Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-01 View latest technical analysis

10 day averaged volume of Zomato is 48825926

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	184.50	183.90	188.20	182.75	0.426 times
28 Thu Mar 2024	182.10	179.80	184.70	176.00	0.872 times
27 Wed Mar 2024	179.45	183.60	189.00	177.20	1.035 times
26 Tue Mar 2024	182.60	173.40	183.65	172.20	1.323 times
22 Fri Mar 2024	174.20	170.45	174.90	169.05	0.856 times
21 Thu Mar 2024	169.65	168.00	171.00	166.40	0.865 times
20 Wed Mar 2024	165.60	159.45	166.70	159.00	0.933 times
19 Tue Mar 2024	157.95	158.60	161.45	156.50	0.509 times
18 Mon Mar 2024	158.25	162.50	164.45	157.25	0.725 times
15 Fri Mar 2024	160.05	152.85	161.70	152.45	1.947 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 188.2, for a target of 176.1 or 165.94

Share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Target	114.15
Downside Target	121.60
Downside Target	131.75
Downside Target	138.05
Downside Target	142.00
Downside Target	156.50
Downside Target	163.20
Downside Target	168.85
Downside Target	182.75
Upside Target	188.20
Upside Target	189.00

Intraday share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Intraday Target	182.1
Downside Intraday Target	179.7
Upside Intraday Target	187.55
Upside Intraday Target	190.6
Upside Intraday Target	185.15

Weekly technical analysis of Zomato (ZOMATO)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	184.50	183.90	188.20	182.75	0.132 times
28 Thu Mar 2024	182.10	173.40	189.00	172.20	0.831 times
22 Fri Mar 2024	174.20	162.50	174.90	156.50	0.686 times
15 Fri Mar 2024	160.05	161.00	163.20	144.30	1.233 times
07 Thu Mar 2024	160.00	168.00	175.60	157.50	0.687 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
01 Mon Apr 2024	184.50	183.90	188.20	182.75	0.023 times
28 Thu Mar 2024	182.10	168.00	189.00	144.30	0.496 times
29 Thu Feb 2024	165.45	141.00	168.85	138.05	1.489 times
31 Wed Jan 2024	139.55	124.45	142.00	121.60	1.18 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 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 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 negative zone. This is the SELL 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 170.88 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.