MAKEMYTRIP LTD (MMYT) Stock Technical Analysis
NASDAQ:MMYT - Nasdaq - MU0295S00016 - Common Stock
Taking everything into account, MMYT scores 4 out of 10 in our technical rating. Although MMYT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month MMYT has a been trading in the 97.00 - 122.35 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the yearly performance of all stocks, we notice that MMYT is one of the better performing stocks in the market, outperforming 91% of all stocks. On top of that, MMYT also shows a nice and consistent pattern of rising prices.
MMYT is one of the better performing stocks in the Hotels, Restaurants & Leisure industry, it outperforms 91% of 134 stocks in the same industry.
MMYT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MMYT is lagging the market slightly.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Volume is considerably higher in the last couple of days.
MMYT has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
89.39
108.63
2 important support areas can be observed.
- A support zone ranging from 98.75 to 99.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @90.29 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 106.80 to 107.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.78
Mansfield0.37
10 Day High122.35
10 Day Low97
20 Day High122.35
20 Day Low97
52 Week High123
52 Week Low49.97
Performance
1 Week-0.91%
2 Weeks-15%
1 Month-10.94%
3 Month-3.04%
6 Month7.97%
12 Month101.07%
2 Year243.65%
3 Year273.14%
5 Year333%
10 Year300.77%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.38
RSI(14)35.65
LBB97.29
UBB121.19
MAKEMYTRIP LTD
NASDAQ:MMYT (1/21/2025, 8:14:53 PM)
After market: 101.5 +1.91 (+1.92%)99.59
-7.21 (-6.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-6.75%
1 Week-0.91%
2 Weeks-15%
1 Month-10.94%
3 Month-3.04%
6 Month7.97%
12 Month101.07%
2 Year243.65%
3 Year273.14%
5 Year333%
10 Year300.77%
15 YearN/A
Volatility
ATR(14)5.57
ATR(20)%5.22%
ATR Inc34.42%
Range Today9.88
ADR(20)4.84
ADR(20)%4.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.78
Mansfield0.37
10 Day High122.35
10 Day Low97
20 Day High122.35
20 Day Low97
52 Week High123
52 Week Low49.97
CS1 End99.58
CR1 Start106.8
Volume & EV
DER(3)-1.4%
DER(5)-0.89%
Volume1.43M
Volume Incr66.65%
Vol(5)723.28K
Vol(50)533.63K