Elme Communities Stock Pattern Recognition Hanging Man

ELME Stock  USD 16.94  0.01  0.06%   
Elme Communities pattern recognition tool provides the execution environment for running the Hanging Man recognition and other technical functions against Elme Communities. Elme Communities value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of pattern recognition indicators. As with most other technical indicators, the Hanging Man recognition function is designed to identify and follow existing trends. Elme Communities momentum indicators are usually used to generate trading rules based on assumptions that Elme Communities trends in prices tend to continue for long periods.

Recognition
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was eleven with a total number of output elements of fifty. The function did not return any valid pattern recognition events for the selected time horizon. The Hanging Man pattern describes Elme Communities bearish reversal trend.

Elme Communities Technical Analysis Modules

Most technical analysis of Elme Communities help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Elme from various momentum indicators to cycle indicators. When you analyze Elme charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Elme Communities Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Elme Communities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Elme Communities based on widely used predictive technical indicators. In general, we focus on analyzing Elme Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Elme Communities's daily price indicators and compare them against related drivers, such as pattern recognition and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Elme Communities's intrinsic value. In addition to deriving basic predictive indicators for Elme Communities, we also check how macroeconomic factors affect Elme Communities price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.04150.03820.05020.0573
Price To Sales Ratio12.927.435.628.47
Hype
Prediction
LowEstimatedHigh
15.6716.9518.23
Details
Intrinsic
Valuation
LowRealHigh
15.3116.5917.87
Details
Naive
Forecast
LowNextHigh
16.1717.4518.74
Details
5 Analysts
Consensus
LowTargetHigh
14.7916.2518.04
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Elme Communities in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Elme Communities' short interest history, or implied volatility extrapolated from Elme Communities options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested few shares
Blockchain Idea
Blockchain
Invested few shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 50 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 60 shares
Business Services Idea
Business Services
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 40 shares
When determining whether Elme Communities is a strong investment it is important to analyze Elme Communities' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Elme Communities' future performance. For an informed investment choice regarding Elme Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elme Communities. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Elme Stock refer to our How to Trade Elme Stock guide.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Multi-Family Residential REITs space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elme Communities. If investors know Elme will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elme Communities listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Dividend Share
0.72
Earnings Share
(0.16)
Revenue Per Share
2.726
Quarterly Revenue Growth
0.078
Return On Assets
0.0078
The market value of Elme Communities is measured differently than its book value, which is the value of Elme that is recorded on the company's balance sheet. Investors also form their own opinion of Elme Communities' value that differs from its market value or its book value, called intrinsic value, which is Elme Communities' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elme Communities' market value can be influenced by many factors that don't directly affect Elme Communities' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elme Communities' value and its price as these two are different measures arrived at by different means. Investors typically determine if Elme Communities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elme Communities' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.