(LumaxInd) Lumax Ind complete technical analysis [charts+indicators] | Buy/Sell Lumax Ind | (LumaxInd) share price targets
Complete technical analysis of Lumax Ind (LumaxInd) by charts plus indicators, forecast predictions and share price targets for Lumax Ind (LumaxInd)
Showing technical analysis as on 2024-09-12 View latest technical analysis
10 day averaged volume of Lumax Ind is 705
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 2688.45 | 2810.00 | 2812.10 | 2677.55 | 3.156 times |
| 11 Wed Sep 2024 | 2816.40 | 2852.00 | 2898.00 | 2805.05 | 0.488 times |
| 10 Tue Sep 2024 | 2876.35 | 2801.00 | 2911.00 | 2801.00 | 0.881 times |
| 09 Mon Sep 2024 | 2834.60 | 2900.00 | 2900.00 | 2820.40 | 0.845 times |
| 06 Fri Sep 2024 | 2918.05 | 2976.50 | 2977.90 | 2887.35 | 0.675 times |
| 05 Thu Sep 2024 | 2963.30 | 2978.00 | 2978.00 | 2901.10 | 1.362 times |
| 04 Wed Sep 2024 | 2956.10 | 2926.20 | 2963.95 | 2903.40 | 0.407 times |
| 03 Tue Sep 2024 | 2916.90 | 2876.00 | 2978.70 | 2876.00 | 1.806 times |
| 02 Mon Sep 2024 | 2902.35 | 2943.35 | 2979.50 | 2864.00 | 1.776 times |
| 30 Fri Aug 2024 | 2926.35 | 2919.95 | 2930.00 | 2891.00 | 0.374 times |
Stock of Lumax Ind (LumaxInd) has showed a significant fall. This could be a good time to exit from this stock.
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 2687.3, for a target of 2779.7 or 2856.69
Share price targets for Lumax Ind (LumaxInd)
| Target Type | Value |
| Downside Target | 2300.40 |
| Downside Target | 2420.00 |
| Downside Target | 2520.35 |
| Downside Target | 2634.35 |
| Upside Target | 2780.05 |
| Upside Target | 2920.80 |
| Upside Target | 2948.95 |
| Upside Target | 2950.00 |
| Upside Target | 2979.50 |
| Upside Target | 3017.00 |
| Upside Target | 3045.00 |
Intraday share price targets for Lumax Ind (LumaxInd)
| Target Type | Value |
| Downside Intraday Target | 2607 |
| Downside Intraday Target | 2525.55 |
| Upside Intraday Target | 2840.45 |
| Upside Intraday Target | 2992.45 |
| Upside Intraday Target | 2759 |
Weekly technical analysis of Lumax Ind (LumaxInd)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 2688.45 | 2900.00 | 2911.00 | 2677.55 | 0.891 times |
| 06 Fri Sep 2024 | 2918.05 | 2943.35 | 2979.50 | 2864.00 | 1.387 times |
| 30 Fri Aug 2024 | 2926.35 | 2865.15 | 2948.95 | 2843.65 | 0.099 times |
| 23 Fri Aug 2024 | 2848.95 | 2652.05 | 2920.80 | 2634.35 | 7.15 times |
| 16 Fri Aug 2024 | 2691.10 | 2798.95 | 2802.40 | 2520.35 | 1.31 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 Ind (LumaxInd)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Thu Sep 2024 | 2688.45 | 2943.35 | 2979.50 | 2677.55 | 0.187 times |
| 30 Fri Aug 2024 | 2926.35 | 2891.00 | 2950.00 | 2520.35 | 2.846 times |
| 31 Wed Jul 2024 | 2915.45 | 2799.95 | 3045.00 | 2780.05 | 0.744 times |
| 28 Fri Jun 2024 | 2777.80 | 2725.45 | 3017.00 | 2300.40 | 1.029 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 Ind (LumaxInd)
Price action analysis of Lumax Ind ( (LumaxInd) ) 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 Ind ( (LumaxInd) ) 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 Ind ( (LumaxInd) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Lumax Ind ( (LumaxInd) ) based on a mid to longer 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.
ADX buy sell signal for Lumax Ind stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Lumax Ind in short term but the sell signal is initial and weak.
Lumax Ind 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Lumax Ind in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 Ind is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2847.43 and Lumax Ind (LumaxInd) 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 Ind (LumaxInd) stock. Volume based technical analysis of Lumax Ind (LumaxInd) stock is negative.
Lumax Ind 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.
Price action analysis of Lumax Ind ( (LumaxInd) ) 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 Ind ( (LumaxInd) ) 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 Ind ( (LumaxInd) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Lumax Ind ( (LumaxInd) ) based on a mid to longer 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.
ADX buy sell signal for Lumax Ind stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Lumax Ind in short term but the sell signal is initial and weak.
Lumax Ind 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Lumax Ind in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 Ind is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2847.43 and Lumax Ind (LumaxInd) 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 Ind (LumaxInd) stock. Volume based technical analysis of Lumax Ind (LumaxInd) stock is negative.
Lumax Ind 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.
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