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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 2024-10-04 View latest technical analysis

10 day averaged volume of Zomato is 48168313

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	275.30	267.00	277.85	264.10	1.227 times
03 Thu Oct 2024	269.00	269.70	272.45	268.00	0.847 times
01 Tue Oct 2024	274.15	272.55	276.45	271.30	0.667 times
30 Mon Sep 2024	273.30	277.90	277.90	272.45	0.851 times
27 Fri Sep 2024	278.15	275.40	286.90	273.50	1.221 times
26 Thu Sep 2024	283.90	285.40	285.90	278.50	0.811 times
25 Wed Sep 2024	285.40	291.80	291.85	283.05	0.99 times
24 Tue Sep 2024	291.70	298.00	298.00	290.25	0.848 times
23 Mon Sep 2024	297.00	292.00	298.25	290.55	1.012 times
20 Fri Sep 2024	290.50	279.00	293.00	278.95	1.753 times

My analysis of stock is bearish for shortterm, and stock might move down till 267.8 or till 256.7. Use a stoploss of 277.05 and if the stock hits stoploss, then it can shoot up till 286.3

Share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Target	146.30
Downside Target	194.56
Downside Target	204.70
Downside Target	228.00
Downside Target	240.40
Downside Target	256.30
Downside Target	262.15
Upside Target	277.90
Upside Target	280.90
Upside Target	286.45
Upside Target	293.00
Upside Target	298.25

Intraday share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Intraday Target	266.97
Downside Intraday Target	258.63
Upside Intraday Target	280.77
Upside Intraday Target	286.23
Downside Intraday Target	272.43

Weekly technical analysis of Zomato (ZOMATO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	275.30	277.90	277.90	264.10	0.736 times
27 Fri Sep 2024	278.15	292.00	298.25	273.50	0.963 times
20 Fri Sep 2024	290.50	274.50	293.00	269.20	0.564 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

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
04 Fri Oct 2024	275.30	272.55	277.85	264.10	0.1 times
30 Mon Sep 2024	273.30	252.00	298.25	240.40	0.749 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

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 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 gaining 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

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 282.65 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.