(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 2024-11-21 View latest technical analysis
10 day averaged volume of Zomato is 3319298
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 266.75 | 273.55 | 275.35 | 262.25 | 0.693 times |
| 19 Tue Nov 2024 | 271.35 | 271.25 | 272.65 | 267.70 | 0.375 times |
| 18 Mon Nov 2024 | 270.70 | 274.30 | 274.50 | 269.40 | 0.537 times |
| 14 Thu Nov 2024 | 269.60 | 261.15 | 270.85 | 260.80 | 2.009 times |
| 13 Wed Nov 2024 | 258.55 | 257.90 | 263.25 | 254.60 | 1.473 times |
| 12 Tue Nov 2024 | 261.00 | 260.00 | 264.90 | 255.40 | 0.718 times |
| 11 Mon Nov 2024 | 258.50 | 247.95 | 259.50 | 244.00 | 0.952 times |
| 08 Fri Nov 2024 | 249.10 | 257.75 | 258.05 | 246.15 | 0.454 times |
| 07 Thu Nov 2024 | 255.15 | 257.90 | 262.40 | 254.00 | 1.313 times |
| 06 Wed Nov 2024 | 254.95 | 243.20 | 256.00 | 243.20 | 1.411 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 264.8, but if it comes below 264.8, then a intra day sell could be more profitable.
If you take a sell trade below 264.8, then use 264.8 as stoploss and 255.94 as target. However if you take a buy trade in stock , then use 264.8 as stoploss and 275.4 as target.
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 194.65 |
| Downside Target | 228.05 |
| Downside Target | 239.60 |
| Downside Target | 259.20 |
| Downside Target | 262.40 |
| Upside Target | 270.85 |
| Upside Target | 271.00 |
| Upside Target | 275.35 |
| Upside Target | 280.00 |
| Upside Target | 289.75 |
| Upside Target | 298.20 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 260.88 |
| Downside Intraday Target | 255.02 |
| Upside Intraday Target | 273.98 |
| Upside Intraday Target | 281.22 |
| Upside Intraday Target | 268.12 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 266.75 | 274.30 | 275.35 | 262.25 | 0.311 times |
| 14 Thu Nov 2024 | 269.60 | 247.95 | 270.85 | 244.00 | 1.076 times |
| 08 Fri Nov 2024 | 249.10 | 243.60 | 262.40 | 239.60 | 1.562 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 |
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 |
| 21 Thu Nov 2024 | 266.75 | 245.00 | 275.35 | 239.60 | 0.592 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 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 short 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 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 SELL. Signal strength is Weak 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Zomato in short term but SELL signal is weak.
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 261.28 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 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 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 short 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 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 SELL. Signal strength is Weak 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Zomato in short term but SELL signal is weak.
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 261.28 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 negative.
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