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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 2024-11-12 View latest technical analysis

10 day averaged volume of Zomato is 43099773

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	260.99	259.95	264.90	255.30	1.183 times
11 Mon Nov 2024	258.62	244.75	259.50	244.00	1.02 times
08 Fri Nov 2024	248.73	256.20	258.12	245.90	1.129 times
07 Thu Nov 2024	255.22	257.00	262.45	254.00	1.322 times
06 Wed Nov 2024	254.94	243.30	256.14	243.30	1.432 times
05 Tue Nov 2024	241.87	244.00	246.35	239.45	0.976 times
04 Mon Nov 2024	245.08	242.93	246.99	240.00	1.141 times
01 Fri Nov 2024	248.99	244.40	250.00	244.15	0.302 times
31 Thu Oct 2024	241.75	248.00	248.80	240.40	0.852 times
30 Wed Oct 2024	246.85	249.15	250.50	245.05	1.123 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 263.8 as stoploss in an intra day sell trade for a target of 255.28. However, stock will show a bullish move above 263.8.

Share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Target	194.56
Downside Target	228.00
Downside Target	239.45
Downside Target	255.25
Upside Target	262.45
Upside Target	264.90
Upside Target	270.90
Upside Target	280.90
Upside Target	285.25
Upside Target	290.00
Upside Target	298.25

Intraday share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Intraday Target	248.36
Downside Intraday Target	235.73
Upside Intraday Target	269.26
Upside Intraday Target	277.53
Downside Intraday Target	256.63

Weekly technical analysis of Zomato (ZOMATO)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	260.99	244.75	264.90	244.00	0.367 times
08 Fri Nov 2024	248.73	242.93	262.45	239.45	1.527 times
01 Fri Nov 2024	248.99	252.00	259.25	240.40	0.379 times
25 Fri Oct 2024	253.80	258.00	270.90	242.10	2.002 times
18 Fri Oct 2024	257.45	280.90	285.25	255.25	0.933 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)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	260.99	244.40	264.90	239.45	0.306 times
31 Thu Oct 2024	241.75	272.55	290.00	240.40	0.904 times
30 Mon Sep 2024	273.30	252.00	298.25	240.40	0.749 times
30 Fri Aug 2024	250.53	231.00	280.90	228.00	2.007 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Zomato stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Zomato in short term but the buy 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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

Although the stock is in the SELL zone, but selling 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 250.95 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 is giving positive 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.