(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 2024-06-26 View latest technical analysis
10 day averaged volume of Zomato is 4074303
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Wed Jun 2024 | 197.30 | 202.25 | 203.50 | 196.05 | 0.614 times |
| 25 Tue Jun 2024 | 202.40 | 202.00 | 204.65 | 200.00 | 0.585 times |
| 24 Mon Jun 2024 | 194.10 | 198.00 | 199.90 | 193.10 | 0.3 times |
| 21 Fri Jun 2024 | 194.10 | 198.00 | 199.90 | 193.10 | 0.3 times |
| 20 Thu Jun 2024 | 196.95 | 200.00 | 201.90 | 195.00 | 1.049 times |
| 19 Wed Jun 2024 | 198.55 | 190.00 | 200.90 | 189.55 | 2.948 times |
| 18 Tue Jun 2024 | 188.70 | 187.90 | 189.00 | 184.90 | 0.36 times |
| 14 Fri Jun 2024 | 184.90 | 183.50 | 185.65 | 180.15 | 1.19 times |
| 13 Thu Jun 2024 | 184.90 | 183.50 | 185.65 | 180.15 | 1.19 times |
| 12 Wed Jun 2024 | 179.70 | 184.50 | 184.95 | 179.30 | 0.682 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 194.5, but if it comes below 194.5, then a intra day sell could be more profitable.
If you take a sell trade below 194.5, then use 194.5 as stoploss and 186.44 as target. However if you take a buy trade in stock , then use 194.5 as stoploss and 204.1 as target.
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 |
| Downside Target | 184.90 |
| Downside Target | 188.95 |
| Downside Target | 193.10 |
| Upside Target | 199.75 |
| Upside Target | 201.90 |
| Upside Target | 204.65 |
| Upside Target | 207.30 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 192.05 |
| Downside Intraday Target | 186.8 |
| Upside Intraday Target | 203.6 |
| Upside Intraday Target | 209.9 |
| Upside Intraday Target | 198.35 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Wed Jun 2024 | 197.30 | 198.00 | 204.65 | 193.10 | 0.322 times |
| 21 Fri Jun 2024 | 194.10 | 187.90 | 201.90 | 184.90 | 0.914 times |
| 14 Fri Jun 2024 | 184.90 | 184.00 | 186.50 | 179.30 | 1.049 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 |
Price has moved up 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 |
| 26 Wed Jun 2024 | 197.30 | 184.10 | 204.65 | 146.85 | 0.999 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 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 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 Weak and stock is losing 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 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 positive zone. This is a BUY 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 192.94 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 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 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 Weak and stock is losing 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 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 positive zone. This is a BUY 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 192.94 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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