ELME Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Elme Communities (ELME) Moving Averages Convergence Divergence (MACD) indicator is -0.141, suggesting ELME is Strong Sell.

Elme Communities (ELME) 20-Day simple moving average is 1.815, while Elme Communities (ELME) share price is $1.56, making it Sell.

Elme Communities (ELME) 60-Day simple moving average is 1.994, while Elme Communities (ELME) share price is $1.56, making it Sell.

Technical Analysis for ELME

Technical Sentiment Analysis for Elme Communities (ELME) As of 2026-07-07, Elme Communities (ELME) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 1 indicators are flashing buy, while 8 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ELME stands at 32.457, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.141, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 38.572 and the Commodity Channel Index (CCI) at -65.342 further confirm a -0.45 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ELME is trading below its 60-day moving average of $1.994 and below its 200-day long-term moving average of $7.846. Key price levels to watch include the immediate resistance at $2.009 and strong support at $1.229. A break above $2.009 could signal a bull continuation, while falling below $1.229 may test the next Fibonacci floor at $0.855.

Elme Communities (ELME) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.449	0.855	1.229	1.635	2.009	2.415	2.789
Fibonacci	0.855	1.153	1.337	1.635	1.933	2.117	2.415

Elme Communities (ELME) Technical Indicators

2026-07-07

Name	Value
RSI_14	32.457
STOCHk_14_3_3	38.572
STOCHd_14_3_3	36.885
CCI_20	-65.342
AO_5_34	-0.362
MOM_10	-0.45
MACD_12_26_9	-0.141

Elme Communities (ELME) Relative Strength Index (RSI) is 32.457, creating a Neutral signal.

Elme Communities (ELME) Stochastic Oscillator is 38.572, creating a Neutral signal.

Elme Communities (ELME) Stochastic RSI is 36.885, creating a Neutral signal.

Elme Communities (ELME) Commodity Channel Index (CCI) is -65.342, creating a Neutral signal.

Elme Communities (ELME) Awesome Oscillator is -0.362, creating a Sell signal.

Elme Communities (ELME) Momentum is -0.45, creating a Sell signal.

Elme Communities (ELME) MACD is -0.141, creating a Sell signal.

Elme Communities (ELME) Moving Average

2026-07-07

Period	Simple	Signal
MA_5	1.544	Buy
MA_10	1.604	Sell
MA_20	1.815	Sell
MA_60	1.994	Sell
MA_200	7.846	Sell
MA_250	9.584	Sell

Elme Communities (ELME) 5-Day simple moving average is 1.544, while Elme Communities (ELME) share price is $1.56, making it a Buy.

Elme Communities (ELME) 10-Day simple moving average is 1.604, while Elme Communities (ELME) share price is $1.56, making it a Sell.

Elme Communities (ELME) 20-Day simple moving average is 1.815, while Elme Communities (ELME) share price is $1.56, making it a Sell.

Elme Communities (ELME) 60-Day simple moving average is 1.994, while Elme Communities (ELME) share price is $1.56, making it a Sell.

Elme Communities (ELME) 200-Day simple moving average is 7.846, while Elme Communities (ELME) share price is $1.56, making it a Sell.

Elme Communities (ELME) 250-Day simple moving average is 9.584, while Elme Communities (ELME) share price is $1.56, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for ELME?

The overall technical consensus for Elme Communities (ELME) is currently Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 0 buy signals and 3 sell signals.

What are the key support and resistance levels for Elme Communities (ELME) today?

Based on pivot point calculations, Elme Communities (ELME) has an immediate support level at 1.229 and a major resistance level at 2.009. Traders also monitor the pivot point at 1.635 to determine the intraday trend direction.

Is Elme Communities (ELME) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Elme Communities (ELME) is currently 32.457. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Elme Communities (ELME)?

Elme Communities (ELME) Moving Averages Convergence Divergence (MACD) indicator is -0.141, suggesting ELME is Strong Sell. This indicator helps identify potential trend reversals or momentum shifts for Elme Communities.

How is Elme Communities (ELME) performing relative to its 200-day moving average?

Elme Communities (ELME) is currently trading at $1.56, which is below its 200-day simple moving average of 7.846. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

Name

Pivot Points

Classic

0.449

0.855

1.229

1.635

2.009

2.415

2.789

Fibonacci

0.855

1.153

1.337

1.635

1.933

2.117

2.415

Name

Value

RSI_14

32.457

STOCHk_14_3_3

38.572

STOCHd_14_3_3

36.885

CCI_20

-65.342

AO_5_34

-0.362

MOM_10

-0.45

MACD_12_26_9

-0.141

Period

Simple

Signal

MA_5

1.544

Buy

MA_10

1.604

Sell

MA_20

1.815

Sell

MA_60

1.994

Sell

MA_200

7.846

Sell

MA_250

9.584

Sell

Frequently Asked Questions