(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 2024-01-12 View latest technical analysis
10 day averaged volume of Zomato is 3162466
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jan 2024 | 139.60 | 140.05 | 141.55 | 136.95 | 0.68 times |
| 11 Thu Jan 2024 | 138.25 | 135.15 | 138.95 | 135.15 | 1.064 times |
| 10 Wed Jan 2024 | 134.65 | 134.40 | 136.15 | 132.35 | 0.912 times |
| 09 Tue Jan 2024 | 134.45 | 133.05 | 135.00 | 132.60 | 0.559 times |
| 08 Mon Jan 2024 | 132.80 | 133.70 | 133.70 | 130.00 | 0.609 times |
| 05 Fri Jan 2024 | 133.15 | 130.90 | 134.25 | 129.00 | 1.534 times |
| 04 Thu Jan 2024 | 129.95 | 128.50 | 130.80 | 126.45 | 0.939 times |
| 03 Wed Jan 2024 | 127.55 | 128.75 | 130.30 | 127.15 | 1.008 times |
| 02 Tue Jan 2024 | 128.80 | 126.55 | 129.50 | 125.50 | 1.702 times |
| 01 Mon Jan 2024 | 124.50 | 124.60 | 125.60 | 123.10 | 0.767 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 139.7, for a target of 134 or 129.29
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 96.47 |
| Downside Target | 100.00 |
| Downside Target | 103.25 |
| Downside Target | 114.25 |
| Downside Target | 120.25 |
| Downside Target | 128.60 |
| Downside Target | 130.00 |
| Downside Target | 131.75 |
| Downside Target | 134.25 |
| Upside Target | 141.55 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 132.55 |
| Downside Intraday Target | 125.5 |
| Upside Intraday Target | 144.1 |
| Upside Intraday Target | 148.6 |
| Downside Intraday Target | 137.05 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jan 2024 | 139.60 | 133.70 | 141.55 | 130.00 | 0.643 times |
| 05 Fri Jan 2024 | 133.15 | 124.60 | 134.25 | 123.10 | 1.689 times |
| 29 Fri Dec 2023 | 123.70 | 128.45 | 128.60 | 120.70 | 0.455 times |
| 22 Fri Dec 2023 | 128.45 | 123.55 | 131.75 | 120.25 | 2.022 times |
| 15 Fri Dec 2023 | 123.65 | 120.40 | 124.95 | 114.25 | 0.887 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 |
| 12 Fri Jan 2024 | 139.60 | 124.60 | 141.55 | 123.10 | 0.478 times |
| 29 Fri Dec 2023 | 123.70 | 118.30 | 131.75 | 114.25 | 0.169 times |
| 30 Thu Nov 2023 | 118.75 | 105.45 | 126.10 | 103.25 | 4.225 times |
| 31 Tue Oct 2023 | 105.15 | 101.25 | 115.00 | 100.00 | 1.551 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 BUY. Signal strength is Strong and stock is gaining 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 green color and prices are above the green 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 but buying is losing 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 132.03 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 green color and prices are above the green 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 but buying is losing 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 132.03 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 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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