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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 2024-09-17 View latest technical analysis

10 day averaged volume of Zomato is 79734137

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	270.75	277.65	278.00	270.00	0.42 times
16 Mon Sep 2024	277.70	274.50	282.00	269.20	0.599 times
13 Fri Sep 2024	272.90	285.40	286.45	271.10	1.03 times
12 Thu Sep 2024	283.90	276.30	286.00	274.30	1.275 times
11 Wed Sep 2024	271.75	268.25	281.50	268.10	1.529 times
10 Tue Sep 2024	267.70	265.85	270.30	259.55	0.861 times
09 Mon Sep 2024	263.20	260.00	265.00	256.30	0.734 times
06 Fri Sep 2024	259.95	255.00	262.15	254.25	0.949 times
05 Thu Sep 2024	254.85	248.05	261.60	246.00	1.45 times
04 Wed Sep 2024	242.85	244.45	245.00	240.40	0.737 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 271.2 as stoploss in an intra day sell trade for a target of 260.48. However, stock will show a bullish move above 271.2.

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
Upside Target	280.90
Upside Target	282.00
Upside Target	286.45

Intraday share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Intraday Target	265.97
Downside Intraday Target	261.18
Upside Intraday Target	278.77
Upside Intraday Target	286.78
Upside Intraday Target	273.98

Weekly technical analysis of Zomato (ZOMATO)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	270.75	274.50	282.00	269.20	0.188 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 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 Tue Sep 2024	270.75	252.00	286.45	240.40	0.501 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

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 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 losing momentum.

MACD generated a BUY signal for Zomato in short term and the buy signal is strong.

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 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 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 266.85 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.