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 2024-08-29 View latest technical analysis

10 day averaged volume of Zomato is 60882493

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	252.34	254.78	256.35	248.51	0.62 times
28 Wed Aug 2024	253.04	257.00	257.74	252.15	0.47 times
27 Tue Aug 2024	256.05	260.75	261.40	255.40	0.523 times
26 Mon Aug 2024	259.39	263.80	264.42	258.10	0.594 times
23 Fri Aug 2024	262.65	260.41	269.90	258.31	1.679 times
22 Thu Aug 2024	257.96	264.00	267.00	256.01	1.214 times
21 Wed Aug 2024	260.03	263.12	264.45	259.00	0.634 times
20 Tue Aug 2024	263.12	262.00	264.45	258.25	2.175 times
19 Mon Aug 2024	262.17	278.00	280.90	261.00	1.321 times
16 Fri Aug 2024	264.43	260.70	266.20	257.01	0.705 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 251.3 as stoploss in an intra day buy trade for a target of 258.6. However, stock will show a bearish move below 251.3.

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
Upside Target	255.50
Upside Target	264.42
Upside Target	266.49
Upside Target	275.00
Upside Target	278.70
Upside Target	280.90

Intraday share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Intraday Target	245.76
Downside Intraday Target	239.18
Upside Intraday Target	261.67
Upside Intraday Target	271
Upside Intraday Target	255.09

Weekly technical analysis of Zomato (ZOMATO)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	252.34	263.80	264.42	248.51	0.314 times
23 Fri Aug 2024	262.65	278.00	280.90	256.01	2.963 times
16 Fri Aug 2024	264.43	263.50	266.49	255.50	0.269 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

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
29 Thu Aug 2024	252.34	231.00	280.90	228.00	1.95 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, 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 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 getting stronger in this stock.

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

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 260.43 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.