(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 2024-09-04 View latest technical analysis
10 day averaged volume of Zomato is 2638603
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 242.90 | 244.95 | 245.00 | 240.50 | 1.193 times |
| 03 Tue Sep 2024 | 247.75 | 246.90 | 252.90 | 245.30 | 1.004 times |
| 02 Mon Sep 2024 | 244.40 | 251.35 | 252.35 | 242.00 | 1.561 times |
| 30 Fri Aug 2024 | 250.80 | 253.05 | 255.35 | 248.85 | 0.594 times |
| 29 Thu Aug 2024 | 252.20 | 254.15 | 256.30 | 248.55 | 0.871 times |
| 28 Wed Aug 2024 | 252.95 | 257.30 | 257.80 | 252.20 | 0.436 times |
| 27 Tue Aug 2024 | 256.00 | 260.50 | 261.50 | 255.50 | 0.952 times |
| 26 Mon Aug 2024 | 259.40 | 264.75 | 264.75 | 258.00 | 1.042 times |
| 23 Fri Aug 2024 | 262.70 | 260.50 | 269.75 | 258.50 | 1.529 times |
| 22 Thu Aug 2024 | 257.80 | 264.95 | 267.00 | 256.15 | 1.206 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 242.4, for a target of 250.8 or 257.74
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 146.85 |
| Downside Target | 171.25 |
| Downside Target | 194.65 |
| Downside Target | 204.65 |
| Downside Target | 228.05 |
| Downside Target | 240.50 |
| Upside Target | 247.20 |
| Upside Target | 256.15 |
| Upside Target | 264.75 |
| Upside Target | 266.50 |
| Upside Target | 274.90 |
| Upside Target | 280.00 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 237.97 |
| Downside Intraday Target | 233.03 |
| Upside Intraday Target | 250.37 |
| Upside Intraday Target | 257.83 |
| Upside Intraday Target | 245.43 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 242.90 | 251.35 | 252.90 | 240.50 | 0.965 times |
| 30 Fri Aug 2024 | 250.80 | 264.75 | 264.75 | 248.55 | 0.046 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 |
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 |
| 04 Wed Sep 2024 | 242.90 | 251.35 | 252.90 | 240.50 | 0.031 times |
| 30 Fri Aug 2024 | 250.80 | 231.45 | 280.00 | 228.05 | 7.341 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 |
Scroll below to view daily charts
Price has moved down 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 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 SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and SELL signal is strong!
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 252.75 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 SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and SELL signal is strong!
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 252.75 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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