(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 2024-08-16 View latest technical analysis
10 day averaged volume of Zomato is 8256683
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 264.50 | 262.80 | 266.10 | 257.10 | 0.196 times |
| 14 Wed Aug 2024 | 259.60 | 260.90 | 264.40 | 255.45 | 0.22 times |
| 13 Tue Aug 2024 | 256.90 | 265.00 | 265.60 | 256.00 | 0.254 times |
| 12 Mon Aug 2024 | 263.45 | 263.75 | 266.50 | 261.50 | 0.22 times |
| 09 Fri Aug 2024 | 266.90 | 267.35 | 272.90 | 265.70 | 0.605 times |
| 08 Thu Aug 2024 | 265.60 | 265.40 | 267.50 | 260.10 | 0.569 times |
| 07 Wed Aug 2024 | 265.75 | 261.05 | 267.65 | 251.80 | 0.631 times |
| 06 Tue Aug 2024 | 249.00 | 263.05 | 274.90 | 247.20 | 1.421 times |
| 05 Mon Aug 2024 | 256.30 | 256.95 | 265.00 | 248.95 | 1.602 times |
| 02 Fri Aug 2024 | 262.45 | 244.00 | 278.45 | 243.75 | 3.608 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 261.8, but if it comes below 261.8, then a intra day sell could be more profitable.
If you take a sell trade below 261.8, then use 261.8 as stoploss and 242.69 as target. However if you take a buy trade in stock , then use 261.8 as stoploss and 284.6 as target.
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 | 224.25 |
| Downside Target | 247.20 |
| Downside Target | 255.45 |
| Upside Target | 266.50 |
| Upside Target | 274.90 |
| Upside Target | 278.45 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 257.8 |
| Downside Intraday Target | 251.1 |
| Upside Intraday Target | 268.85 |
| Upside Intraday Target | 273.2 |
| Downside Intraday Target | 262.15 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 264.50 | 263.75 | 266.50 | 255.45 | 0.184 times |
| 09 Fri Aug 2024 | 266.90 | 256.95 | 274.90 | 247.20 | 0.913 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 |
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 |
| 16 Fri Aug 2024 | 264.50 | 231.45 | 278.45 | 228.05 | 1.932 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, and volume has increased substantially. This means that the move can 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 gaining momentum.
MACD generated a BUY signal for Zomato in short term and the buy 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. 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 moving up
CCI has generated a buy signal for Zomato in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Zomato is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 259.9 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 gaining momentum.
MACD generated a BUY signal for Zomato in short term and the buy 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. 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 moving up
CCI has generated a buy signal for Zomato in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Zomato is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 259.9 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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