MARCUS & MILLICHAP INC (MMI) Stock Technical Analysis
NYSE:MMI - New York Stock Exchange, Inc. - US5663241090 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to MMI. MMI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MMI is a bad performer in the overall market: 78% of all stocks are doing better.
MMI is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MMI is lagging the market.
MMI is part of the Real Estate Management & Development industry. There are 65 other stocks in this industry, MMI did better than 42% of them.
In the last month MMI has a been trading in the 27.61 - 31.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
MMI has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
27.72
41.57
When analyzing the support we notice one important area.
- A support zone ranging from 28.00 to 28.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- A resistance zone ranging from 29.89 to 29.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @36.02 from a trend line in the weekly time frame.
- Resistance @36.82 from a trend line in the daily time frame.
- Resistance @37.79 from a horizontal line in the daily time frame.
- Resistance @38.54 from a horizontal line in the daily time frame.
- Resistance @41.16 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MMI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MMI is neutral. |
| ChartMill Relative Strength | 22.93 | NEGATIVE | MMI has a low relative strength, it was outperformed by 77.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MMI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MMI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MMI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.85 | NEUTRAL | The RSI value for MMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests MMI has a positive trend. |
| Stochastics (14,3) | 71.73 | NEUTRAL | The Stochastics value for MMI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for MMI suggests some volalility. |
| Average Directional Index/ADX (14) | 21.27 | NEUTRAL | The ADX value for MMI suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
29.88
+0.47 (+1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg1.6%
1 Week4.77%
2 Weeks6.56%
1 Month-0.8%
3 Month-19.83%
6 Month-27.39%
12 Month-2.26%
2 Year-5.17%
3 Year-19.22%
5 Year3.53%
10 Year-35.24%
15 YearN/A
Volatility
ATR(14)0.77
ATR(20)%2.85%
ATR Inc14.52%
Range Today1.25
ADR(20)0.8
ADR(20)%2.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.93
Mansfield-2.02
10 Day High30.47
10 Day Low27.61
20 Day High31
20 Day Low27.61
52 Week High42.8
52 Week Low27.61
CS1 End28.11
CR1 Start29.89
Volume & EV
DER(3)4.16%
DER(5)2.89%
Volume199.30K
Volume Incr71.14%
Vol(5)201.24K
Vol(50)128.44K