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Stock Trend Analysis Report

Prepared for you on Friday, March 31, 2023.

MakeMyTrip Limited - Ordinary Shares (NASDAQ:MMYT)

Bear Market Rally (-75) - MMYT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MMYT as it may be in the beginning of a reversal.

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.

Open High Low MMYT Price Change
23.900 24.390 23.740 24.225 +0.365
Entry Signal

MarketClub’s Trade Triangles for MMYT

long term down The long-term trend has been DOWN since Feb 9th, 2023 at 26.155

intermediate term down The intermediate-term trend has been DOWN since Feb 6th, 2023 at 27.040

short term up The short-term trend has been UP since Mar 29th, 2023 at 24.470

Smart Scan Analysis for MMYT

Based on our trend formula, MMYT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for MMYT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.900 24.390 23.740 24.225 +0.365
Prev. Close Volume Bid Ask Time
23.860 114596 2023-03-31 11:46:46
Year High41.7Year High Date2018-06-12
Year Low20.82Year Low Date2018-10-25
52wk High34.6852wk High Date2022-09-15
52wk Low21.78552wk Low Date2022-05-11
Year End Close12.44Average Volume293,971
Shares Outstanding65,065Short Interest375,333
% Institutional86.6Market Cap2,522M
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