Technical Analysis for MMYT - MakeMyTrip Limited

Grade Last Price % Change Price Change
grade D 25.36 -6.59% -1.79
MMYT closed down 6.59 percent on Friday, March 22, 2019, on 87 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical MMYT trend table...

Date Alert Name Type % Chg
Mar 22 MACD Bearish Centerline Cross Bearish 0.00%
Mar 22 Below Lower BB Weakness 0.00%
Mar 22 Down 3 Days in a Row Weakness 0.00%
Mar 22 Down 4 Days in a Row Weakness 0.00%
Mar 22 Down 5 Days in a Row Weakness 0.00%
Mar 22 Lower Bollinger Band Touch Weakness 0.00%
Mar 22 Oversold Stochastic Weakness 0.00%
Mar 21 50 DMA Resistance Bearish -6.59%
Mar 21 Inside Day Range Contraction -6.59%
Mar 21 Down 3 Days in a Row Weakness -6.59%

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.
World Wide Web Websites Travel Agency Online Travel Travel Insurance Car Hire Economy Of India Travel Products
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: 0 bullish, 4 bearish and 1 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 348,960
200-Day Moving Average 28.6842
50-Day Moving Average 27.6644
20-Day Moving Average 29.144
10-Day Moving Average 28.633
Average True Range 1.1311
ADX 28.52
+DI 17.0423
-DI 34.1516
Chandelier Exit (Long, 3 ATRs ) 28.9067
Chandelier Exit (Short, 3 ATRs ) 28.6633
Upper Bollinger Band 32.328
Lower Bollinger Band 25.96
Percent B (%b) -0.09
BandWidth 21.850124
MACD Line -0.1883
MACD Signal Line 0.4216
MACD Histogram -0.61
Fundamentals Value
Market Cap 2.47 Billion
Num Shares 97.2 Million
EPS -2.46
Price-to-Earnings (P/E) Ratio -10.31
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) 28.35
Resistance 3 (R3) 28.65 27.95 27.85
Resistance 2 (R2) 27.95 27.19 27.80 27.68
Resistance 1 (R1) 26.66 26.72 26.31 26.36 27.52
Pivot Point 25.96 25.96 25.79 25.81 25.96
Support 1 (S1) 24.67 25.20 24.32 24.37 23.20
Support 2 (S2) 23.97 24.73 23.82 23.04
Support 3 (S3) 22.68 23.97 22.87
Support 4 (S4) 22.38