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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.
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MarketClub’s Trade Triangles for MMYT
The long-term trend has been DOWN since Feb 9th, 2023 at 26.155
The intermediate-term trend has been DOWN since Feb 6th, 2023 at 27.040
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).
| 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 High | 41.7 | Year High Date | 2018-06-12 |
| Year Low | 20.82 | Year Low Date | 2018-10-25 |
| 52wk High | 34.68 | 52wk High Date | 2022-09-15 |
| 52wk Low | 21.785 | 52wk Low Date | 2022-05-11 |
| Year End Close | 12.44 | Average Volume | 293,971 |
| Shares Outstanding | 65,065 | Short Interest | 375,333 |
| % Institutional | 86.6 | Market Cap | 2,522M |
| Assets | 133,603,300M | Liabilities | 482,659,000M |
| Beta | 2.11 | Volatility | 53.62 |