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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 2024-11-22 View latest technical analysis

10 day averaged volume of Zomato is 56930062

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	264.20	266.80	268.99	262.55	0.468 times
21 Thu Nov 2024	266.81	273.70	275.49	262.11	1.014 times
19 Tue Nov 2024	271.36	271.94	272.70	267.66	0.755 times
18 Mon Nov 2024	270.79	274.30	274.40	269.36	1.05 times
14 Thu Nov 2024	269.66	261.50	271.00	260.70	1.493 times
13 Wed Nov 2024	258.40	258.08	263.43	254.53	1.08 times
12 Tue Nov 2024	260.99	259.95	264.90	255.30	0.895 times
11 Mon Nov 2024	258.62	244.75	259.50	244.00	0.772 times
08 Fri Nov 2024	248.73	256.20	258.12	245.90	0.855 times
07 Thu Nov 2024	255.22	257.00	262.45	254.00	1.001 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 264.9 as stoploss in an intra day sell trade for a target of 255.93. However, stock will show a bullish move above 264.9.

Share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Target	194.56
Downside Target	228.00
Downside Target	239.45
Downside Target	259.25
Downside Target	262.45
Upside Target	270.90
Upside Target	271.00
Upside Target	275.49
Upside Target	280.90
Upside Target	290.00
Upside Target	298.25

Intraday share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Intraday Target	259.04
Downside Intraday Target	253.89
Upside Intraday Target	272.42
Upside Intraday Target	280.65
Upside Intraday Target	267.27

Weekly technical analysis of Zomato (ZOMATO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	264.20	274.30	275.49	262.11	0.775 times
14 Thu Nov 2024	269.66	244.75	271.00	244.00	0.933 times
08 Fri Nov 2024	248.73	242.93	262.45	239.45	1.527 times
01 Fri Nov 2024	248.99	252.00	259.25	240.40	0.379 times
25 Fri Oct 2024	253.80	258.00	270.90	242.10	2.002 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
22 Fri Nov 2024	264.20	244.40	275.49	239.45	0.584 times
31 Thu Oct 2024	241.75	272.55	290.00	240.40	0.904 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

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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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

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 red color and prices are in or above the red 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 and the buying is gaining 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 262.86 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.