(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 2024-09-05 View latest technical analysis
10 day averaged volume of Zomato is 2741077
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 254.90 | 248.00 | 261.50 | 246.05 | 3.394 times |
| 04 Wed Sep 2024 | 242.90 | 244.95 | 245.00 | 240.50 | 1.148 times |
| 03 Tue Sep 2024 | 247.75 | 246.90 | 252.90 | 245.30 | 0.967 times |
| 02 Mon Sep 2024 | 244.40 | 251.35 | 252.35 | 242.00 | 1.503 times |
| 30 Fri Aug 2024 | 250.80 | 253.05 | 255.35 | 248.85 | 0.571 times |
| 29 Thu Aug 2024 | 252.20 | 254.15 | 256.30 | 248.55 | 0.839 times |
| 28 Wed Aug 2024 | 252.95 | 257.30 | 257.80 | 252.20 | 0.42 times |
| 27 Tue Aug 2024 | 256.00 | 260.50 | 261.50 | 255.50 | 0.916 times |
| 26 Mon Aug 2024 | 259.40 | 264.75 | 264.75 | 258.00 | 1.003 times |
| 23 Fri Aug 2024 | 262.70 | 260.50 | 269.75 | 258.50 | 1.472 times |
Stock of Zomato (Zomato) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 250.4 or till 242.3. Use a stoploss of 257.2 and if the stock hits stoploss, then it can shoot up till 263.96
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 |
| Downside Target | 247.20 |
| Upside Target | 255.45 |
| Upside Target | 261.50 |
| 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 | 243.1 |
| Downside Intraday Target | 231.3 |
| Upside Intraday Target | 264.1 |
| Upside Intraday Target | 273.3 |
| Downside Intraday Target | 252.3 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Sep 2024 | 254.90 | 251.35 | 261.50 | 240.50 | 1.87 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 up 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 |
| 05 Thu Sep 2024 | 254.90 | 251.35 | 261.50 | 240.50 | 0.06 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 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Zomato ( (Zomato) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Strong and stock is losing momentum.
MACD generated a SELL signal for Zomato in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 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 252.86 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Zomato ( (Zomato) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Strong and stock is losing momentum.
MACD generated a SELL signal for Zomato in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 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 252.86 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 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.
Click here for further forecast and predictions for tomorrow