MAKEMYTRIP LTD (MMYT)

MU0295S00016 - Common Stock

104.5  +3.51 (+3.48%)

After market: 104.5 0 (0%)

Technical Rating and Analysis

10

Overall MMYT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MMYT has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MMYT is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by MMYT over the past year are nicely spread over this period.
MMYT is part of the Hotels, Restaurants & Leisure industry. There are 135 other stocks in this industry. MMYT outperforms 95% of them.
MMYT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MMYT has a been trading in the 85.86 - 110.49 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
MMYT Weekly chart
MMYT Daily chart
Setup Rating and Analysis

3

Although MMYT has an excellent technical rating, it 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.

Support and Resistance Analysis

85.09

105.55

We found 4 important support areas.

  • A support zone ranging from 96.77 to 97.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @93.40 from a horizontal line in the weekly time frame.
  • A support zone ranging from 88.62 to 88.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @85.95 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.23
Mansfield3.16
10 Day High105.71
10 Day Low85.86
20 Day High110.49
20 Day Low85.86
52 Week High110.49
52 Week Low36.81
Performance
1 Week11.26%
2 Weeks12.43%
1 Month1.09%
3 Month17.44%
6 Month71.59%
12 Month169.54%
2 Year275.49%
3 Year229.97%
5 Year353.95%
10 Year246.72%
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)0.55
RSI(14)57.52
LBB85.95
UBB107.9
MMYT Daily chart

MAKEMYTRIP LTD

NASDAQ:MMYT (10/14/2024, 5:20:01 PM)

After market: 104.5 0 (0%)

104.5

+3.51 (+3.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg3.48%
1 Week11.26%
2 Weeks12.43%
1 Month1.09%
3 Month17.44%
6 Month71.59%
12 Month169.54%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)5.4
ATR(20)%4.57%
ATR Inc
Range Today3.61
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High105.71
10 Day Low85.86
20 Day High110.49
20 Day Low85.86
52 Week High110.49
52 Week Low36.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume583.79K
Volume Incr-27.8%
Vol(5)614.01K
Vol(50)671.86K