Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Elme Communities (NYSE:ELME)
Long-Term Uptrend (+90) - ELME is in a strong uptrend that is likely to continue. While ELME is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ELME?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELME.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for ELME
The long-term trend has been UP since Apr 9th, 2024 at 15.020
The intermediate-term trend has been UP since Mar 21st, 2024 at 13.675
The short-term trend has been UP since May 1st, 2024 at 15.270
Smart Scan Analysis for ELME
Based on our trend formula, ELME is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.42 | 15.50 | 15.17 | 15.26 | -0.23 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.25 | 261156 | 2024-05-08 15:59:40 |
| 52wk High | 17.19 | 52wk High Date | 2023-07-12 |
| 52wk Low | 12.44 | 52wk Low Date | 2023-11-01 |
| Average Volume | 794,440 | Shares Outstanding | 87,402 |
| Assets | 187,653,900M | Liabilities | 740,423,000M |
| P/E Ratio | 161.5 |