MAKEMYTRIP LTD (MMYT) Technical Analysis
NASDAQ:MMYT • MU0295S00016
Current stock price
34.92 USD
-1.38 (-3.8%)
Last:
MMYT Technical Rating and Analysis
Taking everything into account, MMYT scores 0 out of 10 in our technical rating. MMYT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 97% of all other stocks performed better in the past year than MMYT.
- MMYT is one of the lesser performing stocks in the Hotels, Restaurants & Leisure industry. 90% of 126 stocks in the same industry do better.
- MMYT is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so MMYT is lagging the market.
- In the last month MMYT has a been trading in the 36.03 - 56.28 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- MMYT has an average volume of 2035610 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MMYT Weekly and Daily overview Charts
MMYT Setup Rating and Analysis
The technical rating of MMYT is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
MMYT Support and Resistance Analysis
34.57
87.37
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 36.29 to 36.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @42.69 from a trend line in the daily time frame.
- Resistance @70.18 from a trend line in the daily time frame.
- Resistance @72.54 from a trend line in the weekly time frame.
- Resistance @86.50 from a horizontal line in the weekly time frame.
MMYT Technical Indicator Signal Analysis
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 | 3.5 | NEGATIVE | MMYT has a low relative strength, it was outperformed by 96.5% 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) | 21.5 | OVERSOLD | The low RSI value suggests MMYT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.32 | NEGATIVE | The MACD value suggests MMYT has a negative trend. |
| Stochastics (14,3) | 7.21 | OVERSOLD | The low Stochastics value suggests MMYT may be oversold. |
| Average True Range in percent/ATR (20) | 7.77 | HIGH VOLATILITY | The high ATR as a percentage value for MMYT suggests high volalility. |
| Average Directional Index/ADX (14) | 49.74 | POSITIVE | The high ADX value value for MMYT suggests a strong trend. |
MMYT Chart- and CandleStick Pattern Analysis
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)
MMYT Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MMYT (3/30/2026, 10:25:04 AM)
34.92
-1.38 (-3.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-3.8%
1 Week-8.75%
2 Weeks-20.22%
1 Month-35.72%
3 Month-56.4%
6 Month-61.66%
12 Month-64.93%
2 Year-48.91%
3 Year48.34%
5 Year14.95%
10 Year100.66%
15 Year23.85%
Volatility
ATR(14)2.49
ATR(20)%7.77%
ATR Inc9.52%
Range Today3.15
ADR(20)2.67
ADR(20)%7.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.5
3 months CRS3.61
6 months CRS6.67
Mansfield-5.73
10 Day High47.69
10 Day Low36.03
20 Day High56.28
20 Day Low36.03
52 Week High113.85
52 Week Low36.03
CS1 EndN/A
CR1 Start42.69
Volume & EV
DER(3)2.07%
DER(5)-0.37%
Volume1.25M
Volume Incr29.27%
Vol(5)1.87M
Vol(50)2.04M
MAKEMYTRIP LTD / MMYT TA 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 21.4952. This indicates that the stock is currently oversold.
Can you provide the MACD signal for MAKEMYTRIP LTD?
The MACD indicator for MAKEMYTRIP LTD (MMYT) has a value of -0.321115, indicating a bearish trend.
Can you provide the short term momentum for MAKEMYTRIP LTD?
The short term momentum for MAKEMYTRIP LTD (MMYT) is negative.