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MakeMyTrip Limited

MMYT Technical Analysis Summary (NASDAQ)

Analyze MMYT on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MMYT●NASDAQ
Consumer CyclicalTravel Services
$44.70
$0.36(0.81%)
U.S. Market opens in 7h 51m

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 (NASDAQ)

MakeMyTrip Limited (NASDAQ: MMYT) stock currently shows a bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 34.68)
Trend Strength:Very Strong (ADX: 40.70)
Volatility:Medium (ATR: 1.95)
Support/Resistance:$42.78 – $49.57 (Bollinger Bands)

Technical conditions suggest MakeMyTrip Limited on the NASDAQ is awaiting a decisive move. Overall, MakeMyTrip Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 34.68

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 40.57

Neutral
Mid-range signal with no clear trend.

Williams %R: -55.01

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -4.38

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -2.36

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 40.70

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 1.95

Low
Low volatility, stable price action.

CCI (14): -49.97

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$49.57
Middle Band (SMA 20)
$46.18
Lower Band
$42.78
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$50.52
Middle Line (EMA 20)
$46.63
Lower Channel
$42.73
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume1.33M
Money Flow Index36.23Bearish, selling pressure outweighs inflows.
Relative Vigor Index66.31Bullish, price momentum strongly favors buyers.

Overall Takeaway:MMYT shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of MakeMyTrip Limited (NASDAQ: MMYT), 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.

(NASDAQ: MMYT) Technical Analysis FAQ