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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 2024-11-13 View latest technical analysis

10 day averaged volume of Lumax Auto is 58121

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	483.60	507.15	507.90	480.00	1.06 times
12 Tue Nov 2024	507.95	515.95	515.95	507.10	1.001 times
11 Mon Nov 2024	509.60	517.45	517.45	506.05	0.475 times
08 Fri Nov 2024	515.45	522.00	524.95	512.05	0.65 times
07 Thu Nov 2024	521.25	530.00	541.00	518.90	1.472 times
06 Wed Nov 2024	527.65	515.55	531.25	515.55	0.889 times
05 Tue Nov 2024	520.05	517.65	523.20	509.65	0.708 times
04 Mon Nov 2024	513.70	529.75	529.75	511.50	1.018 times
01 Fri Nov 2024	529.00	527.40	530.10	521.95	0.206 times
31 Thu Oct 2024	521.95	525.80	525.80	515.05	0.598 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 477.5, for a target of 500.2 or 519.18

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	469.75
Downside Target	480.00
Upside Target	496.10
Upside Target	541.00
Upside Target	544.10
Upside Target	558.65
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	469.92
Downside Intraday Target	456.23
Upside Intraday Target	507.37
Upside Intraday Target	531.13
Upside Intraday Target	493.68

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	483.60	517.45	517.45	480.00	0.536 times
08 Fri Nov 2024	515.45	529.75	541.00	509.65	0.529 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

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
13 Wed Nov 2024	483.60	527.40	541.00	480.00	0.215 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 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 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 gaining momentum.

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

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 red color and prices are below the red 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 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 513.41 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 negative.

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