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MakeMyTrip Limited

MMYTNASDAQ
Consumer Cyclical
Travel Services
$57.01
$1.72(3.11%)
U.S. Market is Open • 13:03

MakeMyTrip Limited (MMYT) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for MakeMyTrip Limited (NASDAQ:MMYT).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MMYT Technical Analysis Summary

MakeMyTrip Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 35.73)
Trend Strength:Very Strong (ADX: 41.22)
Volatility:High (ATR: 3.05)
Support/Resistance:$53.00 – $63.98 (Bollinger Bands)

Technical conditions suggest MakeMyTrip Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 35.73

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 23.78

Bearish
Momentum remains weak below midpoint.

Williams %R: -69.87

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.73

Neutral
Price change is minimal.

Takeaway:MakeMyTrip Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -3.91

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 41.22

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 3.05

Medium
Medium volatility, healthy price movement.

CCI (14): -65.03

Bearish
Bearish, momentum remains under pressure.

Takeaway:MakeMyTrip Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$63.98
Middle Band (SMA 20)
$58.49
Lower Band
$53.00
Current Position
Within Bands

Takeaway:MakeMyTrip Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$65.87
Middle Line (EMA 20)
$59.76
Lower Channel
$53.65
Squeeze Status
Squeeze On

Takeaway:MakeMyTrip Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-10.24M
Money Flow Index44.91Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.82Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MMYT shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of MakeMyTrip Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:MakeMyTrip Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ