MAKEMYTRIP LTD (MMYT) Technical Analysis
NASDAQ:MMYT • MU0295S00016
49.05 USD
-1.86 (-3.65%)
At close: Mar 4, 2026
49 USD
-0.05 (-0.1%)
After Hours: 3/4/2026, 8:00:01 PM
Overall MMYT gets a technical rating of 0 out of 10. 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.
- 93% 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. 84% of 125 stocks in the same industry do better.
- MMYT is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month MMYT has a been trading in the 48.20 - 63.51 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 1767730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of MMYT is bad and it also does not present a 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
48.56
101.89
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 55.07 to 55.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 74.35 to 75.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @86.95 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 | 7.97 | NEGATIVE | MMYT has a low relative strength, it was outperformed by 92.03% 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) | 26.41 | OVERSOLD | The low RSI value suggests MMYT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MMYT has a negative trend. |
| Stochastics (14,3) | 10.88 | OVERSOLD | The low Stochastics value suggests MMYT may be oversold. |
| Average True Range in percent/ATR (20) | 5.88 | HIGH VOLATILITY | The high ATR as a percentage value for MMYT suggests high volalility. |
| Average Directional Index/ADX (14) | 39.78 | 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)
MMYT Technicals: Chart, Performance Metrics, Trend & Indicators
49.05
-1.86 (-3.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-3.65%
1 Week-13.9%
2 Weeks-14.17%
1 Month-12.13%
3 Month-33.44%
6 Month-51.17%
12 Month-43.69%
2 Year-30.96%
3 Year100.45%
5 Year55.32%
10 Year171.14%
15 Year67.35%
Volatility
ATR(14)2.64
ATR(20)%5.88%
ATR Inc60.79%
Range Today2.98
ADR(20)2.75
ADR(20)%5.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.97
3 months CRS8.78
6 months CRS6.79
Mansfield-4.91
10 Day High58.18
10 Day Low48.2
20 Day High63.51
20 Day Low48.2
52 Week High113.85
52 Week Low48.2
CS1 EndN/A
CR1 Start55.07
Volume & EV
DER(3)-1.71%
DER(5)-1.16%
Volume1.86M
Volume Incr-40.83%
Vol(5)1.46M
Vol(50)1.77M
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 26.4083. 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 -0.0142019, indicating a bearish trend.
Can you provide the short term momentum for MAKEMYTRIP LTD?
The short term momentum for MAKEMYTRIP LTD (MMYT) is negative.