$Lufax(LU)$ Downgrade to Sell Candidate. 

The Lufax Holding Ltd stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $3.11. On a fall, the stock will find some support from the long-term average at approximately $2.47.

A sell signal was issued from a pivot top point on Wednesday, February 01, 2023, and so far it has fallen -9.42%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Credit: StockInvest