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Directional Movement Crossover Bullish appears for ELME after 0.3% move

Elme Communities (ELME) — Nightly Technical Analysis · Sep 17, 2025, 20:06 ET
ELME closed down 0.3% on Wednesday, September 17th, with volume running 0.8× below average. Mixed technical signals appeared with Directional Movement Crossover Bullish suggesting upside potential, while 20 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 16.64, 16.54 & 16.4, with resistance at 16.89, 17.03 & 17.13.

Current SwingTradeBot Technical Rating of ELME: C

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Elme Communities (ELME)