(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 2024-06-05 View latest technical analysis
10 day averaged volume of Zomato is 2494663
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 183.75 | 173.05 | 185.30 | 166.65 | 2.984 times |
| 04 Tue Jun 2024 | 172.10 | 176.95 | 176.95 | 146.85 | 2.274 times |
| 03 Mon Jun 2024 | 175.10 | 184.10 | 185.35 | 172.80 | 1.073 times |
| 31 Fri May 2024 | 178.90 | 178.95 | 182.95 | 171.25 | 1.254 times |
| 30 Thu May 2024 | 180.55 | 183.55 | 185.00 | 179.00 | 0.228 times |
| 29 Wed May 2024 | 183.20 | 181.20 | 185.45 | 180.00 | 0.477 times |
| 28 Tue May 2024 | 181.25 | 184.85 | 184.85 | 180.45 | 0.312 times |
| 27 Mon May 2024 | 183.25 | 184.15 | 185.40 | 178.30 | 1.697 times |
| 24 Fri May 2024 | 182.90 | 188.00 | 188.00 | 179.00 | 1.215 times |
| 23 Thu May 2024 | 186.80 | 186.75 | 189.25 | 184.50 | 0.862 times |
Stock of Zomato (Zomato) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 179.4 or till 170.6. Use a stoploss of 186.83 and if the stock hits stoploss, then it can shoot up till 194.22
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 138.05 |
| Downside Target | 144.30 |
| Downside Target | 168.80 |
| Downside 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 | 158.62 |
| Downside Intraday Target | 133.48 |
| Upside Intraday Target | 197.12 |
| Upside Intraday Target | 210.48 |
| Downside Intraday Target | 171.98 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 183.75 | 184.10 | 185.35 | 146.85 | 1.595 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 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 |
| 05 Wed Jun 2024 | 183.75 | 184.10 | 185.35 | 146.85 | 0.24 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 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 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 losing momentum.
MACD generated a SELL signal for Zomato in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 180.29 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 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 losing momentum.
MACD generated a SELL signal for Zomato in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 180.29 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 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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