Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
MakeMyTrip Limited - Ordinary Shares (NASDAQ:MMYT)
Strong Uptrend (+100) - MMYT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MMYT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid MMYT?
MarketClub looks at technical strength and momentum to determine if the timing is right for MMYT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MMYT
The long-term trend has been UP since Oct 11th, 2021 at 31.89
The intermediate-term trend has been UP since Oct 27th, 2021 at 32.51
The short-term trend has been UP since Oct 27th, 2021 at 29.33
Smart Scan Analysis for MMYT
Based on our trend formula, MMYT is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||41.7||Year High Date||2018-06-12|
|Year Low||20.82||Year Low Date||2018-10-25|
|52wk High||39.015||52wk High Date||2021-03-16|
|52wk Low||17.8||52wk Low Date||2020-10-28|
|Year End Close||12.44||Average Volume||360,323|
|Shares Outstanding||65,065||Short Interest||375,333|
|% Institutional||86.6||Market Cap||2,522M|