Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ZOMATO_BL) Zomato complete technical analysis [charts+indicators] | Buy/Sell Zomato | (ZOMATO_BL) share price targets

Complete technical analysis of Zomato (ZOMATO_BL) by charts plus indicators, forecast predictions and share price targets for Zomato (ZOMATO_BL)

Showing technical analysis as on 2024-01-25 View latest technical analysis

10 day averaged volume of Zomato is 37480675

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	136.20	136.20	136.20	136.20	0.231 times
15 Mon Jan 2024	138.15	138.15	138.15	138.15	1.201 times
08 Fri Dec 2023	120.50	120.50	120.50	120.50	2.496 times
20 Fri Oct 2023	111.20	111.20	111.20	111.20	2.496 times
30 Wed Aug 2023	94.70	94.70	94.70	94.70	2.668 times
28 Mon Aug 2023	90.10	90.10	90.10	90.10	0.853 times
14 Mon Nov 2022	72.80	72.80	72.80	72.80	0.069 times
03 Thu Nov 2022	63.00	63.00	63.00	63.00	0.069 times
03 Mon Oct 2022	62.35	62.35	62.35	62.35	0.074 times
25 Mon Jul 2022	53.65	53.65	53.65	53.65	0.074 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 0, for a target of 0 or

Share price targets for Zomato (ZOMATO_BL)

Target Type	Value
Downside Target	62.35
Downside Target	72.80
Downside Target	90.10
Downside Target	94.70
Downside Target	111.20
Downside Target	120.50
Downside Target	136.20
Upside Target	138.15

Intraday share price targets for Zomato (ZOMATO_BL)

Target Type	Value
Downside Intraday Target	135.55
Downside Intraday Target	134.9
Upside Intraday Target	137.5
Upside Intraday Target	138.8
Upside Intraday Target	136.85

Weekly technical analysis of Zomato (ZOMATO_BL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	136.20	138.15	138.15	136.20	0.573 times
08 Fri Dec 2023	120.50	120.50	120.50	120.50	0.415 times
20 Fri Oct 2023	111.20	90.10	111.20	90.10	87.81 times
14 Mon Nov 2022	72.80	72.80	72.80	72.80	0.482 times
03 Thu Nov 2022	63.00	62.35	63.00	62.35	1.911 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_BL)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	136.20	138.15	138.15	136.20	0.573 times
08 Fri Dec 2023	120.50	120.50	120.50	120.50	1 times
20 Fri Oct 2023	111.20	111.20	111.20	111.20	0.709 times
30 Wed Aug 2023	94.70	90.10	94.70	90.10	25.691 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_BL)

Price action analysis of Zomato ( (ZOMATO_BL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Zomato ( (ZOMATO_BL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Zomato ( (ZOMATO_BL) ) 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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal.

Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

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 and Zomato (ZOMATO_BL) 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_BL) stock. Volume based technical analysis of Zomato (ZOMATO_BL) stock is negative.

Zomato Stock has given negative 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.