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Elme Communities

ELME•NYSE
Real Estate
REIT - Office
$2.09
$0.03(1.46%)
U.S. Market opens in 11h 42m

Elme Communities (ELME) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Elme Communities (NYSE:ELME).

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 shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 15.51)
Trend Strength:Very Strong (ADX: 81.74)
Volatility:Medium (ATR: 0.10)
Support/Resistance:$2.08 – $2.22 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 15.51

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 12.50

Bullish
Oversold zone signals rebound potential.

Williams %R: -68.75

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -2.33

Bearish
Selling pressure outweighs buying.

Takeaway:Elme Communities shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.49

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 81.74

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.10

Low
Low volatility, stable price action.

CCI (14): -131.90

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Elme Communities shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.22
Middle Band (SMA 20)
$2.15
Lower Band
$2.08
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$2.50
Middle Line (EMA 20)
$2.31
Lower Channel
$2.12
Squeeze Status
Squeeze On

Takeaway:Elme Communities trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-57.82M
Money Flow Index32.38Bearish, selling pressure outweighs inflows.
Relative Vigor Index42.16Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ELME shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Elme Communities shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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