(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 2024-08-30 View latest technical analysis
10 day averaged volume of Zomato is 23572203
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 250.80 | 253.05 | 255.35 | 248.85 | 0.066 times |
| 29 Thu Aug 2024 | 252.20 | 254.15 | 256.30 | 248.55 | 0.098 times |
| 28 Wed Aug 2024 | 252.95 | 257.30 | 257.80 | 252.20 | 0.049 times |
| 27 Tue Aug 2024 | 256.00 | 260.50 | 261.50 | 255.50 | 0.107 times |
| 26 Mon Aug 2024 | 259.40 | 264.75 | 264.75 | 258.00 | 0.117 times |
| 23 Fri Aug 2024 | 262.70 | 260.50 | 269.75 | 258.50 | 0.171 times |
| 22 Thu Aug 2024 | 257.80 | 264.95 | 267.00 | 256.15 | 0.135 times |
| 21 Wed Aug 2024 | 259.95 | 263.40 | 264.45 | 258.95 | 0.09 times |
| 20 Tue Aug 2024 | 263.00 | 261.55 | 264.30 | 257.10 | 8.922 times |
| 19 Mon Aug 2024 | 262.30 | 275.50 | 280.00 | 261.15 | 0.244 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 254.3, but if it comes above 254.3, then a intra day buy could be more profitable.
If you take a sell trade below 254.3, then use 254.3 as stoploss and 248.1 as target. However if you take a buy trade in stock , then use 254.3 as stoploss and 259.38 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 |
| Upside Target | 255.45 |
| Upside Target | 264.75 |
| Upside Target | 266.50 |
| Upside Target | 274.90 |
| Upside Target | 278.45 |
| Upside Target | 280.00 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 244.65 |
| Downside Intraday Target | 238.5 |
| Upside Intraday Target | 260.85 |
| Upside Intraday Target | 270.9 |
| Upside Intraday Target | 254.7 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 250.80 | 264.75 | 264.75 | 248.55 | 0.046 times |
| 23 Fri Aug 2024 | 262.70 | 275.50 | 280.00 | 256.15 | 30.684 times |
| 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 |
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 |
| 30 Fri Aug 2024 | 250.80 | 231.45 | 280.00 | 228.05 | 7.341 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 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 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 SELL signal for Zomato in short term but the sell signal is initial and weak.
Zomato Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Zomato in short term and SELL signal is strong!
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
Although the stock is in the SELL zone, but selling 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 262.53 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 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 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 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 SELL signal for Zomato in short term but the sell signal is initial and weak.
Zomato Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Zomato in short term and SELL signal is strong!
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
Although the stock is in the SELL zone, but selling 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 262.53 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 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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