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(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 2024-08-13 View latest technical analysis

10 day averaged volume of Zomato is 111231680

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	257.08	265.00	265.40	256.00	0.235 times
12 Mon Aug 2024	263.43	263.50	266.49	261.35	0.301 times
09 Fri Aug 2024	267.09	267.73	272.90	265.55	0.473 times
08 Thu Aug 2024	265.59	265.00	267.50	260.00	0.521 times
07 Wed Aug 2024	265.67	261.53	267.60	251.81	1.145 times
06 Tue Aug 2024	249.08	265.90	275.00	247.20	1.29 times
05 Mon Aug 2024	256.29	254.00	265.55	249.00	1.403 times
02 Fri Aug 2024	262.34	244.50	278.70	243.00	3.498 times
01 Thu Aug 2024	234.09	231.00	238.00	228.00	0.79 times
31 Wed Jul 2024	229.45	227.61	230.14	226.05	0.225 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 257.5 as stoploss in an intra day sell trade for a target of 238.41. However, stock will show a bullish move above 257.5.

Share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Target	146.30
Downside Target	171.25
Downside Target	177.85
Downside Target	194.56
Downside Target	199.70
Downside Target	204.70
Downside Target	224.10
Downside Target	247.20
Downside Target	256.00
Upside Target	266.49
Upside Target	275.00
Upside Target	278.70

Intraday share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Intraday Target	253.22
Downside Intraday Target	249.37
Upside Intraday Target	263.71
Upside Intraday Target	270.35
Upside Intraday Target	259.86

Weekly technical analysis of Zomato (ZOMATO)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	257.08	263.50	266.49	256.00	0.111 times
09 Fri Aug 2024	267.09	254.00	275.00	247.20	0.924 times
02 Fri Aug 2024	262.34	226.62	278.70	224.10	3.539 times
26 Fri Jul 2024	224.62	214.00	226.62	207.00	0.849 times
19 Fri Jul 2024	218.89	225.00	232.00	210.25	1.083 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
13 Tue Aug 2024	257.08	231.00	278.70	228.00	1.217 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
31 Fri May 2024	179.15	193.60	207.20	171.25	1.452 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 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 losing 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 coming down

CCI has generated a SELL signal for Zomato in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 257.44 and Zomato (ZOMATO) stock is trading below this level. This means that stock is falling with high volumes. 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.