(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 2024-01-18 View latest technical analysis
10 day averaged volume of Zomato is 3173233
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 129.40 | 128.20 | 129.85 | 121.70 | 1.474 times |
| 17 Wed Jan 2024 | 127.30 | 132.20 | 132.45 | 126.65 | 1.626 times |
| 16 Tue Jan 2024 | 133.55 | 135.15 | 135.30 | 131.20 | 0.548 times |
| 15 Mon Jan 2024 | 133.40 | 139.80 | 139.80 | 132.75 | 1.55 times |
| 12 Fri Jan 2024 | 139.60 | 140.05 | 141.55 | 136.95 | 0.678 times |
| 11 Thu Jan 2024 | 138.25 | 135.15 | 138.95 | 135.15 | 1.061 times |
| 10 Wed Jan 2024 | 134.65 | 134.40 | 136.15 | 132.35 | 0.909 times |
| 09 Tue Jan 2024 | 134.45 | 133.05 | 135.00 | 132.60 | 0.558 times |
| 08 Mon Jan 2024 | 132.80 | 133.70 | 133.70 | 130.00 | 0.607 times |
| 05 Fri Jan 2024 | 133.15 | 130.90 | 134.25 | 129.00 | 1.529 times |
My analysis of stock is bearish for shortterm, and stock might move down till 125.6 or till 120.1. Use a stoploss of 130.12 and if the stock hits stoploss, then it can shoot up till 134.68
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 | 126.10 |
| Upside Target | 130.00 |
| Upside Target | 131.75 |
| Upside Target | 134.25 |
| Upside Target | 139.80 |
| Upside Target | 141.55 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 120.8 |
| Downside Intraday Target | 112.2 |
| Upside Intraday Target | 138.9 |
| Upside Intraday Target | 148.4 |
| Upside Intraday Target | 130.3 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 129.40 | 139.80 | 139.80 | 121.70 | 1.364 times |
| 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 |
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 |
| 18 Thu Jan 2024 | 129.40 | 124.60 | 141.55 | 121.70 | 0.734 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 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 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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Zomato in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 132.89 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 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 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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Zomato in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 132.89 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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