MAKEMYTRIP LTD (MMYT) Stock Technical Analysis
NASDAQ:MMYT - MU0295S00016 - Common Stock
101.65 USD
-1.52 (-1.47%)
Overall MMYT gets a technical rating of 7 out of 10. MMYT has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MMYT has a been trading in the 91.00 - 104.43 range, which is quite wide. It is currently trading near the high of this range.
MMYT has an average volume of 1556050 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, MMYT turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
MMYT is an average performer in the Hotels, Restaurants & Leisure industry, it outperforms 49% of 131 stocks in the same industry.
MMYT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MMYT is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although MMYT has an excellent technical rating, the quality of the presented setup is not ideal 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
89.95
107.12
We found 2 important support areas.
- A support zone ranging from 95.11 to 98.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 90.86 to 93.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 102.75 to 106.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for MMYT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MMYT is up. |
| ChartMill Relative Strength | 48.79 | NEUTRAL | MMYT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MMYT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MMYT is above the rising 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) | 62.54 | NEUTRAL | The RSI value for MMYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.74 | POSITIVE | The MACD value suggests MMYT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.03 | OVERBOUGHT | The high Stochastics value suggests MMYT may be overbought. |
| Average True Range in percent/ATR (20) | 2.54 | MEDIUM VOLATILITY | The ATR as a percentage value for MMYT suggests some volalility. |
| Average Directional Index/ADX (14) | 18.16 | NEGATIVE | The low ADX value for MMYT suggests a weak or negative 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)
NASDAQ:MMYT (8/28/2025, 9:47:06 AM)
101.65
-1.52 (-1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-1.47%
1 Week0.87%
2 Weeks7.92%
1 Month11.45%
3 Month1.52%
6 Month7.18%
12 Month7.28%
2 Year160.14%
3 Year209.36%
5 Year511.2%
10 Year617.95%
15 Year203.44%
Volatility
ATR(14)2.62
ATR(20)%2.54%
ATR Inc-26.21%
Range Today1.41
ADR(20)2.49
ADR(20)%2.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.79
Mansfield-0.83
10 Day High104.43
10 Day Low94.08
20 Day High104.43
20 Day Low91
52 Week High123
52 Week Low81.84
CS1 End102.75
CR1 Start103.21
Volume & EV
DER(3)0.6%
DER(5)0.33%
Volume21.29K
Volume Incr-36.21%
Vol(5)579.54K
Vol(50)1.56M