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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 2024-12-31 View latest technical analysis

10 day averaged volume of Zomato is 73541550

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	278.05	278.00	281.60	275.00	0.434 times
30 Mon Dec 2024	282.10	271.25	291.60	269.80	1.952 times
27 Fri Dec 2024	271.25	274.90	275.90	269.75	0.258 times
26 Thu Dec 2024	273.20	276.60	276.80	271.25	0.354 times
24 Tue Dec 2024	274.85	274.50	277.00	269.10	0.503 times
23 Mon Dec 2024	273.95	273.90	282.90	272.00	1.014 times
20 Fri Dec 2024	282.10	290.00	290.50	274.20	3.691 times
19 Thu Dec 2024	288.50	288.05	290.20	284.70	0.426 times
18 Wed Dec 2024	291.90	297.70	297.70	290.00	0.385 times
17 Tue Dec 2024	296.80	295.50	303.45	292.30	0.989 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 277.4 as stoploss in an intra day buy trade for a target of 286.57. However, stock will show a bearish move below 277.4.

Share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Target	228.00
Downside Target	239.45
Downside Target	269.10
Upside Target	289.70
Upside Target	290.00
Upside Target	291.60
Upside Target	298.25
Upside Target	303.45
Upside Target	304.65
Upside Target	304.70

Intraday share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Intraday Target	268.03
Downside Intraday Target	258.02
Upside Intraday Target	289.83
Upside Intraday Target	301.62
Upside Intraday Target	279.82

Weekly technical analysis of Zomato (ZOMATO)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	278.05	271.25	291.60	269.80	1.12 times
27 Fri Dec 2024	271.25	273.90	282.90	269.10	0.36 times
20 Fri Dec 2024	282.10	289.00	303.45	274.20	2.1 times
13 Fri Dec 2024	288.25	304.70	304.70	278.20	0.79 times
06 Fri Dec 2024	302.95	281.90	304.65	279.00	0.733 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
31 Tue Dec 2024	278.05	281.90	304.70	269.10	1.169 times
29 Fri Nov 2024	279.76	244.40	289.70	239.45	0.883 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

Scroll below to view daily charts

Price has moved down 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 neutral. A longer time frame might give a better analysis.

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 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

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 282.24 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.