Luminar Technologies Stock Forecast

Buy or Hold candidate since Feb 25, 2026 Gain 24 231.21%

The Luminar Technologies Inc stock price gained 5.21% on the last trading day (Friday, 7th Aug 2026), rising from $43.57 to $45.84. During the last trading day the stock fluctuated 4.90% from a day low at $44.50 to a day high of $46.68. The price has risen in 6 of the last 10 days and is up by 18.69% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 110 thousand more shares were traded than the day before. In total, 331 thousand shares were bought and sold for approximately $15.19 million.

Given the current horizontal trend, you can expect Luminar Technologies Inc stock with a 90% probability to be traded between $33.05 and $46.32 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

LAZR Signals & Forecast

The Luminar Technologies Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $41.05 and $23.99. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, July 29, 2026, and so far it has risen 40.83%. Further rise is indicated until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Luminar Technologies Inc stock

Luminar Technologies Inc finds support from accumulated volume at $43.57 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $2.18 between high and low, or 4.90%. For the last week, the stock has had daily average volatility of 6.73%.

Our recommended stop-loss: $44.13 (-3.72%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 7 days ago.)

Trading Expectations (LAZR) For The Upcoming Trading Day Of Monday 10th

For the upcoming trading day on Monday, 10th we expect Luminar Technologies Inc to open at $45.67, and during the day (based on 14 day Average True Range), to move between $44.36 and $47.32, which gives a possible trading interval of +/-$2.97 (+/-6.69%) up or down from last closing price. If Luminar Technologies Inc takes out the full calculated possible swing range there will be an estimated 6.69% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $43.57, some $2.27 (4.95%) from the current price of $45.84, our system finds the risk reward attractive.

Is Luminar Technologies Inc stock A Buy?

Luminar Technologies Inc holds several positive signals and is considered to be a good choice at current levels. We expect the Luminar Technologies Inc stock to perform great in the short-term period. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Strong Buy candidate.

Current score: 6.806 Strong Buy Candidate Upgraded

Predicted Fair Opening Price

Predicted fair opening price on August 10, 2026 - $45.67 ( 0.364%).

Want to trade but not sure how? Our step-by-step guide can help.
Skip the guide? Open account with our trusted broker*
*Your capital is at risk