Is Lumax Auto Tech. technically bullish or bearish?

Sep 25 2025 08:08 AM IST
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As of September 24, 2025, Lumax Auto Tech shows a bullish trend with moderate strength, supported by positive moving averages and Bollinger Bands, though caution is advised due to a mildly bearish MACD on the weekly timeframe.
As of 24 September 2025, the technical trend for Lumax Auto Tech has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this are the bullish signals from the moving averages on the daily timeframe, and the overall bullish trend indicated by Dow Theory on both weekly and monthly timeframes. However, the MACD on the weekly is mildly bearish, which suggests some caution. The Bollinger Bands are bullish on both weekly and monthly timeframes, supporting the upward momentum. Despite the mixed signals from the RSI and OBV, the overall technical picture remains bullish.
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