Overall Technical outlook

Price Summary

On 2025-06-09, Eternal Limited's stock began at 261.9, peaked at 262.98, bottomed at 255.35, and closed -1.93% lower at 256.84, with a volume of 33660854 shares.
Over the previous 52 weeks, the stock reached a high of 261.86 and a low of 201.43.

Technicals

Support and Resistance: At 256.84, the price is supported at 245.76 and faces resistance at 288.25. This range suggests that the price for ZOMATO might stay between these levels, with 245.76 acting as a floor and 288.25 as a ceiling.
ZOMATO supportResistance 5aa209
Support/Resistance for ZOMATO


Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
ZOMATO aroon 5aa209
Aroon chart for Eternal Limited


Bol. Bands: As the price falls below the upper Bollinger Band, it suggests a potential shift to a downward trend. This movement may indicate that the asset's recent uptrend is losing steam, prompting traders to anticipate a decline. Such a signal could be interpreted as a warning of an overbought condition, where the price correction is likely, making it a critical juncture for trading decisions.
ZOMATO bbands 5aa209
Bolinger Bands chart for Eternal Limited


Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum.
ZOMATO psar 5aa209
Parabolic Stop and Reverse chart for Eternal Limited


Stochastic: ZOMATO's stochastic indicator reflects a bullish trend, with the K-line positioned above the D-line and surpassing the 80 threshold. This setup suggests strong upward momentum, indicating that the market may continue to rise. Investors could interpret this as a positive signal for further gains.
ZOMATO stoch 5aa209
Stochastic chart for Eternal Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend for Eternal Limited, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend starts to fade.
ZOMATO trippleSMA 5aa209
Tripple SMA chart for Eternal Limited


A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.