Fri Oct 2024	553.10	567.00	584.95	544.10	1.683 times
11 Fri Oct 2024	567.60	564.70	569.70	532.00	0.641 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 Thu Nov 2024	521.25	527.40	541.00	509.65	0.123 times
31 Thu Oct 2024	521.95	567.00	584.95	469.75	0.444 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 Weak and stock is losing momentum.

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

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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Lumax Auto in short term and BUY signal is strong.

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 510.91 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 negative.

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