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Elme Communities

Elme Communities (ELME) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Elme Communities.

ELME●NYSE
Real EstateREIT - Office
$2.01
$0.00(0.00%)
U.S. Market opens in 35h 7m
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Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ELME Technical Analysis Summary

Elme Communities stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.72)
Trend Strength:Weak (ADX: 11.24)
Volatility:Low (ATR: 0.03)
Support/Resistance:$2.00 – $2.06 (Bollinger Bands)

Technical conditions suggest Elme Communities is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 40.72

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 9.52

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -1.95

Bearish
Selling pressure outweighs buying.

Takeaway:Elme Communities shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 11.24

Weak
Weak trend, market trading sideways.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): -178.82

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Elme Communities shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.06
Middle Band (SMA 20)
$2.03
Lower Band
$2.00
Current Position
Within Bands

Takeaway:Elme Communities trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2.10
Middle Line (EMA 20)
$2.03
Lower Channel
$1.97
Squeeze Status
Squeeze On

Takeaway:Elme Communities trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume3.08M
Money Flow Index19.09Bullish, oversold conditions signal rebound potential.
Relative Vigor Index19.49Bearish, price momentum favors sellers.

Overall Takeaway:ELME shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Elme Communities, here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Elme Communities are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ