(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 2024-05-23 View latest technical analysis
10 day averaged volume of Zomato is 3590034
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 186.80 | 186.75 | 189.25 | 184.50 | 0.599 times |
| 22 Wed May 2024 | 185.55 | 190.00 | 190.00 | 183.55 | 0.422 times |
| 21 Tue May 2024 | 189.05 | 194.35 | 196.50 | 188.75 | 0.47 times |
| 18 Sat May 2024 | 194.35 | 194.75 | 195.80 | 194.15 | 0.04 times |
| 17 Fri May 2024 | 194.75 | 195.00 | 195.95 | 193.15 | 0.492 times |
| 16 Thu May 2024 | 195.20 | 193.25 | 195.90 | 189.00 | 0.306 times |
| 15 Wed May 2024 | 191.95 | 188.95 | 193.30 | 183.00 | 1.112 times |
| 14 Tue May 2024 | 187.45 | 192.50 | 193.45 | 182.10 | 1.357 times |
| 13 Mon May 2024 | 193.70 | 205.50 | 207.30 | 186.90 | 2.817 times |
| 10 Fri May 2024 | 201.40 | 196.05 | 205.00 | 189.75 | 2.464 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 188.3, but if it comes above 188.3, then a intra day buy could be more profitable.
If you take a sell trade below 188.3, then use 188.3 as stoploss and 183.3 as target. However if you take a buy trade in stock , then use 188.3 as stoploss and 192.53 as target.
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 121.70 |
| Downside Target | 138.05 |
| Downside Target | 142.00 |
| Downside Target | 168.80 |
| Downside Target | 177.85 |
| Downside Target | 182.10 |
| Upside Target | 196.50 |
| Upside Target | 197.80 |
| Upside Target | 199.75 |
| Upside Target | 200.35 |
| Upside Target | 205.00 |
| Upside Target | 207.30 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 181.4 |
| Downside Intraday Target | 176 |
| Upside Intraday Target | 194.35 |
| Upside Intraday Target | 201.9 |
| Upside Intraday Target | 188.95 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 186.80 | 194.35 | 196.50 | 183.55 | 0.244 times |
| 18 Sat May 2024 | 194.35 | 205.50 | 207.30 | 182.10 | 0.938 times |
| 10 Fri May 2024 | 201.40 | 198.30 | 205.00 | 182.25 | 2.774 times |
| 03 Fri May 2024 | 197.25 | 189.65 | 200.35 | 186.40 | 0.843 times |
| 26 Fri Apr 2024 | 188.15 | 193.00 | 197.80 | 182.35 | 0.682 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 |
| 23 Thu May 2024 | 186.80 | 193.85 | 207.30 | 182.10 | 1.046 times |
| 30 Tue Apr 2024 | 193.05 | 184.00 | 199.75 | 177.85 | 0.214 times |
| 28 Thu Mar 2024 | 182.35 | 167.60 | 188.95 | 144.30 | 2.619 times |
| 29 Thu Feb 2024 | 165.50 | 140.45 | 168.80 | 138.05 | 1.129 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Zomato ( (Zomato) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Zomato in short term but BUY signal is weak.
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 193.68 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 negative.
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Zomato ( (Zomato) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 buy signal for Zomato in short term but BUY signal is weak.
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 193.68 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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