(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 4526950
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 194.75 | 195.00 | 195.95 | 193.15 | 0.39 times |
| 16 Thu May 2024 | 195.20 | 193.25 | 195.90 | 189.00 | 0.243 times |
| 15 Wed May 2024 | 191.95 | 188.95 | 193.30 | 183.00 | 0.882 times |
| 14 Tue May 2024 | 187.45 | 192.50 | 193.45 | 182.10 | 1.076 times |
| 13 Mon May 2024 | 193.70 | 205.50 | 207.30 | 186.90 | 2.234 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 196.7 as stoploss in an intra day sell trade for a target of 192.46. However, stock will show a bullish move above 196.7.
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 121.70 |
| Downside Target | 138.05 |
| Downside Target | 142.00 |
| Downside Target | 168.80 |
| Downside Target | 177.85 |
| Downside Target | 181.45 |
| Downside Target | 186.40 |
| Upside Target | 197.80 |
| Upside Target | 199.75 |
| Upside Target | 200.35 |
| Upside Target | 205.00 |
| Upside Target | 207.30 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 182.13 |
| Downside Intraday Target | 169.52 |
| Upside Intraday Target | 207.33 |
| Upside Intraday Target | 219.92 |
| Downside Intraday Target | 194.72 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 194.75 | 205.50 | 207.30 | 182.10 | 0.932 times |
| 10 Fri May 2024 | 201.40 | 198.30 | 205.00 | 182.25 | 2.774 times |
| 03 Fri May 2024 | 197.25 | 189.65 | 200.35 | 186.40 | 0.843 times |
| 26 Fri Apr 2024 | 188.15 | 193.00 | 197.80 | 182.35 | 0.682 times |
| 19 Fri Apr 2024 | 189.20 | 184.00 | 192.40 | 181.45 | 1.698 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 |
| 17 Fri May 2024 | 194.75 | 193.85 | 207.30 | 182.10 | 0.937 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 |
| 29 Thu Feb 2024 | 165.50 | 140.45 | 168.80 | 138.05 | 1.129 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 | 17, 16, 3 | Buy |
| MACD | 8, 10 | Sell |
| Stochastics | 47 | None |
| CCI | 23 | Buy |
| RSI | 54 | Buy |
| OBV | -7042400 | Sell |
| VWAP | 195 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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 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 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 gaining momentum.
MACD generated a SELL signal for Zomato in short term but the sell signal is initial and weak.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 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 194.68 and Zomato (Zomato) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
Click here for further forecast and predictions for tomorrow
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