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Elme Communities

ELME Technical Analysis Summary (NYSE)

Analyze ELME on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ELME●NYSE
Real EstateREIT - Residential
$1.66
$0.04(2.47%)
U.S. Market opens in 59h 1m

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 (NYSE)

Elme Communities (NYSE: ELME) stock currently shows a bullish trend on the NYSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 60.04)
Trend Strength:Moderate (ADX: 20.20)
Volatility:Medium (ATR: 0.04)
Support/Resistance:$1.59 – $1.65 (Bollinger Bands)

Technical conditions suggest Elme Communities on the NYSE is awaiting a decisive move. Overall, Elme Communities remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 60.04

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 40.08

Neutral
Mid-range signal with no clear trend.

Williams %R: -25.00

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 1.83

Bullish
Steady upward momentum.

Takeaway:Elme Communities shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 20.20

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.04

Low
Low volatility, stable price action.

CCI (14): 354.67

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.65
Middle Band (SMA 20)
$1.62
Lower Band
$1.59
Current Position
Above Upper Band

Takeaway:Elme Communities trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$1.69
Middle Line (EMA 20)
$1.62
Lower Channel
$1.54
Squeeze Status
Squeeze On

Takeaway:Elme Communities trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-12.91M
Money Flow Index51.57Neutral, balanced money flows with no clear signal.
Relative Vigor Index41.90Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ELME shows mixed signals in money flow analysis.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

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

(NYSE: ELME) Technical Analysis FAQ