Is MakeMyTrip Ltd. technically bullish or bearish?

Oct 26 2025 11:30 AM IST
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As of October 24, 2025, MakeMyTrip Ltd. is in a bearish trend with weak momentum indicators, underperforming the S&P 500 significantly with year-to-date and one-year returns of -20.11% and -13.74%, respectively.
As of 24 October 2025, the technical trend for MakeMyTrip Ltd. has changed from mildly bearish to bearish. The current stance is bearish with a weak strength indicated by the weekly MACD and moving averages both showing bearish signals. The Bollinger Bands also reflect a bearish trend on the monthly timeframe. Additionally, the KST is bearish on the weekly and mildly bearish on the monthly. The Dow Theory indicates no trend on the weekly but is mildly bullish on the monthly, suggesting some conflicting signals.

In terms of performance, MakeMyTrip has underperformed the S&P 500 across multiple periods, with a year-to-date return of -20.11% compared to the S&P 500's 15.47%, and a one-year return of -13.74% versus 16.90%.
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Our weekly and monthly stock recommendations are here
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