Elme Communities Breaks Above 200-Day Moving Average – Bullish for ELME

elme-communities-breaks-above-200-day-moving-average-–-bullish-for-elme
In trading on Thursday, shares of Elme Communities (Symbol: ELME) crossed above their 200 day moving average of $16.25, changing hands as high as $16.41 per share. Elme Communities shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of ELME shares, versus its 200 day moving average: Elme Communities 200 Day Moving Average Chart

Looking at the chart above, ELME’s low point in its 52 week range is $13.95 per share, with $18.49 as the 52 week high point — that compares with a last trade of $16.31.


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