Bullish Two Hundred Day Moving Average Cross - MMYT

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In trading on Monday, shares of MakeMyTrip Ltd. (Symbol: MMYT) crossed above their 200 day moving average of $31.58, changing hands as high as $31.60 per share. MakeMyTrip Ltd. shares are currently trading up about 2.9% on the day. The chart below shows the one year performance of MMYT shares, versus its 200 day moving average: MakeMyTrip Ltd. 200 Day Moving Average Chart

Looking at the chart above, MMYT's low point in its 52 week range is $22.40 per share, with $40.90 as the 52 week high point - that compares with a last trade of $31.55.

According to the ETF Finder at ETF Channel, MMYT makes up 1.92% of the First Trust Chindia ETF (Symbol: FNI) which is trading up by about 0.6% on the day Monday.

Click here to find out which 9 other stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing
Referenced Symbols: MMYT , FNI

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