Is Lumax Auto Tech. technically bullish or bearish?
As of August 29, 2025, the technical trend is bullish with strong indicators, although mixed signals from the MACD and RSI suggest caution; the asset has outperformed the Sensex significantly with an 81.50% year-to-date return.
As of 29 August 2025, the technical trend has changed from mildly bullish to bullish. The current technical stance is bullish with strong indicators supporting this view. The daily moving averages are bullish, and both the Bollinger Bands and KST are bullish on both weekly and monthly time frames. However, the MACD shows a mildly bearish signal on the weekly chart and the RSI is bearish on the monthly chart, indicating some mixed signals in the short term. Overall, the strength of the bullish trend is reinforced by the positive performance against the Sensex, particularly with a year-to-date return of 81.50% compared to the Sensex's 2.14%.
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