MAKEMYTRIP LTD (MMYT) Stock Technical Analysis
NASDAQ:MMYT • MU0295S00016
55.94 USD
-0.53 (-0.94%)
At close: Mar 2, 2026
55.94 USD
0 (0%)
After Hours: 3/2/2026, 4:37:21 PM
Overall MMYT gets a technical rating of 0 out of 10. 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 125 other stocks in this industry, of which 77% 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.
- MMYT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- MMYT has an average volume of 1741390 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
MMYT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 55.93, a Stop Loss order could be placed below this zone.
More info and screens
54.73
101.89
When analyzing the support we notice one important area.
- A support zone ranging from 55.28 to 55.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 57.49 to 57.99. 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 74.85 to 75.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @78.68 from a trend line in the daily time frame.
- 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 | 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) | 36.98 | NEUTRAL | The RSI value for MMYT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.64 | POSITIVE | The MACD value suggests MMYT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.97 | NEUTRAL | The Stochastics value for MMYT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.68 | HIGH VOLATILITY | The high ATR as a percentage value for MMYT suggests high volalility. |
| Average Directional Index/ADX (14) | 38.32 | 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)
55.94
-0.53 (-0.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHotels, Restaurants & Leisure
Performance
% Chg-0.94%
1 Week1.18%
2 Weeks-0.55%
1 Month-10.32%
3 Month-24.09%
6 Month-44.31%
12 Month-35.78%
2 Year-21.27%
3 Year128.61%
5 Year77.14%
10 Year209.23%
15 Year90.86%
Volatility
ATR(14)2.63
ATR(20)%5.68%
ATR Inc-6.15%
Range Today2.48
ADR(20)3.08
ADR(20)%5.51%
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 CRS13.46
6 months CRS8.87
Mansfield-4.21
10 Day High58.22
10 Day Low53.8
20 Day High65.49
20 Day Low53.09
52 Week High113.85
52 Week Low53.09
CS1 End55.93
CR1 Start57.49
Volume & EV
DER(3)0.84%
DER(5)1.22%
Volume1.44M
Volume Incr-65.23%
Vol(5)867.97K
Vol(50)1.74M
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 36.9829. 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 0.644933, indicating a bearish trend.
Can you provide the short term momentum for MAKEMYTRIP LTD?
The short term momentum for MAKEMYTRIP LTD (MMYT) is negative.