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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)

10 day averaged volume of Zomato is 38886886

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	188.10	189.00	190.45	186.35	0.869 times
25 Thu Apr 2024	184.70	184.00	188.90	182.50	0.999 times
24 Wed Apr 2024	184.40	189.00	189.10	183.15	0.839 times
23 Tue Apr 2024	187.45	194.40	194.50	186.60	0.919 times
22 Mon Apr 2024	193.35	193.00	197.70	190.80	0.74 times
19 Fri Apr 2024	189.20	182.30	191.00	181.40	0.877 times
18 Thu Apr 2024	185.20	188.50	189.25	183.00	0.909 times
16 Tue Apr 2024	186.45	187.00	189.30	183.90	1.113 times
15 Mon Apr 2024	188.30	188.00	192.40	184.50	1.246 times
12 Fri Apr 2024	192.10	195.85	199.70	190.50	1.454 times

My analysis of stock is bullish for shortterm, and stock might move up till 192 or till 197.7. Use a stoploss of 187.33 and if this stock hits its stoploss, then it can fall down till 182.62

Share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Target	114.15
Downside Target	121.60
Downside Target	131.75
Downside Target	138.05
Downside Target	142.00
Downside Target	168.85
Downside Target	177.85
Downside Target	181.40
Upside Target	188.75
Upside Target	191.80
Upside Target	192.40
Upside Target	197.70
Upside Target	199.70

Intraday share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Intraday Target	181.17
Downside Intraday Target	174.23
Upside Intraday Target	196.37
Upside Intraday Target	204.63
Upside Intraday Target	189.43

Weekly technical analysis of Zomato (ZOMATO)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	188.10	193.00	197.70	182.50	1.053 times
19 Fri Apr 2024	189.20	188.00	192.40	181.40	1.107 times
12 Fri Apr 2024	192.10	191.60	199.70	188.75	0.859 times
05 Fri Apr 2024	190.50	183.90	191.80	177.85	1.074 times
28 Thu Mar 2024	182.10	173.40	189.00	172.20	0.831 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
26 Fri Apr 2024	188.10	183.90	199.70	177.85	0.722 times
28 Thu Mar 2024	182.10	168.00	189.00	144.30	0.496 times
29 Thu Feb 2024	165.45	141.00	168.85	138.05	1.489 times
31 Wed Jan 2024	139.55	124.45	142.00	121.60	1.18 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 neutral. A longer time frame might give a better analysis.

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 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 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 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 weakening, and bulls are picking up momentum!

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 buy signal for Zomato in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 188.03 and Zomato (ZOMATO) 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) 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.