Makemytrip's 15min chart triggers MACD Death Cross, Bearish Marubozu formation.
ByAinvest
Monday, Oct 13, 2025 2:34 pm ET1min read
MMYT--
The MACD Death Cross is a technical analysis signal that occurs when the MACD line crosses below the signal line, often signaling a potential reversal in the stock's direction. A Marubozu is a candlestick pattern where the body of the candle is entirely filled, indicating strong buying or selling pressure. In this case, the bearish Marubozu suggests intense selling pressure .
These indicators come as MakeMyTrip's stock has been underperforming relative to the broader market. Over the past month, MMYT has fallen by 3.92%, compared to the Computer and Technology sector's gain of 6.37% and the S&P 500's gain of 3.68% [1].
Despite the bearish signals, MakeMyTrip's earnings outlook remains positive. The company is expected to report earnings per share (EPS) of $0.45 for the upcoming quarter, representing a 25.00% increase from the same quarter last year. Revenue is projected to be $264.28 million, a 25.26% increase year-over-year [1].
Investors should also consider the Zacks Rank, which currently assigns a #3 (Hold) rating to MakeMyTrip. The Zacks Rank is an exclusive model that considers estimated changes in earnings and delivers an operational rating system ranging from #1 (Strong Buy) to #5 (Strong Sell) [1].
Valuation metrics also suggest that MakeMyTrip is currently trading at a premium. The company has a Forward P/E ratio of 43.54, compared to the industry average of 14.07 [1].
In conclusion, while MakeMyTrip's recent technical indicators suggest a potential continuation of its downward trend, the company's earnings outlook remains positive. Investors should carefully consider these factors before making investment decisions.
Makemytrip's 15-minute chart has recently exhibited a notable technical indicator, the MACD Death Cross, accompanied by a bearish Marubozu at 10:30 AM on October 13, 2025. This suggests that the stock price may continue to decline, as sellers are currently dominating the market and bearish momentum is likely to persist.
MakeMyTrip (MMYT) experienced a significant technical indicator change on October 13, 2025, with a MACD Death Cross and a bearish Marubozu candlestick appearing at 10:30 AM. This combination suggests a potential continuation of the stock's downward trend, indicating that sellers are currently in control of the market and bearish momentum may persist [1].The MACD Death Cross is a technical analysis signal that occurs when the MACD line crosses below the signal line, often signaling a potential reversal in the stock's direction. A Marubozu is a candlestick pattern where the body of the candle is entirely filled, indicating strong buying or selling pressure. In this case, the bearish Marubozu suggests intense selling pressure .
These indicators come as MakeMyTrip's stock has been underperforming relative to the broader market. Over the past month, MMYT has fallen by 3.92%, compared to the Computer and Technology sector's gain of 6.37% and the S&P 500's gain of 3.68% [1].
Despite the bearish signals, MakeMyTrip's earnings outlook remains positive. The company is expected to report earnings per share (EPS) of $0.45 for the upcoming quarter, representing a 25.00% increase from the same quarter last year. Revenue is projected to be $264.28 million, a 25.26% increase year-over-year [1].
Investors should also consider the Zacks Rank, which currently assigns a #3 (Hold) rating to MakeMyTrip. The Zacks Rank is an exclusive model that considers estimated changes in earnings and delivers an operational rating system ranging from #1 (Strong Buy) to #5 (Strong Sell) [1].
Valuation metrics also suggest that MakeMyTrip is currently trading at a premium. The company has a Forward P/E ratio of 43.54, compared to the industry average of 14.07 [1].
In conclusion, while MakeMyTrip's recent technical indicators suggest a potential continuation of its downward trend, the company's earnings outlook remains positive. Investors should carefully consider these factors before making investment decisions.
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