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MakeMyTrip Limited

MakeMyTrip Limited (MMYT) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for MakeMyTrip Limited.

MMYT●NASDAQ
Consumer CyclicalTravel Services
$43.15
$1.41(3.38%)
U.S. Market opens in 52h 32m
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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 trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.59)
Trend Strength:Moderate (ADX: 21.09)
Volatility:High (ATR: 2.66)
Support/Resistance:$39.36 – $48.16 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 50.59

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 32.23

Bearish
Momentum remains weak below midpoint.

Williams %R: -39.09

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 3.53

Bullish
Steady upward momentum.

Takeaway:MakeMyTrip Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.78

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 21.09

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.66

Medium
Medium volatility, healthy price movement.

CCI (14): -22.56

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$48.16
Middle Band (SMA 20)
$43.76
Lower Band
$39.36
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$49.08
Middle Line (EMA 20)
$43.76
Lower Channel
$38.45
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume10.58M
Money Flow Index56.16Neutral, balanced money flows with no clear signal.
Relative Vigor Index48.79Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MMYT shows balanced money flow with a slight bullish bias.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for MakeMyTrip Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ