$1.680
+0.010 (+0.60%)At close
Price Predictions
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ELME Prediction & Forecast by Similar Chart Analysis
Alphio's ELME stock price prediction model matches the current Elme Communities tape against historical breakout patterns, then publishes 1-day and 1-week targets first. The 1-day print is $1.67 (-0.84%). The 1-week path is $1.64 (-2.38%). Longer windows use the same pattern set plus seasonality; the 1-month and multi-year forecasts sit behind unlock because they include precise min / avg / max bands.
Should I Buy Elme Communities Stock?
Elme Communities appears to be a good buy right now due to its current price of 1.68, which is significantly lower than its historical average price of 4.974, indicating potential for recovery. Additionally, the RSI is at 71.553, suggesting that the stock is currently overbought but could still see upward momentum given the recent buying interest from hedge funds. The main risk is the company's forward P/E ratio of 43.4783, indicating high expectations for future earnings which may not materialize.
ELME stock price ended at $1.68 on Friday, after rising +0.60%
Elme Communities (ELME) last closed at $1.68, gaining +0.60%. These facts feed the 1-day and 1-week ELME price prediction above.
Forecast Drivers
Elme Communities (ELME) forecast drivers combine similar chart patterns, seasonality, and moving averages.
Similar patterns
Bullish
Seasonality
Bullish
SMA 20
Bullish
SMA 200
Bearish
Similar Chart Patterns
Stocks whose recent price path most closely matches ELME, ranked by similarity.
Seasonality analysis for ELME
Historically the probability of a positive August return for ELME is 68.25%. September offers the highest probability of a positive month at 100.00%, while January is the weakest seasonal window. Alphio blends this calendar with technical signals and similar chart pattern matching before it writes the forecast.
10-year price projections for ELME
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| Aug 2026 | $10.99 | $14.13 | $15.92 | +741.03% |
| Sep 2026 | $13.64 | $15.82 | $19.18 | +841.81% |
| Oct 2026 | $16.37 | $18.03 | $20.02 | +973.06% |
| Nov 2026 | $12.61 | $14.13 | $14.61 | +741.03% |
| Dec 2026 | $12.72 | $14.13 | $17.83 | +741.03% |
In 2026, Elme Communities (ELME) is projected to range from $10.99 to $20.02.
Elme Communities 2026 monthly forecast
In Aug 2026, Elme Communities is projected to average $14.13, with a low of $10.99 and high of $15.92.
In Sep 2026, Elme Communities is projected to average $15.82, with a low of $13.64 and high of $19.18.
In Oct 2026, Elme Communities is projected to average $18.03, with a low of $16.37 and high of $20.02.
In Nov 2026, Elme Communities is projected to average $14.13, with a low of $12.61 and high of $14.61.
In Dec 2026, Elme Communities is projected to average $14.13, with a low of $12.72 and high of $17.83.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.