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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 2024-11-18 View latest technical analysis

10 day averaged volume of Lumax Auto is 93570

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	506.85	517.85	517.90	497.10	1.922 times
14 Thu Nov 2024	513.50	525.95	535.40	506.00	5.354 times
13 Wed Nov 2024	483.60	507.15	507.90	480.00	0.659 times
12 Tue Nov 2024	507.95	515.95	515.95	507.10	0.622 times
11 Mon Nov 2024	509.60	517.45	517.45	506.05	0.295 times
08 Fri Nov 2024	515.45	522.00	524.95	512.05	0.404 times
07 Thu Nov 2024	521.25	530.00	541.00	518.90	0.914 times
06 Wed Nov 2024	527.65	515.55	531.25	515.55	0.552 times
05 Tue Nov 2024	520.05	517.65	523.20	509.65	0.44 times
04 Mon Nov 2024	513.70	529.75	529.75	511.50	0.632 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 500.7 as stoploss in an intra day buy trade for a target of 514.31. However, stock will show a bearish move below 500.7.

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	469.75
Downside Target	480.00
Downside Target	496.10
Upside Target	535.40
Upside Target	541.00
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	496.67
Downside Intraday Target	486.48
Upside Intraday Target	517.47
Upside Intraday Target	528.08
Upside Intraday Target	507.28

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	506.85	517.85	517.90	497.10	0.277 times
14 Thu Nov 2024	513.50	517.45	535.40	480.00	2.355 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

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
18 Mon Nov 2024	506.85	527.40	541.00	480.00	0.551 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Lumax Auto Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 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 511.94 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.