(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 2024-08-05 View latest technical analysis
10 day averaged volume of Zomato is 5067691
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 256.30 | 256.95 | 265.00 | 248.95 | 2.61 times |
| 02 Fri Aug 2024 | 262.45 | 244.00 | 278.45 | 243.75 | 5.878 times |
| 01 Thu Aug 2024 | 234.10 | 231.45 | 238.00 | 228.05 | 1.417 times |
| 31 Wed Jul 2024 | 229.50 | 228.85 | 230.05 | 226.00 | 0.413 times |
| 30 Tue Jul 2024 | 227.20 | 226.30 | 231.00 | 225.10 | 0.503 times |
| 29 Mon Jul 2024 | 226.90 | 226.20 | 229.55 | 224.25 | 0.408 times |
| 26 Fri Jul 2024 | 224.55 | 219.70 | 226.60 | 216.80 | 0.229 times |
| 25 Thu Jul 2024 | 219.05 | 221.00 | 223.90 | 217.00 | 0.352 times |
| 24 Wed Jul 2024 | 223.70 | 217.80 | 225.50 | 215.70 | 0.237 times |
| 23 Tue Jul 2024 | 217.85 | 222.25 | 223.60 | 206.95 | 0.3 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 bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 253.8, for a target of 238.1 or 225.02
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 146.85 |
| Downside Target | 171.25 |
| Downside Target | 177.85 |
| Downside Target | 194.65 |
| Downside Target | 199.75 |
| Downside Target | 204.65 |
| Downside Target | 223.40 |
| Downside Target | 232.00 |
| Downside Target | 248.95 |
| Upside Target | 265.00 |
| Upside Target | 278.45 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 248.5 |
| Downside Intraday Target | 240.7 |
| Upside Intraday Target | 264.55 |
| Upside Intraday Target | 272.8 |
| Upside Intraday Target | 256.75 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 256.30 | 256.95 | 265.00 | 248.95 | 0.303 times |
| 02 Fri Aug 2024 | 262.45 | 226.20 | 278.45 | 224.25 | 6.238 times |
| 26 Fri Jul 2024 | 224.55 | 214.00 | 226.60 | 206.95 | 0.92 times |
| 19 Fri Jul 2024 | 218.80 | 225.00 | 232.00 | 210.20 | 0.938 times |
| 12 Fri Jul 2024 | 222.45 | 208.05 | 223.40 | 206.00 | 0.574 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 |
| 05 Mon Aug 2024 | 256.30 | 231.45 | 278.45 | 228.05 | 1.152 times |
| 31 Wed Jul 2024 | 229.50 | 199.95 | 232.00 | 194.65 | 0.606 times |
| 28 Fri Jun 2024 | 200.35 | 184.10 | 204.65 | 146.85 | 1.095 times |
| 31 Fri May 2024 | 178.90 | 193.85 | 207.30 | 171.25 | 1.303 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 Strong 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 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 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 250.42 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 Strong 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 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 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 250.42 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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