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(LUNA) Luna Innovations complete technical analysis [charts+indicators] | Buy/Sell Luna Innovations | (LUNA) share price targets

Complete technical analysis of Luna Innovations (LUNA) by charts plus indicators, forecast predictions and share price targets for Luna Innovations (LUNA)

Luna Innovations trades in USA in Health Care sector.

Showing technical analysis as on 2024-09-04 View latest technical analysis

10 day averaged volume of Luna Innovations is 107806

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	2.28	2.41	2.49	2.15	1.788 times
03 Tue Sep 2024	2.43	2.37	2.54	2.26	1.665 times
30 Fri Aug 2024	2.38	2.40	2.47	2.33	1.03 times
30 Fri Aug 2024	2.38	2.40	2.47	2.33	1.03 times
29 Thu Aug 2024	2.38	2.37	2.45	2.37	0.555 times
28 Wed Aug 2024	2.36	2.39	2.43	2.32	0.576 times
27 Tue Aug 2024	2.39	2.46	2.51	2.38	0.49 times
26 Mon Aug 2024	2.46	2.65	2.69	2.44	1.417 times
23 Fri Aug 2024	2.59	2.57	2.69	2.55	0.974 times
22 Thu Aug 2024	2.57	2.44	2.60	2.37	1.034 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.4, but if it comes above 2.4, then a intra day buy could be more profitable.
If you take a sell trade below 2.4, then use 2.4 as stoploss and 2.2 as target. However if you take a buy trade in stock , then use 2.4 as stoploss and 2.46 as target.

Share price targets for Luna Innovations (LUNA)

Target Type	Value
Downside Target	1.99
Downside Target	2.15
Downside Target	2.28
Upside Target	2.47
Upside Target	2.54
Upside Target	2.63
Upside Target	2.69
Upside Target	2.75
Upside Target	3.06
Upside Target	3.07
Upside Target	3.39
Upside Target	3.49
Upside Target	3.89

Intraday share price targets for Luna Innovations (LUNA)

Target Type	Value
Downside Intraday Target	2.11
Downside Intraday Target	1.93
Upside Intraday Target	2.5
Upside Intraday Target	2.71
Upside Intraday Target	2.32

Weekly technical analysis of Luna Innovations (LUNA)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	2.28	2.37	2.54	2.15	3.354 times
30 Fri Aug 2024	2.38	2.40	2.47	2.33	0.253 times
30 Fri Aug 2024	2.38	2.65	2.69	2.32	0.635 times
23 Fri Aug 2024	2.59	2.34	2.69	2.30	0.77 times
16 Fri Aug 2024	2.33	2.58	2.75	2.28	1.299 times

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

Monthly technical analysis of Luna Innovations (LUNA)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	2.28	2.37	2.54	2.15	0.115 times
30 Fri Aug 2024	2.38	3.01	3.06	2.28	0.646 times
31 Wed Jul 2024	3.00	3.17	3.39	2.63	0.516 times
28 Fri Jun 2024	3.20	3.34	3.89	3.07	0.762 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 Luna Innovations (LUNA)

Price action analysis of Luna Innovations ( (LUNA) ) based on a short 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 Luna Innovations ( (LUNA) ) 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 Luna Innovations ( (LUNA) ) based on a short to mid 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 Luna Innovations ( (LUNA) ) 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 Luna Innovations stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Luna Innovations in short term but the buy signal is initial and weak.

Luna Innovations Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Luna Innovations 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Luna Innovations is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.42 and Luna Innovations (LUNA) 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 Luna Innovations (LUNA) stock. Volume based technical analysis of Luna Innovations (LUNA) stock is negative.

Luna Innovations 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.