(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 2024-03-06 View latest technical analysis
10 day averaged volume of Zomato is 1908132
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 161.60 | 163.45 | 164.00 | 157.70 | 101.195 times |
| 05 Tue Mar 2024 | 166.05 | 171.55 | 171.55 | 164.05 | 0.382 times |
| 04 Mon Mar 2024 | 169.75 | 168.30 | 175.50 | 168.00 | 1.88 times |
| 02 Sat Mar 2024 | 167.65 | 168.65 | 168.65 | 158.20 | 0.139 times |
| 01 Fri Mar 2024 | 166.50 | 167.60 | 173.45 | 165.70 | 1.643 times |
| 29 Thu Feb 2024 | 165.50 | 157.10 | 168.80 | 155.45 | 1.512 times |
| 28 Wed Feb 2024 | 159.15 | 161.65 | 162.00 | 155.30 | 0.58 times |
| 27 Tue Feb 2024 | 161.25 | 164.10 | 164.10 | 158.00 | 0.396 times |
| 26 Mon Feb 2024 | 164.10 | 165.05 | 168.40 | 163.20 | 0.503 times |
| 23 Fri Feb 2024 | 164.00 | 162.95 | 164.80 | 160.70 | 0.482 times |
Stock of Zomato (Zomato) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, and stock might move up till 165.7 or till 172.2. Use a stoploss of 160.32 and if this stock hits its stoploss, then it can fall down till 154.9
Share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Target | 103.25 |
| Downside Target | 114.25 |
| Downside Target | 121.70 |
| Downside Target | 126.10 |
| Downside Target | 131.75 |
| Downside Target | 138.05 |
| Downside Target | 142.00 |
| Downside Target | 149.40 |
| Downside Target | 155.30 |
| Upside Target | 167.85 |
| Upside Target | 168.80 |
| Upside Target | 173.45 |
| Upside Target | 175.50 |
Intraday share price targets for Zomato (Zomato)
| Target Type | Value |
| Downside Intraday Target | 154.37 |
| Downside Intraday Target | 147.13 |
| Upside Intraday Target | 172.17 |
| Upside Intraday Target | 182.73 |
| Upside Intraday Target | 164.93 |
Weekly technical analysis of Zomato (Zomato)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 161.60 | 168.30 | 175.50 | 157.70 | 21.681 times |
| 02 Sat Mar 2024 | 167.65 | 165.05 | 173.45 | 155.30 | 0.497 times |
| 23 Fri Feb 2024 | 164.00 | 157.50 | 167.85 | 155.40 | 0.659 times |
| 16 Fri Feb 2024 | 156.70 | 151.00 | 160.00 | 149.40 | 0.869 times |
| 09 Fri Feb 2024 | 149.45 | 144.65 | 151.45 | 138.05 | 1.682 times |
Price has moved down 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 |
| 06 Wed Mar 2024 | 161.60 | 167.60 | 175.50 | 157.70 | 2.236 times |
| 29 Thu Feb 2024 | 165.50 | 140.45 | 168.80 | 138.05 | 1.129 times |
| 31 Wed Jan 2024 | 139.50 | 124.60 | 142.00 | 121.70 | 1.231 times |
| 29 Fri Dec 2023 | 123.70 | 118.30 | 131.75 | 114.25 | 0.169 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Zomato in short term but the sell signal is initial and weak.
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. Bulls are getting tired and bears 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 SELL signal in short term and selling is picking up 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 161.9 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.
Price action analysis of Zomato ( (Zomato) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Zomato in short term but the sell signal is initial and weak.
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. Bulls are getting tired and bears 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 SELL signal in short term and selling is picking up 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 161.9 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.
Click here for further forecast and predictions for tomorrow