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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
MakeMyTrip Limited - Ordinary Shares (NASDAQ:MMYT)
Crossroads (+60) - MMYT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for MMYT
The long-term trend has been UP since Jun 1st, 2023 at 26.84
The intermediate-term trend has been DOWN since Sep 30th, 2024 at 92.51
The short-term trend has been DOWN since Oct 23rd, 2024 at 99.17
Smart Scan Analysis for MMYT
Based on our trend formula, MMYT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 103.7500 | 104.3650 | 101.8179 | 102.8400 | -1.1500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 102.7100 | 377778 | 2024-10-25 15:59:45 |
| Year High | 41.7 | Year High Date | 2018-06-12 |
| Year Low | 20.82 | Year Low Date | 2018-10-25 |
| 52wk High | 110.49 | 52wk High Date | 2024-09-23 |
| 52wk Low | 36.81 | 52wk Low Date | 2023-10-27 |
| Year End Close | 12.44 | Average Volume | 807,069 |
| Shares Outstanding | 65,065 | Short Interest | 375,333 |
| % Institutional | 86.6 | Market Cap | 2,522M |
| Assets | 177,928,700M | Liabilities | 613,198,000M |
| P/E Ratio | 54.445 | Beta | 2.11 |
| Volatility | 53.62 |