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ELME COMMUNITIES (ELME) Stock Technical Analysis

USA - NYSE:ELME - US9396531017 - REIT

16.5 USD
+0.05 (+0.3%)
Last: 10/31/2025, 10:41:38 AM
Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to ELME. ELME has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

ELME is one of the better performing stocks in the Residential REITs industry, it outperforms 100% of 20 stocks in the same industry.
ELME has an average volume of 1009360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, ELME turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
ELME is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELME is lagging the market.
In the last month ELME has a been trading in a tight range between 16.40 and 16.99.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ELME COMMUNITIES / ELME Weekly stock chart
ELME COMMUNITIES / ELME Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, ELME does present a nice setup opportunity. Prices have been consolidating lately.

Support and Resistance Analysis

14.54

17.84

3 important support areas can be observed.

  • A support zone ranging from 15.41 to 15.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @15.07 from a horizontal line in the weekly time frame.
  • Support @14.69 from a horizontal line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 16.63 to 17.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @17.66 from a horizontal line in the weekly time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for ELME is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ELME is down.
ChartMill Relative Strength51.8NEUTRALELME is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ELME is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ELME is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ELME is above the rising SMA(200).
Relative Strength Index/RSI (14)37.65NEUTRALThe RSI value for ELME is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.04NEGATIVEThe MACD value suggests ELME has a negative trend.
Stochastics (14,3)7.23OVERSOLDThe low Stochastics value suggests ELME may be oversold.
Average True Range in percent/ATR (20)0.92LOW VOLATILITYThe low ATR as a percentage value for ELME suggests low volalility.
Average Directional Index/ADX (14)16.13NEGATIVEThe low ADX value for ELME suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
ELME COMMUNITIES / ELME Daily stock chart

ELME COMMUNITIES

NYSE:ELME (10/31/2025, 10:41:38 AM)

16.5

+0.05 (+0.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg0.3%
1 Week-2.72%
2 Weeks-1.73%
1 Month-2.2%
3 Month8.87%
6 Month1.61%
12 Month-0.18%
2 Year28.92%
3 Year-13.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.92%
ATR Inc6.73%
Range Today0.17
ADR(20)0.15
ADR(20)%0.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.8
3 months CRS68.52
6 months CRS32.17
Mansfield-1
10 Day High16.99
10 Day Low16.4
20 Day High16.99
20 Day Low16.4
52 Week High18.08
52 Week Low13.95
CS1 End15.59
CR1 Start16.63
Volume & EV
DER(3)-1.91%
DER(5)-2.25%
Volume141.69K
Volume Incr74.47%
Vol(5)1.62M
Vol(50)1.01M

ELME COMMUNITIES / ELME FAQ

Can you provide the ChartMill technical rating for ELME COMMUNITIES?

ChartMill assigns a technical rating of 1 / 10 to ELME.


What is the current trend direction of ELME COMMUNITIES (ELME) stock?

The current trend direction for ELME COMMUNITIES (ELME) is Bearish.


What is the RSI signal for ELME stock?

ELME COMMUNITIES (ELME) has an RSI value of 37.6457. This indicates that the stock is currently neutral.


Can you provide the MACD signal for ELME COMMUNITIES?

The MACD indicator for ELME COMMUNITIES (ELME) has a value of -0.0357331, indicating a bearish trend.


What are the support and resistance levels for ELME COMMUNITIES (ELME) stock?

ELME COMMUNITIES (ELME) has a support level at 15.59 and a resistance level at 16.63. Check the full technical report for our detailed analysis of ELME support and resistance levels.