(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)
10 day averaged volume of Zomato is 309795543
|Date||Daily Closing Price||Open||High||Low||Volume|
|12 Fri Aug 2022||61.75||58.10||63.10||57.90||1.134 times|
|11 Thu Aug 2022||57.90||56.90||58.15||56.35||0.423 times|
|10 Wed Aug 2022||55.95||56.20||56.55||54.50||0.648 times|
|08 Mon Aug 2022||55.45||54.70||56.20||54.20||0.575 times|
|05 Fri Aug 2022||54.60||57.90||59.15||53.25||1.017 times|
|04 Thu Aug 2022||57.85||55.75||58.65||54.50||1.356 times|
|03 Wed Aug 2022||55.45||52.50||56.90||51.75||1.936 times|
|02 Tue Aug 2022||55.55||50.00||55.55||48.40||1.707 times|
|01 Mon Aug 2022||46.30||46.80||47.25||45.05||0.439 times|
|30 Sat Jul 2022||46.80||45.60||47.20||44.55||0.572 times|
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 63.9, for a target of 57.6 or 52.34
Share price targets for Zomato (ZOMATO)
Intraday share price targets for Zomato (ZOMATO)
|Downside Intraday Target||56.27|
|Downside Intraday Target||50.78|
|Upside Intraday Target||65.17|
|Upside Intraday Target||68.58|
|Downside Intraday Target||59.68|
Weekly technical analysis of Zomato (ZOMATO)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|12 Fri Aug 2022||61.75||54.70||63.10||54.20||0.431 times|
|05 Fri Aug 2022||54.60||46.80||59.15||45.05||1.216 times|
|30 Sat Jul 2022||46.80||52.50||52.50||40.60||9.266 times|
|22 Fri Jul 2022||53.65||54.70||55.10||52.70||0.727 times|
|15 Fri Jul 2022||53.90||54.70||61.50||53.35||1.234 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|
|12 Fri Aug 2022||61.75||46.80||63.10||45.05||1.204 times|
|30 Sat Jul 2022||46.80||54.15||61.50||40.60||1.966 times|
|30 Thu Jun 2022||53.85||75.40||79.80||53.35||0.894 times|
|31 Tue May 2022||74.65||71.75||77.70||50.05||4.078 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||38, 15, 43||Buy|
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Zomato stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Zomato in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Zomato in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 55.66 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.