Is Lumax Auto Tech. technically bullish or bearish?

Aug 29 2025 08:05 AM IST
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As of August 28, 2025, Lumax Auto Tech's trend is mildly bullish, supported by daily moving averages and weekly Bollinger Bands, though caution is warranted due to mildly bearish weekly MACD and OBV signals, while long-term indicators remain bullish.
As of 28 August 2025, the technical trend for Lumax Auto Tech has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by the daily moving averages indicating mild bullishness and the weekly Bollinger Bands also reflecting a mildly bullish outlook. However, the weekly MACD shows a mildly bearish signal, and the weekly OBV is mildly bearish, which adds some caution to the overall assessment. The monthly indicators, including MACD, Bollinger Bands, KST, and Dow Theory, remain bullish, providing a stronger long-term perspective. Overall, the mixed signals suggest a cautious but positive outlook in the short term.
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