Elme Communities (ELME, $17.23) price may drop as it broke higher Bollinger Band on Feb 14, 2025

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ELME - Elme Communities
Bollinger signal
Bearish Trend
73%
Odds of DOWN Trend
Price: $17.23
Daily change: +$1.74 (+11.23%)
Daily volume: 2.2M
Capitalization: $1.5B
Industry: Real Estate Investment Trusts

This price move could be a signal that ELME may fall back below the higher band and head toward the middle band. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 44 similar cases where ELME's price broke its higher Bollinger Band, and 32 of them led to a successful outcome. Odds of Success: 73%.