(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 2024-10-23 View latest technical analysis
10 day averaged volume of Zomato is 3193517
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 263.85 | 256.35 | 268.00 | 242.45 | 2.153 times |
| 22 Tue Oct 2024 | 256.20 | 267.65 | 271.00 | 252.70 | 1.853 times |
| 21 Mon Oct 2024 | 265.70 | 259.95 | 267.00 | 254.50 | 1.244 times |
| 18 Fri Oct 2024 | 257.40 | 256.05 | 270.30 | 256.00 | 2.138 times |
| 17 Thu Oct 2024 | 270.65 | 276.95 | 276.95 | 268.55 | 0.332 times |
| 16 Wed Oct 2024 | 274.20 | 278.45 | 279.00 | 273.00 | 0.245 times |
| 15 Tue Oct 2024 | 279.35 | 283.00 | 283.00 | 276.25 | 0.254 times |
| 14 Mon Oct 2024 | 279.80 | 282.25 | 285.10 | 278.05 | 1.939 times |
| 11 Fri Oct 2024 | 277.50 | 276.85 | 278.80 | 275.50 | 0.232 times |
| 10 Thu Oct 2024 | 275.15 | 280.95 | 282.15 | 274.10 | 0.385 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, but trade for tomorrow is selective. Take a sell trade only if stock stays below 265.2, but if it comes above 265.2, then a intra day buy could be more profitable.
If you take a sell trade below 265.2, then use 265.2 as stoploss and 254.6 as target. However if you take a buy trade in stock , then use 265.2 as stoploss and 274.01 as target.
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 146.85 |
| Downside Target | 194.65 |
| Downside Target | 204.65 |
| Downside Target | 228.05 |
| Downside Target | 240.50 |
| Downside Target | 256.00 |
| Downside Target | 261.75 |
| Upside Target | 268.00 |
| Upside Target | 280.00 |
| Upside Target | 285.10 |
| Upside Target | 289.75 |
| Upside Target | 298.20 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 247.2 |
| Downside Intraday Target | 230.55 |
| Upside Intraday Target | 275.75 |
| Upside Intraday Target | 287.65 |
| Downside Intraday Target | 259.1 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 263.85 | 259.95 | 271.00 | 242.45 | 1.07 times |
| 18 Fri Oct 2024 | 257.40 | 282.25 | 285.10 | 256.00 | 1.281 times |
| 11 Fri Oct 2024 | 277.50 | 278.45 | 289.75 | 261.75 | 1.457 times |
| 03 Thu Oct 2024 | 268.80 | 277.40 | 277.85 | 268.00 | 0.686 times |
| 27 Fri Sep 2024 | 278.25 | 291.70 | 298.20 | 273.50 | 0.629 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 |
| 23 Wed Oct 2024 | 263.85 | 272.70 | 289.75 | 242.45 | 0.585 times |
| 30 Mon Sep 2024 | 273.30 | 251.35 | 298.20 | 240.50 | 0.269 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 |
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 neutral. A longer time frame might give a better analysis.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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
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 265.85 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 neutral. A longer time frame might give a better analysis.
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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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
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 265.85 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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