The Chart of the Day belongs to Marcus & Millchap (NYSE:MMI). I found the Specialty Real Estate Brokerage stock by using Barchart to sort today's All Time High list for the stocks with the highest Weighted Alpha, then looked for the stocks with at least 80% technical buy signals. I then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 7/20 the stock gained 7.40%.
Marcus & Millichap, Inc. operates a brokerage firm specializing in real estate investments. It offers commercial real estate investment brokerage services for multifamily, retail, office, industrial, land, self-storage, seniors housing, manufactured housing, and mixed-use/other property types. The company also provides a range of advisory and consulting services to developers, lenders, owners, real estate investment trusts, high net worth individuals, pension fund advisors, and other institutions. Marcus & Millichap, Inc. is based in Calabasas, California.
The status of Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com web site when you read this report.
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