(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)
Showing technical analysis as on 2024-08-29 View latest technical analysis
10 day averaged volume of Zomato is 23523576
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 252.20 | 254.15 | 256.30 | 248.55 | 0.098 times |
| 28 Wed Aug 2024 | 252.95 | 257.30 | 257.80 | 252.20 | 0.049 times |
| 27 Tue Aug 2024 | 256.00 | 260.50 | 261.50 | 255.50 | 0.107 times |
| 26 Mon Aug 2024 | 259.40 | 264.75 | 264.75 | 258.00 | 0.117 times |
| 23 Fri Aug 2024 | 262.70 | 260.50 | 269.75 | 258.50 | 0.171 times |
| 22 Thu Aug 2024 | 257.80 | 264.95 | 267.00 | 256.15 | 0.135 times |
| 21 Wed Aug 2024 | 259.95 | 263.40 | 264.45 | 258.95 | 0.09 times |
| 20 Tue Aug 2024 | 263.00 | 261.55 | 264.30 | 257.10 | 8.94 times |
| 19 Mon Aug 2024 | 262.30 | 275.50 | 280.00 | 261.15 | 0.245 times |
| 16 Fri Aug 2024 | 264.50 | 262.80 | 266.10 | 257.10 | 0.069 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 251.2 as stoploss in an intra day buy trade for a target of 258.54. However, stock will show a bearish move below 251.2.
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 146.85 |
| Downside Target | 171.25 |
| Downside Target | 177.85 |
| Downside Target | 194.65 |
| Downside Target | 199.75 |
| Downside Target | 204.65 |
| Downside Target | 224.25 |
| Downside Target | 247.20 |
| Upside Target | 255.45 |
| Upside Target | 264.75 |
| Upside Target | 266.50 |
| Upside Target | 274.90 |
| Upside Target | 278.45 |
| Upside Target | 280.00 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 245.58 |
| Downside Intraday Target | 238.97 |
| Upside Intraday Target | 261.78 |
| Upside Intraday Target | 271.37 |
| Upside Intraday Target | 255.17 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 252.20 | 264.75 | 264.75 | 248.55 | 0.039 times |
| 23 Fri Aug 2024 | 262.70 | 275.50 | 280.00 | 256.15 | 30.684 times |
| 16 Fri Aug 2024 | 264.50 | 263.75 | 266.50 | 255.45 | 0.184 times |
| 09 Fri Aug 2024 | 266.90 | 256.95 | 274.90 | 247.20 | 0.913 times |
| 02 Fri Aug 2024 | 262.45 | 226.20 | 278.45 | 224.25 | 6.238 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 |
| 29 Thu Aug 2024 | 252.20 | 231.45 | 280.00 | 228.05 | 7.305 times |
| 31 Wed Jul 2024 | 229.50 | 199.95 | 232.00 | 194.65 | 0.606 times |
| 28 Fri Jun 2024 | 200.35 | 184.10 | 204.65 | 146.85 | 1.095 times |
| 31 Fri May 2024 | 178.90 | 193.85 | 207.30 | 171.25 | 1.303 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Zomato (Zomato)
Price action analysis of Zomato ( (Zomato) ) 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 Zomato ( (Zomato) ) 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 Zomato ( (Zomato) ) 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 262.62 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 has given negative 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 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 Zomato ( (Zomato) ) 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 Zomato ( (Zomato) ) 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 262.62 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 has given negative 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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