(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 2024-06-04 View latest technical analysis
10 day averaged volume of Zomato is 2096277
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 172.10 | 176.95 | 176.95 | 146.85 | 2.706 times |
| 03 Mon Jun 2024 | 175.10 | 184.10 | 185.35 | 172.80 | 1.277 times |
| 31 Fri May 2024 | 178.90 | 178.95 | 182.95 | 171.25 | 1.493 times |
| 30 Thu May 2024 | 180.55 | 183.55 | 185.00 | 179.00 | 0.271 times |
| 29 Wed May 2024 | 183.20 | 181.20 | 185.45 | 180.00 | 0.568 times |
| 28 Tue May 2024 | 181.25 | 184.85 | 184.85 | 180.45 | 0.372 times |
| 27 Mon May 2024 | 183.25 | 184.15 | 185.40 | 178.30 | 2.019 times |
| 24 Fri May 2024 | 182.90 | 188.00 | 188.00 | 179.00 | 1.446 times |
| 23 Thu May 2024 | 186.80 | 186.75 | 189.25 | 184.50 | 1.025 times |
| 22 Wed May 2024 | 185.55 | 190.00 | 190.00 | 183.55 | 0.723 times |
Stock of Zomato (Zomato) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 170.7, for a target of 179.8 or 187.41
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 138.05 |
| Downside Target | 144.30 |
| Downside Target | 168.80 |
| Upside Target | 177.85 |
| Upside Target | 185.35 |
| Upside Target | 185.45 |
| Upside Target | 188.95 |
| Upside Target | 196.50 |
| Upside Target | 199.75 |
| Upside Target | 205.00 |
| Upside Target | 207.30 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 150.85 |
| Downside Intraday Target | 129.6 |
| Upside Intraday Target | 189.35 |
| Upside Intraday Target | 206.6 |
| Downside Intraday Target | 168.1 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 172.10 | 184.10 | 185.35 | 146.85 | 0.843 times |
| 31 Fri May 2024 | 178.90 | 184.15 | 185.45 | 171.25 | 1.181 times |
| 24 Fri May 2024 | 182.90 | 194.35 | 196.50 | 179.00 | 0.381 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 |
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 |
| 04 Tue Jun 2024 | 172.10 | 184.10 | 185.35 | 146.85 | 0.127 times |
| 31 Fri May 2024 | 178.90 | 193.85 | 207.30 | 171.25 | 1.303 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 |
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 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 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 neutral. A longer time frame might give a better analysis.
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 and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 negative zone. This is the SELL 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 179.57 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 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 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 neutral. A longer time frame might give a better analysis.
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 and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 negative zone. This is the SELL 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 179.57 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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