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Stock Trend Analysis Report

Prepared for you on Wednesday, December 11, 2024.

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.

NASDAQ_MMYT
Open High Low MMYT Price Change
118.42 121.30 118.42 120.04 +2.68
Entry Signal

MarketClub’s Trade Triangles for MMYT

long term up The long-term trend has been UP since Jun 1st, 2023 at 26.84

intermediate term up The intermediate-term trend has been UP since Oct 28th, 2024 at 106.34

short term up The short-term trend has been UP since Dec 6th, 2024 at 119.45

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).

+100
Smart Scan Analysis for MMYT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
118.42 121.30 118.42 120.04 +2.68
Prev. Close Volume Bid Ask Time
117.36 71782 2024-12-11 10:25:01
Year High41.7Year High Date2018-06-12
Year Low20.82Year Low Date2018-10-25
52wk High12352wk High Date2024-12-10
52wk Low43.3152wk Low Date2024-01-08
Year End Close12.44Average Volume530,414
Shares Outstanding65,065Short Interest375,333
% Institutional86.6Market Cap2,522M
Assets177,928,700MLiabilities613,198,000M
P/E Ratio61.445Beta2.11
Volatility53.62
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