MAKEMYTRIP LTD (MMYT) Stock Technical Analysis
NASDAQ:MMYT • MU0295S00016
55.29 USD
-0.71 (-1.27%)
At close: Feb 23, 2026
55.29 USD
0 (0%)
After Hours: 2/23/2026, 4:43:51 PM
We assign a technical rating of 0 out of 10 to MMYT. MMYT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MMYT is a bad performer in the overall market: 90% of all stocks are doing better.
- MMYT is part of the Hotels, Restaurants & Leisure industry. There are 126 other stocks in this industry, of which 79% are performing better than MMYT.
- MMYT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MMYT has a been trading in the 53.09 - 65.49 range, which is quite wide. It is currently trading near the lows of this range.
- MMYT has an average volume of 1833960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MMYT has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
54.73
101.89
We found 1 important support area.
- A support zone ranging from 55.28 to 55.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 55.30 to 55.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @62.35 from a horizontal line in the daily time frame.
- A resistance zone ranging from 76.07 to 76.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @87.53 from a trend line in the weekly time frame.
- Resistance @100.88 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MMYT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MMYT is down. |
| ChartMill Relative Strength | 10.76 | NEGATIVE | MMYT has a low relative strength, it was outperformed by 89.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MMYT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MMYT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MMYT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.63 | NEUTRAL | The RSI value for MMYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests MMYT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 21.13 | NEUTRAL | The Stochastics value for MMYT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.82 | HIGH VOLATILITY | The high ATR as a percentage value for MMYT suggests high volalility. |
| Average Directional Index/ADX (14) | 41.89 | POSITIVE | The high ADX value value for MMYT suggests a strong trend. |
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)
55.29
-0.71 (-1.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.27%
1 Week-1.71%
2 Weeks-3.17%
1 Month-11.68%
3 Month-22.55%
6 Month-44.01%
12 Month-42.56%
2 Year-10.37%
3 Year113.31%
5 Year64.8%
10 Year227.16%
15 Year109.04%
Volatility
ATR(14)3.6
ATR(20)%5.82%
ATR Inc-43.69%
Range Today1.63
ADR(20)3.16
ADR(20)%5.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.76
3 months CRS15.22
6 months CRS9.82
Mansfield-4.3
10 Day High63.51
10 Day Low54
20 Day High65.49
20 Day Low53.09
52 Week High113.85
52 Week Low53.09
CS1 End55.28
CR1 Start55.3
Volume & EV
DER(3)-1.41%
DER(5)-0.97%
Volume1.70M
Volume Incr-42.48%
Vol(5)1.62M
Vol(50)1.83M
MAKEMYTRIP LTD / MMYT FAQ
What is the ChartMill technical rating of MAKEMYTRIP LTD (MMYT) stock?
ChartMill assigns a technical rating of 0 / 10 to MMYT.
What is the current trend direction of MAKEMYTRIP LTD (MMYT) stock?
The current trend direction for MAKEMYTRIP LTD (MMYT) is Bearish.
What is the RSI signal for MAKEMYTRIP LTD (MMYT) stock?
MAKEMYTRIP LTD (MMYT) has an RSI value of 32.634. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MAKEMYTRIP LTD?
The MACD indicator for MAKEMYTRIP LTD (MMYT) has a value of 0.339109, indicating a bearish trend.
Can you provide the short term momentum for MAKEMYTRIP LTD?
The short term momentum for MAKEMYTRIP LTD (MMYT) is negative.