Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ELME stands at 10.291, which suggests a Buy condition. Meanwhile, the MACD (12, 26) indicator is at -1.049, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 17.249 and the Commodity Channel Index (CCI) at -148.433 further confirm a -0.02 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ELME is trading below its 60-day moving average of $8.652 and below its 200-day long-term moving average of $14.143. Key price levels to watch include the immediate resistance at $2.238 and strong support at $2.118. A break above $2.238 could signal a bull continuation, while falling below $2.118 may test the next Fibonacci floor at $2.064.

Elme Communities (ELME) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.998	2.064	2.118	2.184	2.238	2.304	2.358
Fibonacci	2.064	2.11	2.138	2.184	2.23	2.258	2.304

Elme Communities (ELME) Technical Indicators

2026-02-27

Name	Value
RSI_14	10.291
STOCHk_14_3_3	17.249
STOCHd_14_3_3	13.831
CCI_20	-148.433
AO_5_34	-0.272
MOM_10	-0.02
MACD_12_26_9	-1.049

Elme Communities (ELME) Relative Strength Index (RSI) is 10.291, creating a Buy signal.

Elme Communities (ELME) Stochastic Oscillator is 17.249, creating a Buy signal.

Elme Communities (ELME) Stochastic RSI is 13.831, creating a Buy signal.

Elme Communities (ELME) Commodity Channel Index (CCI) is -148.433, creating a Buy signal.

Elme Communities (ELME) Awesome Oscillator is -0.272, creating a Sell signal.

Elme Communities (ELME) Momentum is -0.02, creating a Sell signal.

Elme Communities (ELME) MACD is -1.049, creating a Sell signal.

Elme Communities (ELME) Moving Average

2026-02-27

Period	Simple	Signal
MA_5	2.162	Buy
MA_10	2.172	Buy
MA_20	2.189	Sell
MA_60	8.652	Sell
MA_200	14.143	Sell
MA_250	14.57	Sell

Elme Communities (ELME) 5-Day simple moving average is 2.162, while Elme Communities (ELME) share price is $2.18, making it a Buy.

Elme Communities (ELME) 10-Day simple moving average is 2.172, while Elme Communities (ELME) share price is $2.18, making it a Buy.

Elme Communities (ELME) 20-Day simple moving average is 2.189, while Elme Communities (ELME) share price is $2.18, making it a Sell.

Elme Communities (ELME) 60-Day simple moving average is 8.652, while Elme Communities (ELME) share price is $2.18, making it a Sell.

Elme Communities (ELME) 200-Day simple moving average is 14.143, while Elme Communities (ELME) share price is $2.18, making it a Sell.

Elme Communities (ELME) 250-Day simple moving average is 14.57, while Elme Communities (ELME) share price is $2.18, 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 Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 5 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 2.118 and a major resistance level at 2.238. Traders also monitor the pivot point at 2.184 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 10.291. This indicates that the stock is in oversold 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 -1.049, suggesting ELME is 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 $2.18, which is below its 200-day simple moving average of 14.143. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

ELME Technical

ELME Technical

Technical Sentiment

Overall Consensus

Technical Analysis Consensus

Moving Average Consensus

Technical Analysis for ELME