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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Elme Communities (NYSE:ELME)

Strong Downtrend (-100) - ELME is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ELME continues to fall. 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.

NYSE_ELME
Open High Low ELME Price Change
15.95 15.95 15.71 15.79 -0.16
Entry Signal

MarketClub’s Trade Triangles for ELME

long term down The long-term trend has been DOWN since Nov 15th, 2024 at 16.35

intermediate term down The intermediate-term trend has been DOWN since Nov 15th, 2024 at 16.36

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 17.12

Smart Scan Analysis for ELME

Based on our trend formula, ELME is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ELME
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.95 15.95 15.71 15.79 -0.16
Prev. Close Volume Bid Ask Time
15.82 531568 2024-11-19 15:59:35
52wk High18.4952wk High Date2024-09-18
52wk Low12.7452wk Low Date2024-03-01
Average Volume560,240Shares Outstanding87,402
Assets185,315,900MLiabilities754,469,000M
P/E Ratio161.5
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