Technical Analysis for ELME - Elme Communities
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| B | 16.19 | 1.63% | 0.26 |
ELME closed up 1.63 percent on Wednesday, May 15, 2024, on 89 percent of normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 30
*** please verify all earnings dates ***| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Shooting Star Candlestick | Bearish | 0.00% | |
| Doji - Bearish? | Reversal | 0.00% | |
| Upper Bollinger Band Walk | Strength | 0.00% | |
| Above Upper BB | Strength | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Up 3 Days in a Row | Strength | 0.00% | |
| Doji - Bearish? | Reversal | 1.63% | |
| Upper Bollinger Band Walk | Strength | 1.63% | |
| Above Upper BB | Strength | 1.63% |
| Alert | Time |
|---|---|
| Rose Above Previous Day's High | about 24 hours ago |
| Up 2% | about 24 hours ago |
| Up 1% | about 24 hours ago |
| Up 1 ATR | about 24 hours ago |
| Rose Above Previous Day's High | 2 days ago |
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Basic chart:
- Earnings date: 05/30/2024
Elme Communities owns and operates uniquely positioned real estate assets in the Washington Metro area. Backed by decades of experience, expertise and ambition, we create value by transforming insights into strategy and strategy into action. As of October 29, 2020, the Company's portfolio of 45 properties includes approximately 3.7 million square feet of commercial space and 6,863 multifamily apartment units. These 45 properties consist of 22 multifamily properties,15 office properties, and 8 retail centers. Our shares trade on the NYSE. With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation's most competitive real estate markets.
Sector: Real Estate
Industry: REIT - Office
Keywords: Real Estate Market Retail Centers
Classification
Sector: Real Estate
Industry: REIT - Office
Keywords: Real Estate Market Retail Centers
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 16.5474 |
| 52 Week Low | 12.122 |
| Average Volume | 722,792 |
| 200-Day Moving Average | 13.99 |
| 50-Day Moving Average | 14.41 |
| 20-Day Moving Average | 15.30 |
| 10-Day Moving Average | 15.58 |
| Average True Range | 0.36 |
| RSI (14) | 73.47 |
| ADX | 28.56 |
| +DI | 30.45 |
| -DI | 11.33 |
| Chandelier Exit (Long, 3 ATRs) | 15.25 |
| Chandelier Exit (Short, 3 ATRs) | 15.43 |
| Upper Bollinger Bands | 16.04 |
| Lower Bollinger Band | 14.55 |
| Percent B (%b) | 1.1 |
| BandWidth | 9.78 |
| MACD Line | 0.41 |
| MACD Signal Line | 0.36 |
| MACD Histogram | 0.0471 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 16.48 | ||||
| Resistance 3 (R3) | 16.49 | 16.41 | 16.43 | ||
| Resistance 2 (R2) | 16.41 | 16.34 | 16.40 | 16.41 | |
| Resistance 1 (R1) | 16.30 | 16.29 | 16.36 | 16.29 | 16.40 |
| Pivot Point | 16.22 | 16.22 | 16.25 | 16.21 | 16.22 |
| Support 1 (S1) | 16.11 | 16.15 | 16.17 | 16.10 | 15.98 |
| Support 2 (S2) | 16.03 | 16.10 | 16.02 | 15.97 | |
| Support 3 (S3) | 15.92 | 16.03 | 15.95 | ||
| Support 4 (S4) | 15.91 |
