Zomato (India) Momentum Indicators Minus Directional Movement

ZOMATO Stock   288.25  3.35  1.18%   
Zomato momentum indicators tool provides the execution environment for running the Minus Directional Movement indicator and other technical functions against Zomato. Zomato value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Minus Directional Movement indicator function is designed to identify and follow existing trends. Momentum indicators of Zomato are pattern recognition functions that provide distinct formation on Zomato potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Minus Directional Movement indicator shows the difference between two consecutive lows of Zomato Limited price series.

Zomato Technical Analysis Modules

Most technical analysis of Zomato help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Zomato from various momentum indicators to cycle indicators. When you analyze Zomato charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Zomato Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Zomato Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Zomato Limited based on widely used predictive technical indicators. In general, we focus on analyzing Zomato Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Zomato's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Zomato's intrinsic value. In addition to deriving basic predictive indicators for Zomato, we also check how macroeconomic factors affect Zomato price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Zomato's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
283.36285.68288.00
Details
Intrinsic
Valuation
LowRealHigh
276.50278.82313.39
Details
Naive
Forecast
LowNextHigh
277.42279.74282.06
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.200.250.30
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Zomato in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Zomato's short interest history, or implied volatility extrapolated from Zomato options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Other Information on Investing in Zomato Stock

Zomato financial ratios help investors to determine whether Zomato Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Zomato with respect to the benefits of owning Zomato security.