(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 2024-11-13 View latest technical analysis
10 day averaged volume of Zomato is 2547695
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Wed Nov 2024 | 258.55 | 257.90 | 263.25 | 254.60 | 1.919 times |
| 12 Tue Nov 2024 | 261.00 | 260.00 | 264.90 | 255.40 | 0.936 times |
| 11 Mon Nov 2024 | 258.50 | 247.95 | 259.50 | 244.00 | 1.241 times |
| 08 Fri Nov 2024 | 249.10 | 257.75 | 258.05 | 246.15 | 0.592 times |
| 07 Thu Nov 2024 | 255.15 | 257.90 | 262.40 | 254.00 | 1.71 times |
| 06 Wed Nov 2024 | 254.95 | 243.20 | 256.00 | 243.20 | 1.839 times |
| 05 Tue Nov 2024 | 242.15 | 243.75 | 246.40 | 239.60 | 0.987 times |
| 04 Mon Nov 2024 | 245.15 | 243.60 | 246.90 | 240.00 | 1.113 times |
| 01 Fri Nov 2024 | 249.05 | 245.00 | 250.00 | 244.15 | 0.46 times |
| 31 Thu Oct 2024 | 241.80 | 248.00 | 248.75 | 240.45 | 0.51 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 261.9 as stoploss in an intra day sell trade for a target of 254.51. However, stock will show a bullish move above 261.9.
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 194.65 |
| Downside Target | 228.05 |
| Downside Target | 239.60 |
| Downside Target | 256.00 |
| Upside Target | 262.40 |
| Upside Target | 264.90 |
| 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 | 246.73 |
| Downside Intraday Target | 234.92 |
| Upside Intraday Target | 267.63 |
| Upside Intraday Target | 276.72 |
| Downside Intraday Target | 255.82 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Wed Nov 2024 | 258.55 | 247.95 | 264.90 | 244.00 | 0.656 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 |
| 18 Fri Oct 2024 | 257.40 | 282.25 | 285.10 | 256.00 | 1.281 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 |
| 13 Wed Nov 2024 | 258.55 | 245.00 | 264.90 | 239.60 | 0.412 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Zomato ( (Zomato) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Zomato stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Zomato in short term but the buy signal is initial and weak.
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 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 negative zone. This is the SELL 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 253.26 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Zomato ( (Zomato) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Zomato stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Zomato in short term but the buy signal is initial and weak.
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 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 negative zone. This is the SELL 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 253.26 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.
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