(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 2560492
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 195.40 | 190.95 | 196.00 | 187.40 | 1.161 times |
| 07 Tue May 2024 | 191.65 | 196.00 | 196.35 | 182.25 | 1.689 times |
| 06 Mon May 2024 | 195.75 | 198.30 | 201.95 | 194.50 | 2.116 times |
| 03 Fri May 2024 | 197.25 | 196.90 | 200.35 | 193.05 | 0.507 times |
| 02 Thu May 2024 | 195.40 | 193.85 | 195.90 | 192.70 | 0.278 times |
| 30 Tue Apr 2024 | 193.05 | 194.75 | 197.00 | 192.20 | 1.121 times |
| 29 Mon Apr 2024 | 193.60 | 189.65 | 194.30 | 186.40 | 1.394 times |
| 26 Fri Apr 2024 | 188.15 | 188.55 | 190.40 | 186.30 | 0.934 times |
| 25 Thu Apr 2024 | 184.75 | 184.15 | 188.75 | 182.35 | 0.781 times |
| 24 Wed Apr 2024 | 184.40 | 189.00 | 189.15 | 183.15 | 0.366 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 195.3, but if it comes below 195.3, then a intra day sell could be more profitable.
If you take a sell trade below 195.3, then use 195.3 as stoploss and 191.21 as target. However if you take a buy trade in stock , then use 195.3 as stoploss and 200.1 as target.
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 | 201.95 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 184.45 |
| Downside Intraday Target | 173.5 |
| Upside Intraday Target | 204.15 |
| Upside Intraday Target | 212.9 |
| Downside Intraday Target | 193.2 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 195.40 | 198.30 | 201.95 | 182.25 | 1.505 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 |
| 12 Fri Apr 2024 | 192.45 | 191.90 | 199.75 | 188.70 | 0.814 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 Zomato (Zomato)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 195.40 | 193.85 | 201.95 | 182.25 | 0.292 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 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 Zomato ( (Zomato) ) 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 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 SELL. Signal strength is Weak and stock is gaining 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Zomato in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Zomato is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 192.61 and Zomato (Zomato) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 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 Zomato ( (Zomato) ) 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 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 SELL. Signal strength is Weak and stock is gaining 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Zomato in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Zomato is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 192.61 and Zomato (Zomato) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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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