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(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.

10 day averaged volume of Makemytrip is 331480

Date Daily Closing Price Open High Low Volume
09 Fri Apr 2021 30.28 29.47 30.47 29.21 0.617 times
08 Thu Apr 2021 29.83 29.94 30.63 29.53 1.026 times
07 Wed Apr 2021 29.93 31.00 31.17 29.84 1.212 times
06 Tue Apr 2021 30.89 31.41 32.53 30.85 1.755 times
05 Mon Apr 2021 31.37 32.77 32.77 31.22 1.045 times
01 Thu Apr 2021 32.08 32.08 33.05 31.76 0.868 times
31 Wed Mar 2021 31.58 31.57 32.43 31.41 1.138 times
30 Tue Mar 2021 31.28 30.56 31.52 30.12 0.381 times
29 Mon Mar 2021 30.47 31.69 32.41 30.24 0.796 times
26 Fri Mar 2021 32.17 31.37 32.27 31.05 0.676 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 30.2 as stoploss in an intra day buy trade for a target of 33.23. However, stock will show a bearish move below 30.2.

Share price targets for Makemytrip (MMYT)

Target Type Value
Downside Target 24.09
Downside Target 27.18
Downside Target 27.81
Downside Target 29.01
Upside Target 30.89
Upside Target 32.77
Upside Target 33.33
Upside Target 34.14
Upside Target 35.76
Upside Target 36.46
Upside Target 37.35
Upside Target 39.02

Intraday share price targets for Makemytrip (MMYT)

Target Type Value
Downside Intraday Target 28.74
Downside Intraday Target 27.19
Upside Intraday Target 32.3
Upside Intraday Target 34.31
Upside Intraday Target 30.75

Weekly technical analysis of Makemytrip (MMYT)

Date Weekly Closing Price Open High Low Volume
09 Fri Apr 2021 30.28 32.77 32.77 29.21 1.776 times
01 Thu Apr 2021 32.08 31.69 33.05 30.12 0.399 times
26 Fri Mar 2021 32.17 36.46 36.46 29.01 0.807 times
19 Fri Mar 2021 36.58 37.37 39.02 35.76 1.194 times
12 Fri Mar 2021 37.01 32.18 37.35 30.89 0.487 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Makemytrip (MMYT)

Date Monthly Closing Price Open High Low Volume
09 Fri Apr 2021 30.28 32.08 33.05 29.21 0.114 times
31 Wed Mar 2021 31.58 33.93 39.02 29.01 1.366 times
26 Fri Feb 2021 33.55 28.81 34.14 27.18 2.201 times
29 Fri Jan 2021 28.53 29.91 33.33 27.81 0.703 times

Price has moved down 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)

Indicator Name Indicator Value Indicator Signal
ADX 13, 32, 41 Sell
MACD -1, -0Sell
Stochastics 23Sell
CCI -113Sell
RSI 48Sell
OBV -1790900Sell
VWAP 31Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 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 mid to longer term time period is

ADX buy sell signal for Makemytrip stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Makemytrip in short term and the sell signal is strong.

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 red color and prices are in or above the red 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 30.93 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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