Technical Analysis for MMYT - MakeMyTrip Limited

Grade Last Price % Change Price Change
grade D 34.85 -0.14% -0.05
MMYT closed down 0.14 percent on Tuesday, May 22, 2018, on 42 percent of normal volume. It ran into resistance at its 50 day moving average. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.

Trend Table & Recent Alerts
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Flat Flat
See historical MMYT trend table...

Date Alert Name Type % Chg
May 22 50 DMA Resistance Bearish 0.00%
May 22 Shooting Star Candlestick Bearish 0.00%
May 22 Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
May 21 50 DMA Resistance Bearish -0.14%
May 21 Earnings Movers Other -0.14%
May 18 50 DMA Resistance Bearish -0.14%
May 18 Stochastic Buy Signal Bullish -0.14%
May 18 Earnings Movers Other -0.14%
May 18 Oversold Stochastic Weakness -0.14%
May 17 Lower Bollinger Band Touch Weakness 5.29%

Older signals for MMYT ...

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Profile
MakeMyTrip Limited, an online travel company, provides travel products and solutions. Its services and products include air tickets, hotels, packages, rail tickets, bus tickets, car hire, and ancillary travel requirements, such as travel insurance, and Visa processing and facilitating access. The company allows travelers to research, plan, book, and purchase a range of travel services and products in India and internationally through its Website MakeMyTrip.com. MakeMyTrip Limited also provides its products and services through hoteltravel.com, makemytrip.ae, makemytrip.com.sg, and other technology-enhanced distribution channels, such as call centers, travel stores, travel agents' network, and mobile service platform. Its customers comprise leisure travelers and small businesses. MakeMyTrip Limited was founded in 2000 and is headquartered in Gurgaon, India.
Is MMYT a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 38.1
52 Week Low 22.4
Average Volume 295,346
200-Day Moving Average 31.0772
50-Day Moving Average 34.957
20-Day Moving Average 35.4225
10-Day Moving Average 34.68
Average True Range 1.2322
ADX 21.82
+DI 17.62
-DI 25.91
Chandelier Exit (Long, 3 ATRs ) 34.4034
Chandelier Exit (Short, 3 ATRs ) 36.6466
Upper Bollinger Band 37.908
Lower Bollinger Band 32.937
Percent B (%b) 0.38
BandWidth 14.033453
MACD Line -0.1457
MACD Signal Line 0.0473
MACD Histogram -0.1931
Fundamentals Value
Market Cap 3.39 Billion
Num Shares 97.2 Million
EPS -2.46
Price-to-Earnings (P/E) Ratio -14.17
Price-to-Sales 4.30
Price-to-Book 1.33
PEG Ratio -0.19
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 36.20
Resistance 3 (R3) 36.33 36.02 35.98
Resistance 2 (R2) 36.02 35.67 35.95 35.90
Resistance 1 (R1) 35.43 35.46 35.28 35.30 35.82
Pivot Point 35.12 35.12 35.04 35.05 35.12
Support 1 (S1) 34.53 34.77 34.38 34.40 33.88
Support 2 (S2) 34.22 34.56 34.15 33.80
Support 3 (S3) 33.63 34.22 33.73
Support 4 (S4) 33.50