(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 2024-09-18 View latest technical analysis
10 day averaged volume of Zomato is 5175368
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Wed Sep 2024 | 275.75 | 270.90 | 277.70 | 269.80 | 0.6 times |
| 17 Tue Sep 2024 | 270.80 | 277.70 | 277.95 | 270.05 | 0.509 times |
| 16 Mon Sep 2024 | 277.75 | 275.00 | 281.75 | 269.50 | 0.848 times |
| 13 Fri Sep 2024 | 272.90 | 285.70 | 286.50 | 271.05 | 1.149 times |
| 12 Thu Sep 2024 | 283.90 | 276.00 | 285.95 | 274.50 | 0.846 times |
| 11 Wed Sep 2024 | 271.70 | 268.50 | 281.40 | 268.05 | 1.018 times |
| 10 Tue Sep 2024 | 267.60 | 265.65 | 270.00 | 259.60 | 1.013 times |
| 09 Mon Sep 2024 | 263.20 | 260.05 | 265.00 | 256.30 | 0.973 times |
| 06 Fri Sep 2024 | 260.05 | 255.95 | 262.00 | 254.40 | 1.238 times |
| 05 Thu Sep 2024 | 254.90 | 248.00 | 261.50 | 246.05 | 1.798 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 272.5, but if it comes below 272.5, then a intra day sell could be more profitable.
If you take a sell trade below 272.5, then use 272.5 as stoploss and 261.27 as target. However if you take a buy trade in stock , then use 272.5 as stoploss and 286 as target.
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 | 248.55 |
| Downside Target | 256.15 |
| Downside Target | 262.00 |
| Upside Target | 280.00 |
| Upside Target | 281.75 |
| Upside Target | 286.50 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 269.58 |
| Downside Intraday Target | 263.42 |
| Upside Intraday Target | 281.83 |
| Upside Intraday Target | 287.92 |
| Downside Intraday Target | 275.67 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Wed Sep 2024 | 275.75 | 275.00 | 281.75 | 269.50 | 0.391 times |
| 13 Fri Sep 2024 | 272.90 | 260.05 | 286.50 | 256.30 | 1.009 times |
| 06 Fri Sep 2024 | 260.05 | 251.35 | 262.00 | 240.50 | 2.494 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 |
Price has moved up 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 |
| 18 Wed Sep 2024 | 275.75 | 251.35 | 286.50 | 240.50 | 0.193 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Zomato in short term and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 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 267.87 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Zomato in short term and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 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 267.87 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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