(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 2024-05-31 View latest technical analysis
10 day averaged volume of Makemytrip is 934448
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 75.59 | 75.86 | 77.06 | 73.84 | 0.747 times |
| 30 Thu May 2024 | 75.49 | 76.02 | 77.37 | 74.53 | 0.477 times |
| 29 Wed May 2024 | 76.61 | 76.48 | 78.14 | 76.09 | 0.415 times |
| 28 Tue May 2024 | 77.89 | 79.99 | 80.81 | 76.22 | 0.708 times |
| 23 Thu May 2024 | 74.65 | 79.52 | 80.00 | 74.15 | 1.371 times |
| 22 Wed May 2024 | 78.12 | 81.87 | 82.00 | 77.00 | 1.389 times |
| 21 Tue May 2024 | 81.73 | 88.44 | 88.50 | 81.21 | 1.367 times |
| 20 Mon May 2024 | 89.71 | 86.23 | 89.83 | 85.60 | 0.958 times |
| 17 Fri May 2024 | 86.50 | 84.50 | 88.56 | 84.39 | 0.735 times |
| 16 Thu May 2024 | 84.73 | 85.73 | 86.36 | 81.58 | 1.224 times |
My analysis of stock is bearish for shortterm, and stock might move down till 72.3 or till 66. Use a stoploss of 77.49 and if the stock hits stoploss, then it can shoot up till 82.7
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 | 69.81 |
| Downside Target | 71.41 |
| Downside Target | 73.62 |
| Upside Target | 77.30 |
| Upside Target | 80.81 |
| Upside Target | 88.56 |
| Upside Target | 89.83 |
Intraday share price targets for Makemytrip (MMYT)
| Target Type | Value |
| Downside Intraday Target | 72.68 |
| Downside Intraday Target | 69.78 |
| Upside Intraday Target | 79.65 |
| Upside Intraday Target | 83.72 |
| Upside Intraday Target | 76.75 |
Weekly technical analysis of Makemytrip (MMYT)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 75.59 | 79.99 | 80.81 | 73.84 | 0.462 times |
| 23 Thu May 2024 | 74.65 | 86.23 | 89.83 | 74.15 | 0.983 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 |
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 |
| 31 Fri May 2024 | 75.59 | 65.68 | 89.83 | 65.54 | 0.918 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Makemytrip in short term but the sell signal is initial and weak.
Makemytrip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Makemytrip in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 80.42 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Makemytrip in short term but the sell signal is initial and weak.
Makemytrip Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Makemytrip in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 80.42 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.