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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 2024-03-12 View latest technical analysis

10 day averaged volume of Zomato is 21151836

Date Daily Closing Price Open High Low Volume
12 Tue Mar 2024 156.80 156.80 157.80 152.20 0.046 times
11 Mon Mar 2024 154.80 160.75 163.20 148.95 0.209 times
07 Thu Mar 2024 159.95 161.60 163.60 158.65 0.073 times
06 Wed Mar 2024 161.60 163.45 164.00 157.70 9.129 times
05 Tue Mar 2024 166.05 171.55 171.55 164.05 0.034 times
04 Mon Mar 2024 169.75 168.30 175.50 168.00 0.17 times
02 Sat Mar 2024 167.65 168.65 168.65 158.20 0.013 times
01 Fri Mar 2024 166.50 167.60 173.45 165.70 0.148 times
29 Thu Feb 2024 165.50 157.10 168.80 155.45 0.136 times
28 Wed Feb 2024 159.15 161.65 162.00 155.30 0.052 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 156.4 as stoploss in an intra day buy trade for a target of 161. However, stock will show a bearish move below 156.4.

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 148.95
Downside Target 155.30
Upside Target 163.20
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 149.43
Downside Intraday Target 142.07
Upside Intraday Target 163.68
Upside Intraday Target 170.57
Downside Intraday Target 156.32

Weekly technical analysis of Zomato (Zomato)

Date Weekly Closing Price Open High Low Volume
12 Tue Mar 2024 156.80 160.75 163.20 148.95 0.027 times
07 Thu Mar 2024 159.95 168.30 175.50 157.70 21.849 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

Price has moved down 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 Tue Mar 2024 156.80 167.60 175.50 148.95 2.313 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 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 short 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 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 SELL. 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.

Zomato Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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 positive zone. This is a BUY 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 161.7 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 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 short 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 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 SELL. 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.

Zomato Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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 positive zone. This is a BUY 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 161.7 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 Zomato charts

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