Re/Max Holdings Inc

Following a decisive momentum breakout above multi-month resistance on expanding volume, the medium-term structure supports a bullish stance, yet price is currently extended and extreme overbought. Execution should be deferred, awaiting a pullback into rising EMAs near the breakout zone. Long-term trend remains bearish, requiring caution.

• ↑International agent growth +9% YoY to 147.5 k, boosting global fee revenue
• ↑Q4 ’25 revenue $71.1 M and adj. EBITDA $22.4 M, margin at 31.5%
• ↓U.S. agent counts down 5.6% YoY, driving negative organic growth