(Zomato) Zomato complete technical analysis [charts+indicators] | Buy/Sell Zomato | (Zomato) share price targets
Complete technical analysis of Zomato (Zomato) by charts plus indicators, forecast predictions and share price targets for Zomato (Zomato)
10 day averaged volume of Zomato is 3426629
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 193.70 | 205.50 | 207.30 | 186.90 | 2.951 times |
| 10 Fri May 2024 | 201.40 | 196.05 | 205.00 | 189.75 | 2.581 times |
| 09 Thu May 2024 | 195.30 | 195.20 | 199.75 | 193.20 | 0.545 times |
| 08 Wed May 2024 | 195.40 | 190.95 | 196.00 | 187.40 | 0.867 times |
| 07 Tue May 2024 | 191.65 | 196.00 | 196.35 | 182.25 | 1.262 times |
| 06 Mon May 2024 | 195.75 | 198.30 | 201.95 | 194.50 | 1.581 times |
| 03 Fri May 2024 | 197.25 | 196.90 | 200.35 | 193.05 | 0.379 times |
| 02 Thu May 2024 | 195.40 | 193.85 | 195.90 | 192.70 | 0.208 times |
| 30 Tue Apr 2024 | 193.05 | 194.75 | 197.00 | 192.20 | 0.837 times |
| 29 Mon Apr 2024 | 193.60 | 189.65 | 194.30 | 186.40 | 1.041 times |
Stock of Zomato (Zomato) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 196.2 or till 201.6. Use a stoploss of 191.62 and if this stock hits its stoploss, then it can fall down till 187.08
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 121.70 |
| Downside Target | 138.05 |
| Downside Target | 142.00 |
| Downside Target | 168.80 |
| Downside Target | 177.85 |
| Downside Target | 181.45 |
| Downside Target | 186.40 |
| Upside Target | 197.80 |
| Upside Target | 199.75 |
| Upside Target | 200.35 |
| Upside Target | 205.00 |
| Upside Target | 207.30 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 184.63 |
| Downside Intraday Target | 175.57 |
| Upside Intraday Target | 205.03 |
| Upside Intraday Target | 216.37 |
| Upside Intraday Target | 195.97 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 193.70 | 205.50 | 207.30 | 186.90 | 0.432 times |
| 10 Fri May 2024 | 201.40 | 198.30 | 205.00 | 182.25 | 2.774 times |
| 03 Fri May 2024 | 197.25 | 189.65 | 200.35 | 186.40 | 0.843 times |
| 26 Fri Apr 2024 | 188.15 | 193.00 | 197.80 | 182.35 | 0.682 times |
| 19 Fri Apr 2024 | 189.20 | 184.00 | 192.40 | 181.45 | 1.698 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Zomato (Zomato)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 193.70 | 193.85 | 207.30 | 182.25 | 0.705 times |
| 30 Tue Apr 2024 | 193.05 | 184.00 | 199.75 | 177.85 | 0.214 times |
| 28 Thu Mar 2024 | 182.35 | 167.60 | 188.95 | 144.30 | 2.619 times |
| 29 Thu Feb 2024 | 165.50 | 140.45 | 168.80 | 138.05 | 1.129 times |
Scroll below to view daily charts
Price has moved up 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 Zomato (Zomato)
Price action analysis of Zomato ( (Zomato) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Zomato ( (Zomato) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Zomato ( (Zomato) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Zomato ( (Zomato) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Zomato stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Zomato in short term but the sell signal is initial and weak.
Zomato Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Zomato in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Zomato is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 195.65 and Zomato (Zomato) 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 Zomato (Zomato) stock. Volume based technical analysis of Zomato (Zomato) stock is negative.
Zomato Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Zomato ( (Zomato) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Zomato ( (Zomato) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Zomato ( (Zomato) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Zomato ( (Zomato) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Zomato stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Zomato in short term but the sell signal is initial and weak.
Zomato Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Zomato in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Zomato is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 195.65 and Zomato (Zomato) 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 Zomato (Zomato) stock. Volume based technical analysis of Zomato (Zomato) stock is negative.
Zomato Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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