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Stock Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

MakeMyTrip Limited - Ordinary Shares (NASDAQ:MMYT)

Weak Downtrend (-65) - MMYT is showing signs of a strengthening downtrend. Monitor MMYT as it may be building momentum to the downside.

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
69.03 69.87 65.87 66.01 -2.61
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 down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 66.58

short term down The short-term trend has been DOWN since Apr 8th, 2024 at 70.02

Smart Scan Analysis for MMYT

Based on our trend formula, MMYT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MMYT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.03 69.87 65.87 66.01 -2.61
Prev. Close Volume Bid Ask Time
66.04 475090 2024-04-15 15:59:40
Year High41.7Year High Date2018-06-12
Year Low20.82Year Low Date2018-10-25
52wk High77.352wk High Date2024-04-08
52wk Low22.552wk Low Date2023-04-26
Year End Close12.44Average Volume831,376
Shares Outstanding65,065Short Interest375,333
% Institutional86.6Market Cap2,522M
Assets152,549,100MLiabilities588,974,000M
Beta2.11Volatility53.62
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