(MMYT) Makemytrip complete technical analysis [charts+indicators] | Buy/Sell Makemytrip | (MMYT) share price targets
Complete technical analysis of Makemytrip (MMYT) by charts plus indicators, forecast predictions and share price targets for Makemytrip (MMYT)
Makemytrip trades in USA in Consumer Services sector.
Showing technical analysis as on 2024-02-23 View latest technical analysis
10 day averaged volume of Makemytrip is 949860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 56.78 | 58.51 | 59.16 | 56.72 | 0.657 times |
| 22 Thu Feb 2024 | 58.56 | 58.81 | 59.62 | 58.01 | 1.453 times |
| 21 Wed Feb 2024 | 57.40 | 56.60 | 57.44 | 55.60 | 1.297 times |
| 20 Tue Feb 2024 | 58.14 | 60.08 | 60.94 | 57.72 | 0.615 times |
| 16 Fri Feb 2024 | 60.28 | 59.11 | 61.68 | 59.11 | 0.934 times |
| 15 Thu Feb 2024 | 59.11 | 58.15 | 59.57 | 57.10 | 0.946 times |
| 14 Wed Feb 2024 | 57.46 | 59.40 | 59.95 | 56.94 | 1.204 times |
| 13 Tue Feb 2024 | 58.14 | 56.33 | 58.37 | 55.50 | 0.707 times |
| 12 Mon Feb 2024 | 58.17 | 59.50 | 59.58 | 57.37 | 0.877 times |
| 09 Fri Feb 2024 | 59.28 | 58.00 | 60.63 | 57.79 | 1.392 times |
My analysis of stock is bearish for shortterm, and stock might move down till 54.3 or till 51.2. Use a stoploss of 56.85 and if the stock hits stoploss, then it can shoot up till 59.41
Share price targets for Makemytrip (MMYT)
| Target Type | Value |
| Downside Target | 36.81 |
| Downside Target | 37.62 |
| Downside Target | 41.95 |
| Downside Target | 42.97 |
| Downside Target | 47.04 |
| Downside Target | 49.97 |
| Downside Target | 54.36 |
| Upside Target | 56.97 |
| Upside Target | 58.44 |
| Upside Target | 60.63 |
| Upside Target | 60.94 |
| Upside Target | 61.68 |
Intraday share price targets for Makemytrip (MMYT)
| Target Type | Value |
| Downside Intraday Target | 54.61 |
| Downside Intraday Target | 52.43 |
| Upside Intraday Target | 59.95 |
| Upside Intraday Target | 63.11 |
| Upside Intraday Target | 57.77 |
Weekly technical analysis of Makemytrip (MMYT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 56.78 | 60.08 | 60.94 | 55.60 | 0.862 times |
| 16 Fri Feb 2024 | 60.28 | 59.50 | 61.68 | 55.50 | 1.197 times |
| 09 Fri Feb 2024 | 59.28 | 57.68 | 60.63 | 54.94 | 0.519 times |
| 02 Fri Feb 2024 | 58.23 | 50.00 | 58.44 | 49.97 | 2.156 times |
| 26 Fri Jan 2024 | 49.53 | 50.08 | 50.94 | 47.04 | 1.817 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Makemytrip (MMYT)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 56.78 | 55.25 | 61.68 | 54.36 | 1.045 times |
| 31 Wed Jan 2024 | 55.39 | 46.08 | 56.97 | 43.31 | 1.493 times |
| 29 Fri Dec 2023 | 46.98 | 42.43 | 47.39 | 41.95 | 0.983 times |
| 30 Thu Nov 2023 | 42.23 | 39.38 | 43.60 | 37.62 | 0.778 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Makemytrip (MMYT)
Price action analysis of Makemytrip ( (MMYT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Makemytrip ( (MMYT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Makemytrip ( (MMYT) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Makemytrip ( (MMYT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Makemytrip stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Makemytrip in short term but the sell signal is initial and weak.
Makemytrip Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Makemytrip in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Makemytrip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 58.38 and Makemytrip (MMYT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Makemytrip (MMYT) stock. Volume based technical analysis of Makemytrip (MMYT) stock is negative.
Makemytrip Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Makemytrip ( (MMYT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Makemytrip ( (MMYT) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Makemytrip ( (MMYT) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Makemytrip ( (MMYT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Makemytrip stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Makemytrip in short term but the sell signal is initial and weak.
Makemytrip Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Makemytrip in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Makemytrip is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 58.38 and Makemytrip (MMYT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Makemytrip (MMYT) stock. Volume based technical analysis of Makemytrip (MMYT) stock is negative.
Makemytrip Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.