(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 2024-05-20 View latest technical analysis
10 day averaged volume of Makemytrip is 819734
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 89.71 | 86.23 | 89.83 | 85.60 | 1.092 times |
| 17 Fri May 2024 | 86.50 | 84.50 | 88.56 | 84.39 | 0.838 times |
| 16 Thu May 2024 | 84.73 | 85.73 | 86.36 | 81.58 | 1.395 times |
| 15 Wed May 2024 | 85.37 | 78.59 | 85.62 | 74.01 | 1.546 times |
| 14 Tue May 2024 | 77.03 | 75.27 | 77.68 | 74.87 | 1.112 times |
| 13 Mon May 2024 | 75.60 | 75.48 | 76.62 | 74.85 | 1.008 times |
| 10 Fri May 2024 | 75.00 | 75.03 | 75.08 | 73.67 | 0.738 times |
| 09 Thu May 2024 | 74.60 | 72.00 | 74.81 | 70.82 | 1.143 times |
| 08 Wed May 2024 | 72.68 | 70.99 | 72.98 | 69.81 | 0.871 times |
| 07 Tue May 2024 | 71.81 | 72.75 | 72.78 | 70.15 | 0.792 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 89.8, for a target of 81.1 or 73.84
Share price targets for Makemytrip (MMYT)
| Target Type | Value |
| Downside Target | 43.31 |
| Downside Target | 54.36 |
| Downside Target | 56.97 |
| Downside Target | 60.55 |
| Downside Target | 62.24 |
| Downside Target | 65.54 |
| Downside Target | 68.57 |
| Downside Target | 71.41 |
| Downside Target | 73.62 |
| Downside Target | 77.30 |
| Downside Target | 85.60 |
| Downside Target | 88.56 |
| Upside Target | 89.83 |
Intraday share price targets for Makemytrip (MMYT)
| Target Type | Value |
| Downside Intraday Target | 86.93 |
| Downside Intraday Target | 84.15 |
| Upside Intraday Target | 91.16 |
| Upside Intraday Target | 92.61 |
| Downside Intraday Target | 88.38 |
Weekly technical analysis of Makemytrip (MMYT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 89.71 | 86.23 | 89.83 | 85.60 | 0.185 times |
| 17 Fri May 2024 | 86.50 | 75.48 | 88.56 | 74.01 | 1.439 times |
| 10 Fri May 2024 | 75.00 | 73.48 | 75.14 | 69.81 | 0.779 times |
| 03 Fri May 2024 | 72.39 | 67.18 | 73.62 | 65.54 | 1.306 times |
| 26 Fri Apr 2024 | 67.47 | 61.13 | 68.57 | 60.77 | 0.845 times |
Price has moved up 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 |
| 20 Mon May 2024 | 89.71 | 65.68 | 89.83 | 65.54 | 0.594 times |
| 30 Tue Apr 2024 | 66.21 | 71.40 | 77.30 | 60.55 | 1.24 times |
| 28 Thu Mar 2024 | 71.05 | 62.00 | 71.41 | 57.59 | 0.874 times |
| 29 Thu Feb 2024 | 61.69 | 55.25 | 62.24 | 54.36 | 1.23 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 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 short 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Makemytrip in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Makemytrip Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Makemytrip in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Makemytrip is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 80.05 and Makemytrip (MMYT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Makemytrip (MMYT) stock. Volume based technical analysis of Makemytrip (MMYT) stock is negative.
Makemytrip Stock is giving positive 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 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 short 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Makemytrip in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Makemytrip Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Makemytrip in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Makemytrip is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 80.05 and Makemytrip (MMYT) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Makemytrip (MMYT) stock. Volume based technical analysis of Makemytrip (MMYT) stock is negative.
Makemytrip Stock is giving positive 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.