Is MakeMyTrip Ltd. technically bullish or bearish?

Sep 20 2025 07:37 PM IST
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As of August 15, 2025, MakeMyTrip Ltd. is in a mildly bearish trend with mixed technical signals, underperforming the S&P 500 year-to-date and over the past year, but showing strong long-term performance with a 3-year return of 207.65%.
As of 15 August 2025, the technical trend for MakeMyTrip Ltd. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by daily moving averages indicating a bearish trend, while the weekly MACD and KST show mild bullishness. Bollinger Bands are bullish on both weekly and monthly time frames, and the OBV is also bullish. However, the monthly MACD and KST remain mildly bearish, suggesting mixed signals.

In terms of performance, MakeMyTrip has underperformed the S&P 500 across most periods, with a year-to-date return of -11.58% compared to the S&P 500's 12.22%, and a one-year return of -6.13% versus 17.14%. However, it has shown strong long-term performance with a 3-year return of 207.65% compared to the S&P 500's 70.41%.
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Our weekly and monthly stock recommendations are here
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