Technical Analysis for MMYT - MakeMyTrip Limited

Grade Last Price % Change Price Change
grade B 26.02 1.40% 0.36
MMYT closed up 1.4 percent on Friday, January 18, 2019, on approximately normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Earnings due: Jan 24

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

Date Alert Name Type % Chg
Jan 18 Pocket Pivot Bullish Swing Setup 0.00%
Jan 18 Outside Day Range Expansion 0.00%
Jan 18 Overbought Stochastic Strength 0.00%
Jan 17 Pocket Pivot Bullish Swing Setup 1.40%
Jan 17 Overbought Stochastic Strength 1.40%
Jan 16 Overbought Stochastic Strength 2.64%
Jan 15 Overbought Stochastic Strength 2.24%
Jan 15 Up 3 Days in a Row Strength 2.24%
Jan 14 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 4.00%
Jan 14 Outside Day Range Expansion 4.00%

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: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 41.7
52 Week Low 19.66
Average Volume 323,228
200-Day Moving Average 30.259
50-Day Moving Average 24.0686
20-Day Moving Average 24.069
10-Day Moving Average 25.359
Average True Range 1.0818
ADX 16.63
+DI 28.0298
-DI 16.4639
Chandelier Exit (Long, 3 ATRs ) 22.9046
Chandelier Exit (Short, 3 ATRs ) 22.9054
Upper Bollinger Band 27.4015
Lower Bollinger Band 20.7365
Percent B (%b) 0.79
BandWidth 27.691221
MACD Line 0.5102
MACD Signal Line 0.3194
MACD Histogram 0.1908
Fundamentals Value
Market Cap 2.53 Billion
Num Shares 97.2 Million
EPS -2.46
Price-to-Earnings (P/E) Ratio -10.58
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) 28.03
Resistance 3 (R3) 27.85 26.99 27.70
Resistance 2 (R2) 26.99 26.48 27.09 27.58
Resistance 1 (R1) 26.51 26.17 26.75 26.69 27.47
Pivot Point 25.65 25.65 25.78 25.75 25.65
Support 1 (S1) 25.17 25.14 25.41 25.35 24.57
Support 2 (S2) 24.31 24.83 24.41 24.46
Support 3 (S3) 23.83 24.31 24.35
Support 4 (S4) 24.01