MakeMyTrip (Germany) Overlap Studies Bollinger Bands

MY1 Stock  EUR 108.50  0.05  0.05%   
MakeMyTrip overlap studies tool provides the execution environment for running the Bollinger Bands study and other technical functions against MakeMyTrip. MakeMyTrip value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of overlap studies indicators. As with most other technical indicators, the Bollinger Bands study function is designed to identify and follow existing trends. MakeMyTrip overlay technical analysis usually involve calculating upper and lower limits of price movements based on various statistical techniques. Please specify the following input to run this model: Time Period, Deviations up, Deviations down, and MA Type.

Execute Study
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. MakeMyTrip middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for MakeMyTrip Limited. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

MakeMyTrip Technical Analysis Modules

Most technical analysis of MakeMyTrip help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for MakeMyTrip from various momentum indicators to cycle indicators. When you analyze MakeMyTrip charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About MakeMyTrip Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of MakeMyTrip Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of MakeMyTrip Limited based on widely used predictive technical indicators. In general, we focus on analyzing MakeMyTrip Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build MakeMyTrip's daily price indicators and compare them against related drivers, such as overlap studies and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of MakeMyTrip's intrinsic value. In addition to deriving basic predictive indicators for MakeMyTrip, we also check how macroeconomic factors affect MakeMyTrip price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
105.02108.50111.98
Details
Intrinsic
Valuation
LowRealHigh
108.14111.62115.10
Details
Naive
Forecast
LowNextHigh
112.83116.30119.78
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
98.97104.57110.18
Details

Be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

Generate Optimal Portfolios

Align your risk and return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

Additional Information and Resources on Investing in MakeMyTrip Stock

When determining whether MakeMyTrip Limited is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if MakeMyTrip Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Makemytrip Limited Stock. Highlighted below are key reports to facilitate an investment decision about Makemytrip Limited Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MakeMyTrip Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Please note, there is a significant difference between MakeMyTrip's value and its price as these two are different measures arrived at by different means. Investors typically determine if MakeMyTrip is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MakeMyTrip's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.