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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 2024-11-27 View latest technical analysis

10 day averaged volume of Lumax Auto is 102708

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	520.10	533.00	548.00	517.20	3.532 times
26 Tue Nov 2024	512.80	504.75	514.00	504.75	0.301 times
25 Mon Nov 2024	503.30	509.20	513.85	501.10	0.561 times
22 Fri Nov 2024	501.90	506.40	506.40	499.50	0.374 times
21 Thu Nov 2024	501.40	501.50	506.50	498.00	0.334 times
19 Tue Nov 2024	509.15	506.85	516.60	504.10	0.366 times
18 Mon Nov 2024	506.85	517.85	517.90	497.10	1.751 times
14 Thu Nov 2024	513.50	525.95	535.40	506.00	4.878 times
13 Wed Nov 2024	483.60	507.15	507.90	480.00	0.6 times
12 Tue Nov 2024	507.95	515.95	515.95	507.10	0.566 times

Stock of Lumax Auto (LUMAXTECH) has showed a significant upmove. This could be a good time to enter in this stock!

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 523.2 as stoploss in an intra day sell trade for a target of 511.91. However, stock will show a bullish move above 523.2.

Share price targets for Lumax Auto (LUMAXTECH)

Target Type	Value
Downside Target	469.75
Downside Target	480.00
Downside Target	497.10
Upside Target	535.40
Upside Target	541.00
Upside Target	548.00
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	498.13
Downside Intraday Target	476.17
Upside Intraday Target	545.03
Upside Intraday Target	569.97
Upside Intraday Target	523.07

Weekly technical analysis of Lumax Auto (LUMAXTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	520.10	509.20	548.00	501.10	1.556 times
22 Fri Nov 2024	501.90	517.85	517.90	497.10	0.447 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Lumax Auto (LUMAXTECH)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	520.10	527.40	548.00	480.00	0.828 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 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 short to mid 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 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 BUY. Signal strength is Strong and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 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 511.59 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.