NMI Holdings Inc

Stage 3 · Topping · week 3

As of Oct 22, 2026, NMI Holdings is in Stage 3, the topping phase, now in week 3 (since Oct 8, 2026). It closed at $41.49, 9.2% below its 52-week high and above its 200-day average, which is falling.

NMI Holdings, Inc., together with its subsidiaries, provides private mortgage guaranty insurance services in the United States. More about the company

$41.49

+1.77% today

$3.1B · Mid cap

Market Neutral — Building

Pro read

Pro

Our read

Topping: the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

—

Is NMIH early, or has it already run? Pro answers that for every US stock we cover, after every close.

Get Pro · $19 a month

Renews monthly until you cancel. Cancel any time in Plan & billing.

Loading price chart…

Stage Cycle Timeline2023-08-16 → 2026-10-22

S2 47w

S3 14w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S2 9w → S3 9w → S2 47w → S3 14w → S4 12w → S1 5w → S2 10w → S3 10w → S4 5w → S1 1w → S2 10w → S3 1w → S4 2w → S3 4w → S4 10w → S1 1w → S2 12w → S3 2w current

Total tracked: 165 weeks across 18 stage runs.

NMIH among Insurance - Specialty4th of 15 by relative strength

All 15 →

Stocks in Insurance - Specialty ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	ACTEnact Holdings, Inc.	Stage 3 · wk 1	78	−1.7%
2	EIGEmployers Holdings Inc	Stage 3 · wk 4	76	+10.3%
3	AXSAxis Capital Holdings Limited	Stage 4 · wk 4	66	+9.9%
4	NMIHNMI Holdings Inc	Stage 3 · wk 3	65	−1.7%
5	ITICInvestors Title Company	Stage 2 · wk 16	64	−1.0%
6	ESNTEssent Group Ltd.	Stage 3 · wk 2	63	+0.4%
7	FAFFirst American Corporation (New)	Stage 3 · wk 3	62	−3.5%
8	RDNRadian Group Inc.	Stage 3 · wk 5	59	+0.5%

vs 52W High

-9.2%

$35.42 lo$45.71 hi

9.2% below 52W high, weakening from peak

The stock is rolling over from its 52-week high. In Stage 3 distribution, new long positions carry high risk.

Stage Maturity

Week 3

1w13w26w

Week 3, early distribution

How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.

vs 200 DMA

3.4%

200 DMA: $40.13 · sloping down

Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.

Rel Volume

2.93x

vs 50-day avg

Volume spikes on down days during Stage 3 signal distribution, with institutions exiting. Stage analysis reads that as a warning against new long positions.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

-1.7%

-2.9%

+0.8%

YTD

+2.2%

+13.5%

Scan Membership

Breakout Watch

Latest: 2025-06-25

14 appearances in last 60 days. First seen: 2018-10-16.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S3

Wk 3 · Vol 2.93x

2026-10-21S3

Wk 2 · Vol 0.76x

2026-10-20S3

Wk 2 · Vol 2.26x

2026-10-19S3

Wk 2 · Vol 0.72x

2026-10-16S3

Wk 2 · Vol 0.83x

2026-10-15S3

Wk 2 · Vol 1.99x

2026-10-14S3

Wk 1 · Vol 1.15x

2026-10-13S3

Wk 1 · Vol 1.17x

2026-10-12S3

Wk 1 · Vol 1.21x

2026-10-09S3

Wk 1 · Vol 0.74x

2026-10-08S32→3

Wk 1 · Vol 1.19x

2026-10-07S2

Wk 12 · Vol 0.87x

Moving averages & range

50 DMA

$42.61

200 DMA

$40.13

52W High

$45.71

52W Low

$35.42

5D Low

$40.71

Resistance levels (recent highs)

20d High

$41.64

60d High

$45.71

120d High

$45.71

250d High

$45.71

Next resistance

+0.4%

to 20d High

P/E (TTM)

8.2

Forward 7.6

Earnings Growth (YoY)

+14.1%

Revenue +8.1%

ROE

+15.4%

Profit margin +54.1%

Dividend Yield

0.00%

P/B 1.2

NMI Holdings: quick answers

What stage is NMI Holdings in?

As of Oct 22, 2026, NMI Holdings (NMIH) is in Stage 3, the topping phase. It entered Stage 3 on Oct 8, 2026 and is in week 3. What the four stages mean

Is NMI Holdings in an uptrend?

Its uptrend has stalled. NMI Holdings is in Stage 3, the topping phase that follows an advance. It trades 3.4% above its 200-day average, which is falling.

How far is NMI Holdings from its 52-week high?

NMI Holdings closed at $41.49 on Oct 22, 2026, 9.2% below its 52-week high of $45.71. Its 52-week low is $35.42.

How has NMI Holdings performed over the past year?

As of Oct 22, 2026, NMI Holdings is up 13.5% over the past year and up 2.2% so far in 2026.

Which sector and industry is NMI Holdings in?

NMI Holdings is in the Insurance - Specialty industry, part of the Financials sector.

About this companyFinancials· Insurance - Specialty

NMI Holdings, Inc., together with its subsidiaries, provides private mortgage guaranty insurance services in the United States. It provides primary mortgage insurance services; and outsourced loan review services to mortgage loan originators. The company serves national and regional mortgage banks, money center banks, credit unions, community banks, builder-owned mortgage lenders, internet-sourced lenders, and other non-bank lenders. NMI Holdings, Inc. was incorporated in 2011 and is headquartered in Emeryville, California.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.