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MakeMyTrip Limited

Stage 4 · Declining · week 2

As of Oct 22, 2026, MakeMyTrip is in Stage 4, the downtrend phase, now in week 2 (since Oct 14, 2026). It closed at $45.34, 49.6% below its 52-week high and below its 200-day average, which is falling.

MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam,… More about the company

$45.34
+2.35% today
$4.3B · Mid cap
Market Neutral — Fading

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

Is MMYT early, or has it already run? Pro answers that for every US stock we cover, after every close.

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Loading price chart…
Stage Cycle Timeline2023-08-16 → 2026-10-22
S2 79w
S4 34w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S2 79w → S3 6w → S4 5w → S1 7w → S4 10w → S1 5w → S4 34w → S1 11w → S2 3w → S3 1w → S4 1w → S3 2w → S4 1w current
Total tracked: 166 weeks across 13 stage runs.

MMYT among Travel Services15th of 17 by relative strength

All 17 →
Stocks in Travel Services ranked by relative strength, with stage and one-month change
#StockStageRS1M
1LINDStage 2 · wk 2198+29.5%
2PRSUStage 2 · wk 187+17.1%
3VIKStage 3 · wk 781+5.9%
4ABNBStage 2 · wk 2680+17.5%
5EXPEStage 3 · wk 278+15.2%
6TNLStage 4 · wk 466+6.7%
7RCLStage 4 · wk 548+24.2%
8CCLStage 4 · wk 848+24.2%
…15MMYTStage 4 · wk 224−3.1%
vs 52W High
-49.6%
$36.30 lo$89.97 hi
49.6% below 52W high, deep Stage 4 damage
In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.
Stage Maturity
Week 2
1w13w26w
Week 2, early Stage 4 decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.
vs 200 DMA
-12.5%
200 DMA: $51.81 · sloping down
In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.
Rel Volume
1.03x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.
Trend Health
↓
Short-term trend rolling over
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
-3.1%
3M
-7.9%
6M
-0.7%
YTD
-44.6%
1Y
-49.7%
Scan Membership
Breakout Watch
Latest: 2023-07-20
9 appearances in last 60 days. First seen: 2019-04-10.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S4
Wk 2 · Vol 1.03x
2026-10-21S4
Wk 2 · Vol 0.98x
2026-10-20S4
Wk 1 · Vol 1.14x
2026-10-19S4
Wk 1 · Vol 1.12x
2026-10-16S4
Wk 1 · Vol 1.61x
2026-10-15S4
Wk 1 · Vol 2.08x
2026-10-14S43→4
Wk 1 · Vol 1.14x
2026-10-13S3
Wk 2 · Vol 1.16x
2026-10-12S3
Wk 2 · Vol 0.95x
2026-10-09S3
Wk 2 · Vol 1.23x
2026-10-08S3
Wk 2 · Vol 2.29x
2026-10-07S3
Wk 1 · Vol 2.10x
Moving averages & range
50 DMA
$50.92
200 DMA
$51.81
52W High
$89.97
52W Low
$36.30
5D Low
$44.30
Resistance levels (recent highs)
20d High
$47.75
60d High
$63.22
120d High
$63.22
250d High
$89.97
Next resistance
+5.3%
to 20d High
P/E (TTM)
226.6
Forward 18.1
Earnings Growth (YoY)
-60.8%
Revenue +6.2%
ROE
+2868.7%
Profit margin +3.2%
Dividend Yield
0.00%
P/B -63.3

MakeMyTrip: quick answers

What stage is MakeMyTrip in?

As of Oct 22, 2026, MakeMyTrip (MMYT) is in Stage 4, the downtrend phase. It entered Stage 4 on Oct 14, 2026 and is in week 2. What the four stages mean

Is MakeMyTrip in an uptrend?

No. MakeMyTrip is in a Stage 4 downtrend. It trades 12.5% below its 200-day average, which is falling.

How far is MakeMyTrip from its 52-week high?

MakeMyTrip closed at $45.34 on Oct 22, 2026, 49.6% below its 52-week high of $89.97. Its 52-week low is $36.30.

How has MakeMyTrip performed over the past year?

As of Oct 22, 2026, MakeMyTrip is down 49.7% over the past year and down 44.6% so far in 2026.

Which sector and industry is MakeMyTrip in?

MakeMyTrip is in the Travel Services industry, part of the Consumer Discretionary sector.

About this companyConsumer Discretionary· Travel Services

MakeMyTrip Limited, together with its subsidiaries, operates as a travel service provider in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, Saudi Arabia, Cambodia, and Indonesia. The company operates through three segments: Air Ticketing, Hotels, and Packages and Bus Ticketing. Its products and services include air tickets, hotels and alternative accommodations, holiday packages, bus tickets, rail tickets, car hire, tours and attractions, travel assurance products and add-on products for bookings; activities and experiences and ancillary travel requirements, such as facilitating access to third-party travel and other insurance products; and visa-related products and services under the MakeMyTrip, Goibibo, and redBus brands, as well as foreign exchange, prepaid forex cards, cross-border remittances and related financial services. The company allows travelers to research, plan, and book a range of travel services and products in India and internationally through its primary websites, including makemytrip.com, goibibo.com, redbus.in, and makemytrip.ae; and other technology-enhanced distribution channels, such as call centers, franchisee-owned travel stores, and travel agents' network, as well as its mobile applications. It primarily serves leisure travelers and corporates. The company was formerly known as International Web Travel Private Limited and changed its name to MakeMyTrip Limited in March 2010. MakeMyTrip Limited was incorporated in 2000 and is based in Gurugram, India.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.