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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 2024-10-08 View latest technical analysis

10 day averaged volume of Zomato is 45952627

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	278.70	266.00	280.90	262.60	1.501 times
07 Mon Oct 2024	266.10	278.55	279.00	261.60	1.118 times
04 Fri Oct 2024	275.30	267.00	277.85	264.10	1.286 times
03 Thu Oct 2024	269.00	269.70	272.45	268.00	0.888 times
01 Tue Oct 2024	274.15	272.55	276.45	271.30	0.699 times
30 Mon Sep 2024	273.30	277.90	277.90	272.45	0.892 times
27 Fri Sep 2024	278.15	275.40	286.90	273.50	1.28 times
26 Thu Sep 2024	283.90	285.40	285.90	278.50	0.85 times
25 Wed Sep 2024	285.40	291.80	291.85	283.05	1.038 times
24 Tue Sep 2024	291.70	298.00	298.00	290.25	0.889 times

My analysis of stock is bullish for shortterm, and stock might move up till 286.3 or till 296. Use a stoploss of 278.13 and if this stock hits its stoploss, then it can fall down till 269.99

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	261.60
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	266.57
Downside Intraday Target	254.43
Upside Intraday Target	285.87
Upside Intraday Target	293.03
Downside Intraday Target	273.73

Weekly technical analysis of Zomato (ZOMATO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	278.70	278.55	280.90	261.60	0.696 times
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

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
08 Tue Oct 2024	278.70	272.55	280.90	261.60	0.19 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are weakening, and bulls 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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 277.47 and Zomato (ZOMATO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.