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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 33423946

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	191.45	196.15	196.35	182.35	1.441 times
06 Mon May 2024	195.70	199.00	202.00	194.50	0.79 times
03 Fri May 2024	197.25	196.80	200.35	193.10	1.133 times
02 Thu May 2024	195.45	193.60	195.95	192.75	0.82 times
30 Tue Apr 2024	193.15	195.00	196.95	192.20	1.178 times
29 Mon Apr 2024	193.60	189.40	194.30	186.45	1 times
26 Fri Apr 2024	188.10	189.00	190.45	186.35	1.011 times
25 Thu Apr 2024	184.70	184.00	188.90	182.50	1.162 times
24 Wed Apr 2024	184.40	189.00	189.10	183.15	0.976 times
23 Tue Apr 2024	187.45	194.40	194.50	186.60	1.069 times

My analysis of stock is bullish for shortterm, and stock might move up till 194.9 or till 199.6. Use a stoploss of 190.94 and if this stock hits its stoploss, then it can fall down till 186.99

Share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Target	121.60
Downside Target	138.05
Downside Target	142.00
Downside Target	168.85
Downside Target	177.85
Downside Target	181.40
Downside Target	186.45
Upside Target	197.70
Upside Target	199.70
Upside Target	200.35
Upside Target	202.00

Intraday share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Intraday Target	181.87
Downside Intraday Target	172.28
Upside Intraday Target	201.52
Upside Intraday Target	211.58
Upside Intraday Target	191.93

Weekly technical analysis of Zomato (ZOMATO)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	191.45	199.00	202.00	182.35	0.54 times
03 Fri May 2024	197.25	189.40	200.35	186.45	0.813 times
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

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
07 Tue May 2024	191.45	193.60	202.00	182.35	0.195 times
30 Tue Apr 2024	193.15	183.90	199.70	177.85	0.804 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

Scroll below to view daily charts

Price has moved down 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 SELL. 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 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 190.97 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.