(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 2024-11-01 View latest technical analysis
10 day averaged volume of Zomato is 3998401
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 249.05 | 245.00 | 250.00 | 244.15 | 0.293 times |
| 31 Thu Oct 2024 | 241.80 | 248.00 | 248.75 | 240.45 | 0.325 times |
| 30 Wed Oct 2024 | 246.75 | 249.40 | 250.45 | 245.10 | 0.391 times |
| 29 Tue Oct 2024 | 252.20 | 255.40 | 255.80 | 248.50 | 0.608 times |
| 28 Mon Oct 2024 | 253.95 | 253.75 | 259.20 | 247.10 | 0.929 times |
| 25 Fri Oct 2024 | 253.85 | 254.45 | 257.90 | 246.55 | 1.191 times |
| 24 Thu Oct 2024 | 254.30 | 267.40 | 268.25 | 252.50 | 0.655 times |
| 23 Wed Oct 2024 | 263.85 | 256.35 | 268.00 | 242.45 | 1.72 times |
| 22 Tue Oct 2024 | 256.20 | 267.65 | 271.00 | 252.70 | 1.48 times |
| 21 Mon Oct 2024 | 265.70 | 259.95 | 267.00 | 254.50 | 0.994 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 251.6, but if it comes above 251.6, then a intra day buy could be more profitable.
If you take a sell trade below 251.6, then use 251.6 as stoploss and 237 as target. However if you take a buy trade in stock , then use 251.6 as stoploss and 263.84 as target.
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 194.65 |
| Downside Target | 228.05 |
| Downside Target | 240.45 |
| Upside Target | 250.00 |
| Upside Target | 256.00 |
| Upside Target | 268.00 |
| Upside Target | 271.00 |
| Upside Target | 277.85 |
| 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 | 239.93 |
| Downside Intraday Target | 230.82 |
| Upside Intraday Target | 258.68 |
| Upside Intraday Target | 268.32 |
| Upside Intraday Target | 249.57 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 03 Thu Oct 2024 | 268.80 | 277.40 | 277.85 | 268.00 | 0.686 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 |
| 01 Fri Nov 2024 | 249.05 | 245.00 | 250.00 | 244.15 | 0.018 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Zomato in short term and the sell signal is strong.
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 but BUY signal is weak.
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 256.62 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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Zomato in short term and the sell signal is strong.
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 but BUY signal is weak.
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 256.62 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 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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