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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 2024-12-19 View latest technical analysis

10 day averaged volume of Zomato is 49107819

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	288.50	288.05	290.20	284.70	0.638 times
18 Wed Dec 2024	291.90	297.70	297.70	290.00	0.577 times
17 Tue Dec 2024	296.80	295.50	303.45	292.30	1.481 times
16 Mon Dec 2024	294.15	289.00	295.90	286.55	0.638 times
13 Fri Dec 2024	288.25	279.00	288.95	278.20	0.963 times
12 Thu Dec 2024	284.90	291.80	295.00	284.10	0.782 times
11 Wed Dec 2024	291.80	290.00	294.30	288.60	0.795 times
10 Tue Dec 2024	295.85	296.75	299.45	295.00	0.638 times
09 Mon Dec 2024	295.30	304.70	304.70	291.80	1.041 times
06 Fri Dec 2024	302.95	300.00	303.90	296.25	1.004 times

My analysis of stock is bullish for shortterm, and stock might move up till 296.4 or till 307.2. Use a stoploss of 287.33 and if this stock hits its stoploss, then it can fall down till 278.28

Share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Target	228.00
Downside Target	239.45
Downside Target	262.11
Downside Target	271.17
Upside Target	289.70
Upside Target	290.00
Upside Target	298.25
Upside Target	303.45
Upside Target	304.65
Upside Target	304.70

Intraday share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Intraday Target	280.98
Downside Intraday Target	273.47
Upside Intraday Target	299.73
Upside Intraday Target	310.97
Upside Intraday Target	292.22

Weekly technical analysis of Zomato (ZOMATO)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	288.50	289.00	303.45	284.70	0.79 times
13 Fri Dec 2024	288.25	304.70	304.70	278.20	0.79 times
06 Fri Dec 2024	302.95	281.90	304.65	279.00	0.733 times
29 Fri Nov 2024	279.76	273.25	289.70	271.17	1.91 times
22 Fri Nov 2024	264.20	274.30	275.49	262.11	0.775 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
19 Thu Dec 2024	288.50	281.90	304.70	278.20	0.599 times
29 Fri Nov 2024	279.76	244.40	289.70	239.45	0.883 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

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 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 above 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 but selling 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 293.61 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.