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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
$0.05
$0.00(0.00%)
U.S. Market is Open · 13:31

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 bearish trend on the NYSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 4.16)
Trend Strength:Very Strong (ADX: 62.72)
Volatility:High (ATR: 0.12)
Support/Resistance:$0.28 – $2.72 (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): 4.16

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 0.95

Bullish
Oversold zone signals rebound potential.

Williams %R: -98.86

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -97.14

Strongly Bearish
Sharp downside momentum.

Takeaway:Elme Communities shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -0.31

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 62.72

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.12

Low
Low volatility, stable price action.

CCI (14): -155.43

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
$2.72
Middle Band (SMA 20)
$1.50
Lower Band
$0.28
Current Position
Below Lower Band

Takeaway:Elme Communities trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$1.55
Middle Line (EMA 20)
$1.31
Lower Channel
$1.06
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-19.22M
Money Flow Index87.35Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index33.62Bearish, price momentum favors sellers.

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

ADX above 20 → strong underlying trend.

Bearish Signals

MACD below signal line → short-term caution on momentum.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Elme Communities shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(NYSE: ELME) Technical Analysis FAQ