(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)
10 day averaged volume of Zomato is 67709487
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 290.50 | 279.00 | 293.00 | 278.95 | 1.247 times |
| 19 Thu Sep 2024 | 278.85 | 276.50 | 280.95 | 272.25 | 0.712 times |
| 18 Wed Sep 2024 | 275.85 | 270.65 | 277.85 | 269.90 | 0.446 times |
| 17 Tue Sep 2024 | 270.75 | 277.65 | 278.00 | 270.00 | 0.495 times |
| 16 Mon Sep 2024 | 277.70 | 274.50 | 282.00 | 269.20 | 0.706 times |
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 293.1, for a target of 277.1 or 263.71
Share price targets for Zomato (ZOMATO)
| Target Type | Value |
| Downside Target | 146.30 |
| Downside Target | 171.25 |
| Downside Target | 194.56 |
| Downside Target | 204.70 |
| Downside Target | 228.00 |
| Downside Target | 240.40 |
| Downside Target | 248.51 |
| Downside Target | 256.01 |
| Downside Target | 262.15 |
| Downside Target | 280.90 |
| Downside Target | 286.45 |
| Upside Target | 293.00 |
Intraday share price targets for Zomato (ZOMATO)
| Target Type | Value |
| Downside Intraday Target | 275.47 |
| Downside Intraday Target | 260.43 |
| Upside Intraday Target | 299.27 |
| Upside Intraday Target | 308.03 |
| Downside Intraday Target | 284.23 |
Weekly technical analysis of Zomato (ZOMATO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 290.50 | 274.50 | 293.00 | 269.20 | 0.564 times |
| 13 Fri Sep 2024 | 272.90 | 260.00 | 286.45 | 256.30 | 1.162 times |
| 06 Fri Sep 2024 | 259.95 | 252.00 | 262.15 | 240.40 | 2.018 times |
| 30 Fri Aug 2024 | 250.53 | 263.80 | 264.42 | 248.51 | 0.432 times |
| 23 Fri Aug 2024 | 262.65 | 278.00 | 280.90 | 256.01 | 2.963 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 |
| 20 Fri Sep 2024 | 290.50 | 252.00 | 293.00 | 240.40 | 0.593 times |
| 30 Fri Aug 2024 | 250.53 | 231.00 | 280.90 | 228.00 | 2.007 times |
| 31 Wed Jul 2024 | 229.45 | 199.71 | 232.00 | 194.56 | 1.009 times |
| 28 Fri Jun 2024 | 200.56 | 184.50 | 204.70 | 146.30 | 0.838 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 33, 9, 58 | Buy |
| MACD | 19, 17 | Buy |
| Stochastics | 81 | Buy |
| CCI | 167 | Buy |
| RSI | 58 | Buy |
| OBV | 506725356 | Sell |
| VWAP | 276 | Buy |
| ADL | 0 | Sell |
| ROC | 12 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Zomato ( (ZOMATO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Zomato ( (ZOMATO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
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 red color and prices are in or above the red 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 and the buying is gaining 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 275.96 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.
Click here for further forecast and predictions for tomorrow
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