(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 2024-02-09 View latest technical analysis
10 day averaged volume of Zomato is 4495910
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 149.45 | 146.90 | 151.45 | 142.30 | 2.556 times |
| 08 Thu Feb 2024 | 144.00 | 142.95 | 147.45 | 139.10 | 2.407 times |
| 07 Wed Feb 2024 | 140.60 | 140.80 | 142.85 | 139.70 | 0.948 times |
| 06 Tue Feb 2024 | 140.20 | 140.55 | 141.95 | 138.05 | 0.349 times |
| 05 Mon Feb 2024 | 140.10 | 144.65 | 145.25 | 139.05 | 0.862 times |
| 02 Fri Feb 2024 | 143.85 | 141.60 | 145.00 | 141.60 | 0.709 times |
| 01 Thu Feb 2024 | 140.55 | 140.45 | 143.50 | 138.60 | 0.616 times |
| 31 Wed Jan 2024 | 139.50 | 139.35 | 142.00 | 138.05 | 1.126 times |
| 30 Tue Jan 2024 | 137.20 | 135.65 | 138.75 | 134.65 | 1.165 times |
| 29 Mon Jan 2024 | 135.60 | 136.90 | 137.70 | 132.40 | 0.619 times |
Stock of Zomato (Zomato) has showed a significant upmove. This could be a good time to enter in this stock!
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 148.8, for a target of 142.5 or 137.24
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 |
| Downside Target | 141.55 |
| Downside Target | 142.00 |
| Downside Target | 145.00 |
| Upside Target | 151.45 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 141.18 |
| Downside Intraday Target | 132.92 |
| Upside Intraday Target | 154.58 |
| Upside Intraday Target | 159.72 |
| Downside Intraday Target | 146.32 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 149.45 | 144.65 | 151.45 | 138.05 | 1.682 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Zomato (Zomato)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Fri Feb 2024 | 149.45 | 140.45 | 151.45 | 138.05 | 0.477 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 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 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 stronger in this stock.
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 and the buying is gaining 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 142.73 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 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 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 stronger in this stock.
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 and the buying is gaining 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 142.73 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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