(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 2024-06-12 View latest technical analysis
10 day averaged volume of Zomato is 3294421
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 179.70 | 184.50 | 184.95 | 179.30 | 0.843 times |
| 11 Tue Jun 2024 | 184.05 | 182.30 | 186.00 | 180.05 | 1.728 times |
| 10 Mon Jun 2024 | 181.85 | 184.00 | 186.50 | 180.20 | 0.785 times |
| 07 Fri Jun 2024 | 184.05 | 182.25 | 186.90 | 180.70 | 0.941 times |
| 06 Thu Jun 2024 | 183.65 | 184.75 | 185.75 | 182.55 | 0.268 times |
| 05 Wed Jun 2024 | 183.75 | 173.05 | 185.30 | 166.65 | 2.26 times |
| 04 Tue Jun 2024 | 172.10 | 176.95 | 176.95 | 146.85 | 1.722 times |
| 03 Mon Jun 2024 | 175.10 | 184.10 | 185.35 | 172.80 | 0.813 times |
| 31 Fri May 2024 | 178.90 | 178.95 | 182.95 | 171.25 | 0.95 times |
| 30 Thu May 2024 | 180.55 | 183.55 | 185.00 | 179.00 | 0.172 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 178.2 as stoploss in an intra day buy trade for a target of 184. However, stock will show a bearish move below 178.2.
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 | 186.50 |
| Upside Target | 186.90 |
| Upside Target | 188.95 |
| Upside Target | 196.50 |
| Upside Target | 199.75 |
| Upside Target | 207.30 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 177.17 |
| Downside Intraday Target | 174.63 |
| Upside Intraday Target | 184.37 |
| Upside Intraday Target | 189.03 |
| Upside Intraday Target | 181.83 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 179.70 | 184.00 | 186.50 | 179.30 | 0.559 times |
| 07 Fri Jun 2024 | 184.05 | 184.10 | 186.90 | 146.85 | 1.997 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 |
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 |
| 12 Wed Jun 2024 | 179.70 | 184.10 | 186.90 | 146.85 | 0.469 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 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 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 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 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 coming down
CCI has generated a SELL signal for Zomato in short term but SELL 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
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 180.28 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 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 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 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 coming down
CCI has generated a SELL signal for Zomato in short term but SELL 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
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 180.28 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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