(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 2024-12-31 View latest technical analysis
10 day averaged volume of Zomato is 2270184
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Dec 2024 | 278.00 | 278.85 | 281.70 | 274.85 | 0.648 times |
| 30 Mon Dec 2024 | 282.90 | 271.00 | 291.50 | 269.95 | 1.073 times |
| 27 Fri Dec 2024 | 271.15 | 274.90 | 275.95 | 269.65 | 0.507 times |
| 26 Thu Dec 2024 | 273.20 | 276.90 | 276.90 | 271.25 | 0.454 times |
| 24 Tue Dec 2024 | 274.75 | 274.85 | 277.00 | 269.05 | 0.612 times |
| 23 Mon Dec 2024 | 273.90 | 273.95 | 282.90 | 272.00 | 0.97 times |
| 20 Fri Dec 2024 | 281.85 | 290.60 | 290.60 | 274.05 | 0.95 times |
| 19 Thu Dec 2024 | 288.45 | 287.80 | 290.10 | 284.85 | 0.968 times |
| 18 Wed Dec 2024 | 291.90 | 297.80 | 297.80 | 290.05 | 0.965 times |
| 17 Tue Dec 2024 | 296.80 | 295.90 | 303.40 | 292.25 | 2.38 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 277.4 as stoploss in an intra day buy trade for a target of 286.6. However, stock will show a bearish move below 277.4.
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 228.05 |
| Downside Target | 239.60 |
| Downside Target | 269.05 |
| Upside Target | 289.70 |
| Upside Target | 289.75 |
| Upside Target | 291.50 |
| Upside Target | 298.20 |
| Upside Target | 303.40 |
| Upside Target | 304.50 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 268.13 |
| Downside Intraday Target | 258.27 |
| Upside Intraday Target | 289.68 |
| Upside Intraday Target | 301.37 |
| Upside Intraday Target | 279.82 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Dec 2024 | 278.00 | 271.00 | 291.50 | 269.95 | 0.677 times |
| 27 Fri Dec 2024 | 271.15 | 273.95 | 282.90 | 269.05 | 0.398 times |
| 20 Fri Dec 2024 | 281.85 | 289.50 | 303.40 | 274.05 | 1.132 times |
| 13 Fri Dec 2024 | 288.40 | 304.50 | 304.50 | 277.90 | 0.783 times |
| 06 Fri Dec 2024 | 303.00 | 280.90 | 304.50 | 279.00 | 0.967 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 |
| 31 Tue Dec 2024 | 278.00 | 280.90 | 304.50 | 269.05 | 0.927 times |
| 29 Fri Nov 2024 | 279.50 | 245.00 | 289.70 | 239.60 | 0.862 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 |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Zomato stock for short term is BUY. Signal strength is Weak 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 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 green color and prices are in or below the green cloud Prices appear to be coming down
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 but buying is losing 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 284.88 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Zomato stock for short term is BUY. Signal strength is Weak 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 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 green color and prices are in or below the green cloud Prices appear to be coming down
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 but buying is losing 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 284.88 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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