(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 57519097
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu Nov 2023 | 118.55 | 118.80 | 120.70 | 116.15 | 3.915 times |
| 29 Wed Nov 2023 | 116.60 | 117.00 | 119.20 | 114.00 | 2.004 times |
| 28 Tue Nov 2023 | 113.80 | 114.90 | 116.90 | 113.50 | 1.077 times |
| 24 Fri Nov 2023 | 113.25 | 114.15 | 116.00 | 112.90 | 0.869 times |
| 23 Thu Nov 2023 | 112.95 | 113.60 | 115.75 | 112.50 | 0.979 times |
| 22 Wed Nov 2023 | 115.30 | 116.00 | 117.80 | 114.35 | 0.918 times |
| 21 Tue Nov 2023 | 116.50 | 118.55 | 119.00 | 116.05 | 0.786 times |
| 20 Mon Nov 2023 | 118.15 | 122.85 | 123.40 | 117.35 | 0.918 times |
| 17 Fri Nov 2023 | 122.20 | 122.00 | 125.00 | 121.50 | 0.763 times |
| 16 Thu Nov 2023 | 121.85 | 120.90 | 122.55 | 120.70 | 0.641 times |
Stock of Zomato (ZOMATO) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 114.2 or till 109. Use a stoploss of 118.59 and if the stock hits stoploss, then it can shoot up till 122.95
Share price targets for Zomato (ZOMATO)
| Target Type | Value |
| Downside Target | 73.00 |
| Downside Target | 81.60 |
| Downside Target | 87.25 |
| Downside Target | 96.50 |
| Downside Target | 100.00 |
| Downside Target | 102.85 |
| Downside Target | 112.50 |
| Downside Target | 118.25 |
| Upside Target | 119.90 |
| Upside Target | 120.70 |
| Upside Target | 123.40 |
| Upside Target | 125.20 |
| Upside Target | 126.35 |
Intraday share price targets for Zomato (ZOMATO)
| Target Type | Value |
| Downside Intraday Target | 114.47 |
| Downside Intraday Target | 110.38 |
| Upside Intraday Target | 121.67 |
| Upside Intraday Target | 124.78 |
| Downside Intraday Target | 117.58 |
Weekly technical analysis of Zomato (ZOMATO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu Nov 2023 | 118.55 | 114.90 | 120.70 | 113.50 | 1.565 times |
| 24 Fri Nov 2023 | 113.25 | 122.85 | 123.40 | 112.50 | 1.43 times |
| 17 Fri Nov 2023 | 122.20 | 123.25 | 125.20 | 119.75 | 0.378 times |
| 10 Fri Nov 2023 | 121.30 | 119.60 | 126.35 | 118.25 | 1.103 times |
| 03 Fri Nov 2023 | 116.50 | 106.20 | 119.90 | 103.25 | 1.525 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Zomato (ZOMATO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 30 Thu Nov 2023 | 118.55 | 105.60 | 126.35 | 103.25 | 1.147 times |
| 31 Tue Oct 2023 | 105.10 | 101.00 | 115.10 | 100.00 | 1.117 times |
| 29 Fri Sep 2023 | 101.50 | 98.30 | 105.00 | 96.50 | 0.538 times |
| 31 Thu Aug 2023 | 97.60 | 84.60 | 102.85 | 81.60 | 1.922 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 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 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 Strong 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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 117.06 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 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.
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 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 Strong 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 and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 117.06 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 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.
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