Use left and right arrow keys to read weekly closes. Home and End go to the first and last week.
Weekly closes · USD
Market context
Stage
2 · Stage 2B · Advancing, as of 18 Sep 2026
Sentiment
54 · As of 24 Sep 2026
RS
-2.52
Dynamics
-0.02
Fair value gap
-6.0%
Week range
29.75–31.62
Weekly Chart PackCompleted weekly market data · Independent research
NYSE · Equity · United States
MMI
Marcus & Millichap Inc
Real EstateReal Estate Services
Marcus & Millichap, Inc., an investment brokerage firm, provides real estate investment brokerage and financing services to sellers and buyers of commercial real estate in the United States and Canada. The company is headquartered in Calabasas, California.
Last updated
18 Sep 2026
Exchange
NYSE · NYSE
Sector
Real Estate
Industry
Real Estate Services
Currency
USD
Market capitalisation
1,186,498,521
Fair value reference
32.11
Next-week expectancy
Undecided · 47.58%
Executive chart read
Over the latest 12 completed weeks ending 2026-09-18, MMI fell 5.27%, moving from 31.86 to 30.18. The latest weekly close is above the Trend Line and below Fair Value. Trend Signal is active on the latest week and was active in 12 of the last 12 weeks. Relative Strength is -2.52 and has softened across the 12-week window. Market Dynamics is -0.02 on the latest week. Next-week expectancy is undecided at 47.58% based on similar historical setup states.
Week Ending
18 Sep 2026
Latest Close
30.18
12-Week Change
-5.27%
Trend Signal
Active
Next-Week Expectancy
Undecided 47.58%
Signal Weeks
12 of 12
Reversal Map Indicator
Select a chart tab to switch views.
Weekly Trend
All chart layers are hidden. Open Chart options to select a layer or choose Reset.
Weekly Close
Trend Line
Fair Value
Activity LinesDirection Line
Analysis panels
Choose up to 6 panels. Drag panel headers to reorder.
Price Sponsorship Indicator
What it is
Price Sponsorship Indicator PSI
PSI compares the weekly price move with the market activity behind it. It shows whether price has broad support or whether that support is weakening.
Current completed-week read · 2026-09-18
Support is stabilising
PSI is stabilising, but the direction is not yet clear. The next completed weeks will show whether support strengthens or fades.
PSI score
50/100
2 completed weeks
Recent support
+19
Limited
Readings pointing the same way
50%
Activity is weighing on price
What it shows
Price and the support behind it
The navy line is price. Green and red bars show support. The coloured trend lines show positive, negative or possible change.
01Support buildsGreen bars rise above zero.
02Price confirmsPrice rises with positive bars.
03Support holdsPositive bars remain with price.
04WarningBars weaken before or with price.
PricePositive trendNegative trendPossible changeStrong supportPositive supportWeak support
What it shows
Is this move specific to the ticker or shared by the market?
This compares the ticker's PSI reading with how widely stocks on its exchange are moving together. It does not change PSI.
Stocks moving together54/100
Broad move building · more together
Ticker and market
The ticker reading is mixed
PSI has no clear direction. The wider market adds context, but does not change that mixed reading.
PSI
0.0
Market togetherness
54/100
Ticker supported, market mixed
Positive PSI without a strong shared market move.
Current contextTicker supported, market moving together
Positive PSI within a strong shared market move.
Ticker weak, market mixed
Weak PSI without matching broad market weakness.
Ticker weak, broad market weak
Weak PSI within a strong shared market decline.
Second check
Does Market Dynamics agree?
PSI shows support for the price move. Market Dynamics provides a separate check on whether conditions beneath price point the same way.
What it shows
The two readings are mixed
Neither reading gives a clear direction.
Current reading
-0.02
Four-week change
-0.58
Sharemaestro · MMI · Weekly price reversals
RMI Reversal Map Indicator
See where price breaks a previous high or low, turns back, and confirms a change in direction.
○ Broke a prior high / low◇ Closed back across the level▲ / ▼ Reversal confirmed– – Confirmation level— Average price since the sweep (VWAP)
Observed follow-through
What happened after confirmation?
Direction-adjusted price moves from the next weekly open. Only outcomes completed by the replay date are included. Before costs; no exit rules applied. Overlapping observations are not independent trades or a forecast.
Dated observations
Setup journal
Reading the chart
The chart opens on the latest 152 weeks. Choose 52 or 104 weeks for a closer view. Only confirmed reversals are shown. Clear confirmations is the stricter starting view; All confirmations also includes reversals that did not meet every strength check. Green marks a confirmed turn up; red marks a confirmed turn down. Dashed outlines mark historical setups. A zone marks where the reversal developed; its end does not mean the whole price move ended. Select a journal entry to review a past setup, or use the replay slider to see what was known at an earlier close.
Annotations adds dates and explanations for every visible zone. A separate Follow-up complete marker shows when eight weeks of tracking finished. The price move may continue beyond it. The numbered notes below the chart also let you select a zone to inspect it. Confirmed reversals can fail; failed setups stay in the history. Follow-through figures describe past price moves before costs; they are not a forecast or trading record.
Results use completed weekly prices. Missing or revised source data can affect the saved history.
Adaptive Price Envelope
Price, volatility and confirmation
Adaptive Price Envelope APE
See where price sits inside boundaries that adjust to completed-week direction and volatility, then check whether the wider evidence confirms the move.
Current completed-week read · 2026-09-18
Price is advancing above the adaptive centre
The envelope places current price in context without treating a single band touch as a signal. Direction, persistence and the evidence checks below determine the quality of the read.
Rolling market memory and the nearest established acceptance above and below the current price.
Is market memory moving?
Accepted-value migration
Each column is a rolling one-year auction. Brighter areas show stronger price acceptance.
Where is the next market memory?
Auction runway
The next established shelf is materially farther below than above.
Above30.51Established market memory sits 1.1% above the latest close.
Below28.60Established market memory sits 5.2% below the latest close.
Decision map
What would confirm or challenge the current interpretation?
Sustained weekly closes above32.24
Higher-value acceptance
Holding above this boundary while the acceptance centre rises would strengthen the higher-value interpretation.
Primary market-memory magnet30.51
Rotation toward value
This is the centre of the three-year auction and the principal reference if price rotates back through value.
Sustained weekly closes below25.34
Lower-value acceptance
Holding below this boundary while the acceptance centre falls would strengthen the lower-value interpretation.
Decision context
Structural references and cross-signal agreement
The closest market-memory levels, the evidence that agrees or disagrees, and the limits of the current interpretation.
Market memory
Nearest structural nodes
These are historical acceptance references, not live resting orders.
Acceptance shelfRepeated historical activity makes this a market-memory shelf.
30.51
1.1%
Acceptance shelfRepeated historical activity makes this a market-memory shelf.
28.60
-5.2%
Low-acceptance corridorHistorically limited acceptance makes this a potential fast-travel area.
33.58
11.3%
Acceptance shelfRepeated historical activity makes this a market-memory shelf.
26.30
-12.9%
Cross-signal agreement
Does the wider Sharemaestro picture agree?
Agreement strengthens context; disagreement identifies where the thesis is vulnerable.
Auction locationShows where the latest close sits relative to established accepted value.Within accepted value
Accepted-value migrationCompares the recent acceptance centre with the preceding one-year auction.Lower
30-week trendThe latest close is 3.3% above the trend line.Price above
Fair-value positionMarket price is 6.0% below the current fair-value reference.Below
Point & Figure structureConfirms whether reversal structure agrees with the current auction direction.Supply column falling
Earnings repricingShows whether accepted market value is developing with or against the earnings relationship.Confirmed compounding
Accepted value migrating lower
Price remains within the broader value area while the recent acceptance centre moves lower.
More room below
The next established shelf is materially farther below than above.
Established market memory
The three-year acceptance centre at 30.51 remains the dominant rotational reference.
Security-specific analogues
How comparable auction states resolved
Fewer than four non-overlapping comparable episodes exist in the visible history.
1 comparable non-overlapping episodes are visible; at least four are required before outcomes are summarised.
Price Action
Completed weekly market tape
Price Action
A deep view of how price is behaving against its own completed history, trend, structural levels and participation.
Current weekly interpretationAdvancing structure with weak close
Recent completed price swings are progressing higher on both sides of the range. Price is above its completed-week trend reference and that reference is rising.
Full context · Unstable
Current structureAdvancing structure
Recent completed price swings are progressing higher on both sides of the range.
Trend relationshipAbove a rising trend
Price is above its completed-week trend reference and that reference is rising.
Support and resistanceSupport 30.04 · Resistance 33.06
Nearest completed structural references around the latest close.
The negative weekly move attracted clearly elevated participation.
Price, structure and participation
Where price advanced, failed, reclaimed or lost important ground
Candles preserve the completed weekly tape. Selected annotations identify meaningful finished events and point directly to the week concerned.
Up weekDown weekTrend referenceCompleted supportCompleted resistanceVolumeTypical volumePublished event
What happened this week?
The latest completed candle
The latest week is separated into price change, candle character, closing position and path quality.
Weekly move-2.70%
Latest close versus the preceding completed close.
Candle characterWeak close
Price declined and finished in the lower part of the completed weekly range.
Where the week closedLower part of the range
The close finished at 23% of the completed weekly range.
Path qualityUnstable
Frequent recent changes in direction reduce confidence in the current price path.
Current evaluation
What the weekly tape says now
The interpretation combines completed price structure, trend relationship, participation and path quality.
What supports it
Recent completed price swings are progressing higher on both sides of the range.
What would improve it
A sustained close above the nearest completed resistance, supported by firmer participation, would improve confirmation.
What could weaken it
A sustained loss of the nearest completed support would materially weaken the current price structure.
What to watch next
Trend relationship is above a rising trend; participation is strong negative participation, and path quality is unstable.
Statistical perspective
Where the latest close sits in its own completed history
These observations describe the available record. They are market context, not predictions of the next move.
Position in completed history27% of range
The latest close's location between the lowest and highest completed closes available for this market.
Distance from completed high-42.7%
How far the latest close sits below the highest completed close in the available history.
Recovery from completed low+38.7%
How far the latest close has advanced from the lowest completed close in the available history.
Latest move versus typical1.0× typical
The absolute latest weekly move compared with completed weekly moves available before it.
Completed event history
What changed, and when
Only selected completed events are shown. Each annotation is descriptive, not a standalone instruction.
Upside structure cleared
The weekly close moved above the preceding completed price structure.
11 weeks ago
Trend reclaimed
The weekly close moved back above the completed trend reference.
22 weeks ago
Support structure lost
The weekly close moved below the preceding completed price structure.
36 weeks ago
Trend lost
The weekly close moved below the completed trend reference.
46 weeks ago
Range
Sharemaestro Range
Where price is trading
The fitted range, accepted trading area and strongest price levels are calculated automatically from completed weekly market data.
Current stateInside accepted value
52-week position
65.9%
Low to high
Accepted price
28.49
Latest versus accepted: 5.91%
Fitted direction
Rising
0.23% per week
Range pressure
52/100
Balanced pressure
Range condition
Normal
0.93× normal range
Range pressureCurrent range pressure · 50 is balanced
Weekly closeFitted rangeActivity ribbonEstimated activity at priceAutomatic level
Automatic structure
Strongest price levels
Support27.97
From price
-7.3%
Evidence
91/100
Touches
4
Support28.79
From price
-4.6%
Evidence
99/100
Touches
7
Support29.56
From price
-2.1%
Evidence
52/100
Touches
1
Resistance30.57
From price
1.3%
Evidence
83/100
Touches
3
Resistance31.37
From price
3.9%
Evidence
62/100
Touches
2
Current reading
What the range shows
Current positionInside accepted value
Price is at 65.9% of its latest 52-week range.
Fitted directionRising
The fitted centre line is moving +0.23% per week.
Range pressureBalanced pressure
The current pressure reading is 52/100; 50 is balanced.
Next structural level30.57
Resistance is 1.3% from the latest close with 83/100 evidence strength.
Point & Figure
Price structure · volume at price
Point & Figure market structure
Each X marks a rising price box and each O marks a falling price box. Time is removed from the horizontal scale so reversals, breakouts and areas of heavy trading stand out.
MethodAdaptive scale
Smart Money
Completed-week positioning evidence
Smart Money
See whether the support beneath price is strengthening, weakening, confirming the trend or warning of increased risk.
Current Smart Money readSmart Money evidence is mixed
Some visible evidence is supportive, but the combined picture does not yet justify a strong conclusion.
Momentum 0.78 · Holding steady
Trend qualityConstructive
The current trend state has persisted for 16 completed weeks; visible confirmation is constructive.
Momentum pathStrong · Holding steady
The latest completed-week level and direction.
Latest positive signalNo recent positive signal
The chart is carrying context rather than a fresh positive event marker.
Risk and warningsNormal
Earlier warnings are outside the recent completed-week window.
Price, support and published events
Where confirmation strengthened or risk increased
Selected annotations highlight meaningful completed-week events; every existing chart series and marker remains visible.
Close Price
Trend Line
Demand Threshold Line
Reversal Risk Level
Current evaluation
What the Smart Money chart means now
The reading combines the finished chart state, its direction and the timing of published signals.
What supports it
The current trend relationship and completed-week context are broadly aligned.
What would improve it
Continued alignment without a new warning would reinforce the current constructive position.
What could weaken it
There is no fresh positive event marker, so the current reading depends on continued confirmation rather than a new signal.
Published signal history
What changed, and when
Event markers are observations, not standalone instructions to buy or sell.
Reversal danger
The chart registered its strongest reversal warning.
96 weeks ago
Reversal risk
The chart registered elevated reversal risk.
97 weeks ago
Reversal danger
The chart registered its strongest reversal warning.
141 weeks ago
Reversal risk
The chart registered elevated reversal risk.
143 weeks ago
Market Dynamics
Price and underlying support
Market Dynamics
See whether the support beneath price is strengthening, weakening, confirming the move or beginning to diverge from it.
Zero lineMarket Dynamics Rate of ChangePrice ActionVolume ActionFlip UpFlip Down
Price and support relationship · 12 completed weeks
Price weakness is confirmed by Market Dynamics
Price changed -5.9% and Market Dynamics changed -0.58 over the latest 4 completed weeks. Both readings currently point to weaker completed-week conditions.
Latest 4 weeks in focus
Price change from 2026-07-03Market DynamicsLatest 4 completed weeks
Zone-to-zone journey model
21% across the current zone span
The model estimates a 27% chance of confirming distribution within 52 completed weeks and a 43% chance of returning to the source zone first.
Current journey
Accumulation to distribution · Progressing
Activated
2026-04-17
Model data
Through 2026-08-21
What Market Dynamics shows
Yes. Market Dynamics follows the completed-week transition between the two sides of a market cycle. Accumulation is the lower zone where selling pressure may be absorbed and support may be forming; distribution is the upper zone where earlier demand may be tiring and supply can begin to take control. The model measures both accumulation to distribution and the reverse journey, and waits for a deeper close or repeated closes before treating a new zone as confirmed. MMI is 21% across its current move from accumulation toward distribution. The journey remains open because neither the target nor a return to the source has been confirmed. For an investor, the value is in separating an apparent price move from a completed change in market character: target confirmation can strengthen the case that a new phase is taking hold, while a confirmed source return warns that the attempted change did not persist and the risk/reward should be reassessed. The completed journeys below show how 2 transitions in this ticker's stored history reached and confirmed the opposite zone.
Current zone-span position 21%
Accumulation to Distribution · 22 completed weeks since exit
Complete within 26 weeks 9%
Confirm the current distribution zone first
Complete within 52 weeks 27%
Confirm the target zone using completed weeks
Invalidate within 52 weeks 43%
Confirm a return to the source zone first
Question 1 · Where has price travelled?
Current journey through the zone span
Zero is the confirmed starting zone; 100% is the opposite target zone.
Observed zone-span positionStarting-zone sideTarget-zone side
Question 2 · What does the model estimate?
Current 52-week outcome probability
These are competing model outcomes for the active journey, not next-week forecasts.
Confirm target within 52 weeksReturn to source within 52 weeks
12 weeks2%
26 weeks9%
52 weeks27%
Accumulation zone
27.66 / deep 25.64
Current close
30.18
Distribution zone
39.80 / deep 41.83
Source-zone dwell
18 completed weeks
Market Dynamics -0.02Latest causal completed-week reading12-week change -1.28Change in underlying supportTrend position 3%Close relative to the Trend LineVolume ratio 0.77×Recent activity versus its baseline
What actually happened before?
Successful zone transitions
Target-confirmed opposite-zone transitions from the latest 156 charted weeks.
Most recent successful journeyDistribution to Accumulation · Confirmed accumulation
2024-12-13–2025-12-19 · 54 completed weeks · price move -30.7%. Across this chart, 2 journeys confirmed an opposite zone: 1 reached distribution and 1 reached accumulation.
0% · confirmed source exit100% · confirmed opposite zone
Distribution to AccumulationConfirmed accumulation
2024-12-13–2025-12-19 · journey 54w · source dwell 3w
Source exit50%Target confirmed
Furthest point
100%
Price move
-30.7%
Time to confirm
54w
Reached and confirmed accumulation after 54 completed weeks. Price moved -30.7% from the confirmed source-zone exit.
Accumulation to DistributionConfirmed distribution
2023-11-03–2023-12-29 · journey 9w · source dwell 2w
Source exit50%Target confirmed
Furthest point
100%
Price move
+38.5%
Time to confirm
9w
Reached and confirmed distribution after 9 completed weeks. Price moved +38.5% from the confirmed source-zone exit.
Earnings and Price Index
Earnings and Price Index
A three-year index of the relationship between earnings power and market price.
Current stateConfirmed compounding
Earnings power and market price are broadly aligned; their relationship is currently closing.
Spread
Closing
Persistence
1 quarter
Confirmation
Broad support
Repricing pressure
Low — balanced
Market move7.6%
Three-year change
Earnings move5.7%
Three-year change
Repricing spread-1.9 pts
closing
Current valuation81.6×
Price relative to earnings power
Earnings power and market price are broadly aligned; their relationship is currently closing.
Market price
Earnings power
Repricing spread
Earnings update
Business quality supportive
Cash generation and operating evidence are broadly supportive.
Supporting evidence
Attribution, business confirmation and horizon robustness
The components behind the repricing relationship and the independent evidence that supports or challenges it.
What drove the move?
Earnings and relative valuation contributions
Shows how the earnings move and relative valuation combine into the total market move.
What supports the earnings picture?
Business confirmation
5 of 6 available business-quality checks are supportive.
EarningsRevenue
Cash conversionWhether reported profit is supported by free cash generation.Supportive
Revenue directionWhether top-line progress supports the earnings direction.Supportive
Free-cash-flow directionWhether free cash flow is improving with earnings.Supportive
Accrual pressureLower accrual pressure is a cleaner confirmation of earnings.Mixed
A completed close above 13-week VWAP with pressure holding above 60 would strengthen buyer control.
Decision area29.36
26-week VWAP at 29.36, 2.7% below the latest close.
Weakening level29.36
A completed close below 26-week VWAP with acceptance moving under 50% would weaken the present structure.
Current VWAP stack
Volume-weighted price levels
26-week VWAP29.36
-2.72% from close
13-week VWAP31.08
+2.99% from close
Swing high31.11
+3.07% from close
Latest earnings VWAP31.21
+3.42% from close
52-week VWAP28.12
-6.83% from close
Year VWAP27.99
-7.25% from close
High-activity anchor27.95
-7.40% from close
Estimated activity position
Activity above and below price
Below price 82%Above price 19%
27%near price
Most recent weighted activity is below price, leaving a larger estimated cushion beneath the market.
Estimated from completed weekly typical prices and reported activity; it is not holder-level cost-basis data.
Benchmark, sector and industry
VWAP control comparison
Sector and industry comparisons require at least ten constituents with aligned completed history.
Benchmark · SPYWeaker control than reference
Weaker control than reference; control-score gap -10.9 points.
Buyers firmly in control · 81/100
Sector · Real EstateStronger control than reference
Stronger control than reference; control-score gap +43.0 points.
Seller control developing · 28/100
Industry · Real Estate ServicesStronger control than reference
Stronger control than reference; control-score gap +54.7 points.
Sellers firmly in control · 16/100
Historical VWAP outcomes
Reclaims, losses and similar states
Descriptive outcomes from this ticker's visible history—not a forecast.
Weekly reclaim40% favourable
Events
5
Median 4w
-1.80%
Median 13w
-8.30%
Typical best
+2.13%
Typical worst
-14.70%
Completed occasions when price moved back above the core VWAP.
Weekly loss100% favourable
Events
4
Median 4w
-0.60%
Median 13w
-8.06%
Typical best
+3.10%
Typical worst
-10.55%
Completed occasions when price moved below the core VWAP.
Comparable control states23 matched weeks
Positive after 4w
74%
Median 4w
+1.77%
Positive after 13w
70%
Median 13w
+2.93%
Best / worst 13w
+14.2% / -23.9%
Outcomes after completed weeks with a similar control score and the same side of the core VWAP.
VWAP control history
Completed changes
VWAP structure turned higher
The fast VWAP crossed above the core VWAP.
Core VWAP test held
Price traded through the core VWAP but recovered above it by the completed close.
Buyer pressure established
The completed control reading moved into positive territory.
Core VWAP reclaimed
Price completed the week back above the core VWAP.
VWAP reclaim rejected
Price tested above the core VWAP but completed the week back below it.
VWAP structure turned lower
The fast VWAP crossed below the core VWAP.
VWAP reclaim rejected
Price tested above the core VWAP but completed the week back below it.
VWAP reclaim rejected
Price tested above the core VWAP but completed the week back below it.
Next-State Map
Next-State Map
Historical one-week transition paths from similar completed-week states.
SMI
Proprietary completed-week evidence
SMI
See whether the underlying conditions beneath price are strengthening, weakening or holding firm.
Current SMI readUnderlying support is strong and still improving
Price strength is accompanied by a supportive SMI state. The latest reading is based on completed weekly evidence.
0.94 · Strong
Current stateStrong · 0.94
Latest completed-week SMI reading
DirectionImproving
How the completed SMI path is changing
PersistenceDeveloping
7 completed weeks in the current state
Price relationshipConfirming price strength
Price strength is accompanied by a supportive SMI state.
Price and SMI transitions
Where underlying support changed
Annotations identify selected completed SMI state changes.
Weekly CloseTrend LineFair ValueActivity Lines
SMI pathDirection, persistence and turning points
SMI 0.94 · Strong
ImprovingHolding steadyWeakening
SMI in context
Comparable SMI states have carried a cautious historical bias
Across 45 comparable completed observations, 40.0% closed higher after 13 weeks. The median move was -3.8%.
Comparable observations
45
Completed historical readings
Positive outcomes
40.0%
After 13 completed weeks
Median move
-3.8%
Over the following 13 weeks
Versus normal baseline
-10.0 pts
Difference in positive outcome rate
Chart Summary
Key Points
Week Ending
18 Sep 2026
Latest Close
30.18
12-Week Change
-5.27%
Trend Signal
Active
Next-Week Expectancy
Undecided 47.58%
Signal Weeks
12 of 12
Vs Trend Line
Above
Vs Fair Value
Below
Relative Strength
-2.52
Market Dynamics
-0.02
Over the latest 12 completed weeks ending 2026-09-18, MMI fell 5.27%, moving from 31.86 to 30.18. The latest weekly close is above the Trend Line and below Fair Value. Trend Signal is active on the latest week and was active in 12 of the last 12 weeks. Relative Strength is -2.52 and has softened across the 12-week window. Market Dynamics is -0.02 on the latest week. Next-week expectancy is undecided at 47.58% based on similar historical setup states.
Search by ticker symbol or company name and select a result to open its chart.
Markets includedUnited States
Start typing to find a stock or ETF.
Market search
Choose countries
Choose one or more countries for market search, or include every covered market.
Currently searching United States
Sharemaestro
Send a message
Ask a question, report a correction, or send a publisher/support note.
Cookie preferences
Essential cookies keep Sharemaestro secure and working. Choose whether we may use optional persistent analytics and advertising technologies. Limited cookieless server measurement continues for aggregate traffic and security.
