(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 2024-11-06 View latest technical analysis
10 day averaged volume of Zomato is 2978886
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 254.95 | 243.20 | 256.00 | 243.20 | 1.572 times |
| 05 Tue Nov 2024 | 242.15 | 243.75 | 246.40 | 239.60 | 0.844 times |
| 04 Mon Nov 2024 | 245.15 | 243.60 | 246.90 | 240.00 | 0.952 times |
| 01 Fri Nov 2024 | 249.05 | 245.00 | 250.00 | 244.15 | 0.393 times |
| 31 Thu Oct 2024 | 241.80 | 248.00 | 248.75 | 240.45 | 0.436 times |
| 30 Wed Oct 2024 | 246.75 | 249.40 | 250.45 | 245.10 | 0.525 times |
| 29 Tue Oct 2024 | 252.20 | 255.40 | 255.80 | 248.50 | 0.816 times |
| 28 Mon Oct 2024 | 253.95 | 253.75 | 259.20 | 247.10 | 1.247 times |
| 25 Fri Oct 2024 | 253.85 | 254.45 | 257.90 | 246.55 | 1.599 times |
| 24 Thu Oct 2024 | 254.30 | 267.40 | 268.25 | 252.50 | 0.879 times |
My analysis of stock is bearish for shortterm, and stock might move down till 247.4 or till 232.6. Use a stoploss of 259.7 and if the stock hits stoploss, then it can shoot up till 272.04
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 194.65 |
| Downside Target | 228.05 |
| Downside Target | 239.60 |
| Upside Target | 256.00 |
| Upside Target | 259.20 |
| Upside Target | 261.75 |
| Upside Target | 271.00 |
| 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 | 244.37 |
| Downside Intraday Target | 233.78 |
| Upside Intraday Target | 260.77 |
| Upside Intraday Target | 266.58 |
| Downside Intraday Target | 250.18 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 254.95 | 243.60 | 256.00 | 239.60 | 0.986 times |
| 01 Fri Nov 2024 | 249.05 | 253.75 | 259.20 | 240.45 | 0.421 times |
| 25 Fri Oct 2024 | 253.85 | 259.95 | 271.00 | 242.45 | 1.541 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 |
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 |
| 06 Wed Nov 2024 | 254.95 | 245.00 | 256.00 | 239.60 | 0.168 times |
| 31 Thu Oct 2024 | 241.80 | 272.70 | 289.75 | 240.45 | 0.776 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 |
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Zomato stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Zomato in short term and the sell 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 LOWS in short term which reflects strong selling momentum. 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 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 positive zone. This is a BUY 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 250.81 and Zomato (Zomato) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Zomato stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Zomato in short term and the sell 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 LOWS in short term which reflects strong selling momentum. 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 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 positive zone. This is a BUY 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 250.81 and Zomato (Zomato) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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