(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 2024-02-06 View latest technical analysis
10 day averaged volume of Zomato is 3806878
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Feb 2024 | 140.20 | 140.55 | 141.95 | 138.05 | 0.412 times |
| 05 Mon Feb 2024 | 140.10 | 144.65 | 145.25 | 139.05 | 1.018 times |
| 02 Fri Feb 2024 | 143.85 | 141.60 | 145.00 | 141.60 | 0.837 times |
| 01 Thu Feb 2024 | 140.55 | 140.45 | 143.50 | 138.60 | 0.728 times |
| 31 Wed Jan 2024 | 139.50 | 139.35 | 142.00 | 138.05 | 1.33 times |
| 30 Tue Jan 2024 | 137.20 | 135.65 | 138.75 | 134.65 | 1.376 times |
| 29 Mon Jan 2024 | 135.60 | 136.90 | 137.70 | 132.40 | 0.731 times |
| 25 Thu Jan 2024 | 136.00 | 135.70 | 138.20 | 132.80 | 1.416 times |
| 24 Wed Jan 2024 | 136.25 | 131.75 | 137.00 | 129.80 | 0.543 times |
| 23 Tue Jan 2024 | 130.05 | 136.00 | 137.25 | 128.10 | 1.728 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 140, but if it comes below 140, then a intra day sell could be more profitable.
If you take a sell trade below 140, then use 140 as stoploss and 135.9 as target. However if you take a buy trade in stock , then use 140 as stoploss and 144.8 as target.
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 100.00 |
| Downside Target | 103.25 |
| Downside Target | 114.25 |
| Downside Target | 121.70 |
| Downside Target | 126.10 |
| Downside Target | 138.05 |
| Downside Target | 138.20 |
| Downside Target | 139.80 |
| Upside Target | 141.55 |
| Upside Target | 142.00 |
| Upside Target | 145.00 |
| Upside Target | 145.25 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 137.08 |
| Downside Intraday Target | 133.97 |
| Upside Intraday Target | 144.28 |
| Upside Intraday Target | 148.37 |
| Upside Intraday Target | 141.17 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Feb 2024 | 140.20 | 144.65 | 145.25 | 138.05 | 0.286 times |
| 02 Fri Feb 2024 | 143.85 | 136.90 | 145.00 | 132.40 | 1.256 times |
| 25 Thu Jan 2024 | 136.00 | 135.15 | 138.20 | 128.10 | 0.742 times |
| 19 Fri Jan 2024 | 135.00 | 139.80 | 139.80 | 121.70 | 1.687 times |
| 12 Fri Jan 2024 | 139.60 | 133.70 | 141.55 | 130.00 | 0.643 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 |
| 06 Tue Feb 2024 | 140.20 | 140.45 | 145.25 | 138.05 | 0.143 times |
| 31 Wed Jan 2024 | 139.50 | 124.60 | 142.00 | 121.70 | 1.231 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Zomato in short term and the buy signal is strong.
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 SELL signal for Zomato in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 137.15 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Zomato in short term and the buy signal is strong.
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 SELL signal for Zomato in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 137.15 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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