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Stock Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Elme Communities (NYSE:ELME)
Long-Term Downtrend (-90) - ELME is in a strong downtrend that is likely to continue. While ELME is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for ELME
The long-term trend has been DOWN since Dec 16th, 2022 at 17.625
The intermediate-term trend has been DOWN since Jul 25th, 2023 at 16.150
The short-term trend has been DOWN since Sep 21st, 2023 at 14.580
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 |
|---|---|---|---|---|
| 13.70 | 13.77 | 13.46 | 13.64 | +0.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.64 | 446555 | 2023-09-29 15:59:53 |
| 52wk High | 20.24 | 52wk High Date | 2022-12-01 |
| 52wk Low | 13.43 | 52wk Low Date | 2023-09-27 |
| Average Volume | 628,897 | Shares Outstanding | 87,402 |
| Assets | 183,849,900M | Liabilities | 607,865,000M |
| P/E Ratio | 161.5 |