MMYT Stock Analysis: MakeMyTrip Limited

Updated Nov 3, 2026, after the Nov 2 close. Nasdaq, Travel Services. Refreshed every trading day from the latest close.

$45.60 +6.84% Nov 2 close

The short answer

As of the Nov 2, 2026 close, QuantivFlow's Trend algo rates MMYT BUY on the short-term (daily) horizon, a stance it has held since Aug 3, 2026 at $61.78. The mid-term (weekly) and long-term (monthly) horizons read EXIT and BUY. The Rebound algo's last dip trade closed on Sep 10, 2026 at $49.08; it holds no dip position now. The Patterns algo sees a descending channel on the daily chart that broke out on Nov 2, 2026 at $44.51, with a measured target about 22% higher. The daily RSI (14) is 52, and the price sits 5.8% under the 50-day average and 9.8% under the 200-day.

Three algos, three opinions is normal: Trend follows the established direction, Rebound buys sharp dips inside it, Patterns reads the chart shape. Not investment advice.

What Trend meansA trend-following algo. BUY while an uptrend holds on that horizon, EXIT when it breaks. Long only, judged on daily, weekly and monthly candles.
What Rebound meansA dip-buying algo. BUY after a sharp short-term drop in an otherwise healthy stock, EXIT once price closes back above its 12-day average. Short term and Mid term profiles.
What Patterns meansA chart-shape detector. Finds wedges, double tops and bottoms, cup and handle and more, marks the breakout or breakdown and measures the textbook price target. Full method

Trend

rides uptrends, long only
Short term (daily)BUY
Mid term (weekly)EXIT
Long term (monthly)BUY

Daily BUY since Aug 3, 2026 at $61.78. Weekly EXIT since Apr 18, 2025 at $103.30. Monthly BUY since Jan 2024.

Rebound

buys sharp dips
Short termEXIT
Mid termNo dip signal

Short term: the last dip trade closed on Sep 10, 2026 at $49.08; no open dip position. The exit comes when price closes back above its 12-bar average or after 10 bars.

Patterns

chart shapes with targets
Daily: Descending channelBREAKOUT

The descending channel on the daily chart broke out on Nov 2, 2026 at $44.51, measured target 21.6% higher (about $54.13).

Daily indicators at the Nov 2 close

Read from the daily chart. The weekly and monthly readings are in the app.

MomentumValueRead
RSI (14)51.5neutral
MACD / signal-1.33 / -1.64above signal, rising
ADX (14)33.5trending
+DI / -DI22.2 / 23.8sellers lead
ATR (14)2.285.0% of price
Price levelsValuevs price
SMA 2043.98+3.7%
SMA 5048.43-5.8%
SMA 20050.54-9.8%
Bollinger (20, 2)40.85 to 47.10inside the bands
52-week range32.67 to 86.9424% of range
Volume590K0.5x the 20-day average

How the algos have done on MMYT

Closed signals on this stock, from each algo's own history on the horizon named. Past results do not guarantee future results.

Trend, short term (3y)
20%win rate
+9.7%avg per trade
5closed trades
Trend, mid term (10y) Not enough closed trades on this stock yet (2 so far; 5 needed).
Trend, long term (16.3y) Not enough closed trades on this stock yet (2 so far; 5 needed).
Rebound, short term (2.9y)
77%win rate
+2.2%avg per trade
13closed trades
Rebound, mid term (10y) Not enough closed trades on this stock yet (3 so far; 5 needed).
Patterns, all horizons (2y) Not enough measured breaks on this stock yet (1 detected; 5 needed).

Recent signals on MMYT

DateAlgoHorizonSignalPriceNote
2026-11-02PatternsDaily Descending channel breakout 44.51target +21.6%
2026-09-10ReboundShort term EXIT 49.08closed the BUY from Aug 26 at -17.0%
2026-08-26ReboundShort term BUY 59.16
2026-08-03TrendShort term BUY 61.78open
2025-04-18TrendMid term EXIT 103.30closed the BUY from $33.71 at +206.4%
2025-02-25ReboundShort term EXIT 92.80closed the BUY from Feb 10 at -16.3%
2025-02-10ReboundShort term BUY 110.82
2025-01-23ReboundShort term EXIT 109.44closed the BUY from Jan 10 at +2.8%
2025-01-10ReboundShort term BUY 106.41
2024-12-26ReboundShort term EXIT 116.21closed the BUY from Dec 18 at +3.9%

The full MMYT analysis is in the QuantivFlow app

  • The descending channel drawn on the chart, with its $54.13 target
  • RSI, MACD, ADX, moving averages, Bollinger Bands and volume, read for you
  • How each algo has done on MMYT: win rate, average gain, every past signal
  • A push notification the day a signal or pattern changes

Free on both stores. Scan the code with your phone, or search "QuantivFlow".

Free on the App Store and Google Play. Not installed? The button takes you to the store.

Questions about MMYT

Is MMYT in an uptrend right now?

On daily and monthly candles, yes; not on the others. The daily horizon is BUY since Aug 3, 2026. The weekly horizon is EXIT since Apr 18, 2025. The monthly horizon is BUY since January 2024. Trend is long only: BUY means the uptrend holds on that horizon, EXIT means it broke.

Is MMYT oversold?

No. The daily RSI (14) closed at 51.5; the classic oversold line is 30.

What chart pattern is MMYT forming?

The descending channel on the daily chart broke out on Nov 2, 2026 at $44.51, measured target 21.6% higher (about $54.13).

Where is MMYT's 200-day moving average?

$50.54 at the Nov 2, 2026 close, with the stock at $45.60, 9.8% below it. The 50-day average is $48.43, 5.8% above the price.

Is MMYT a buy today?

QuantivFlow does not give advice. It shows what each algo sees: Trend is BUY on the daily horizon, Rebound holds no dip position, Patterns sees a descending channel that broke out with a target 22% higher. How you weigh the three depends on your horizon and risk tolerance; past signals do not guarantee future results.

Other consumer cyclical stocks

Generated by QuantivFlow after every trading day from the same scan that powers the app. Signals describe what the algos observed on end-of-day data, not what you should do. QuantivFlow is not a broker or an investment adviser. Trading involves risk, including the loss of principal.

Data as of Nov 2, 2026 close. Page updated Nov 3, 2026 10:08 UTC. Machine-readable version: quantivflow.com/stocks/MMYT.json