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Stock Trend Analysis Report

Prepared for you on Wednesday, February 19, 2020.

Makemytrip (NASDAQ:MMYT)

Countertrend Up (+85) - MMYT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

NASDAQ_MMYT
Open High Low MMYT Price Change
28.00 28.17 27.45 27.79 -0.23
Entry Signal

MarketClub’s Trade Triangles for MMYT

long term up The long-term trend has been UP since Nov 4th, 2019 at 26.22

intermediate term up The intermediate-term trend has been UP since Feb 11th, 2020 at 25.47

short term down The short-term trend has been DOWN since Feb 18th, 2020 at 27.97

Smart Scan Analysis for MMYT

Based on our trend formula, MMYT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for MMYT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.00 28.17 27.45 27.79 -0.23
Prev. Close Volume Bid Ask Time
23.77 202445 2020-02-19 15:59:51
Year High41.7Year High Date2018-06-12
Year Low20.82Year Low Date2018-10-25
52wk High32.352wk High Date2019-03-06
52wk Low20.8252wk Low Date2019-08-15
Year End Close12.44Average Volume270,101
Shares Outstanding60,304Short Interest375,333
% Institutional86.6Market Cap2,522M
Assets138.5MLiabilities49.1M
Beta2.11Volatility53.62
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