The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
As of today (2026-07-05), Elme Communities's 9-Day RSI is 35.18.
The industry rank for Elme Communities's 9-Day RSI or its related term are showing as below:
ELME's 9-Day RSI is ranked better than 87.55% of 988
companies
in the REITs industry
Industry Median: 53.455
vs ELME: 35.18
The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.
Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.
RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.
Elme Communities 9-Day RSI Related Terms
ELME vs FREVS, MRTI, CLPR: 9-Day RSI Comparison
For the REIT - Residential subindustry, Elme Communities's 9-Day RSI, along with its competitors' market caps and 9-Day RSI data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Elme Communities 9-Day RSI vs REITs Industry
For the REITs industry and Real Estate sector, Elme Communities's 9-Day RSI distribution charts can be found below:
* The bar in red indicates where Elme Communities's 9-Day RSI falls into.
* Note that the formula uses a positive value for the average loss.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Elme Communities (ELME) has a 9-Day RSI of 35.18 as of Jul. 05, 2026. According to the industry distribution chart, Elme Communities ranks #123 out of 988 companies in the REITs industry, placing it in the top 12.4%.
Is Elme Communities' 9-Day RSI too high?
Elme Communities' current 9-Day RSI is 35.18. The REITs industry median 9-Day RSI is 53.46. Elme Communities' value of 35.18 is 34.2% below this industry median. Based on the distribution chart, Elme Communities ranks #123 out of 988 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Elme Communities has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Elme Communities' 9-Day RSI compare to FREVS and MRTI?
According to the REITs industry distribution chart, Elme Communities ranks #123 out of 988 companies for 9-Day RSI. This places Elme Communities in the top 12% of its industry — outperforming the majority of peers. The industry median 9-Day RSI is 53.46. Elme Communities' value of 35.18 is 34.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 9-Day RSI for a REITs company?
The median 9-Day RSI among REITs companies is 53.46, based on 988 companies in the industry. Companies in the top quartile (top 25%) have a 9-Day RSI significantly above this median, while those in the bottom quartile fall well below. However, 9-Day RSI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Elme Communities's current 9-Day RSI of 35.18 is 34.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 9-Day RSI mean?
A high 9-Day RSI can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median 9-Day RSI is 53.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elme Communities's current 9-Day RSI is 35.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elme Communities stock overvalued right now?
Based on GuruFocus' analysis, Elme Communities (ELME) is currently considered Possible Value Trap. The stock's GF Value™ is $8.33, compared to a current price of $1.59 — trading 80.9% below its estimated fair value. The current 9-Day RSI is 35.18 and 34.2% below the REITs industry median of 53.46. Elme Communities' overall GF Score™ is 36/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 9-Day RSI calculated?
9-Day RSI is calculated from a company's financial statements. For Elme Communities (ELME), the current 9-Day RSI is 35.18 as of Jul. 05, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Elme Communities (ELME) Overvalued in 2026?
Based on GuruFocus' analysis, Elme Communities stock appears to be undervalued.
The current stock price of $1.59 is trading 80.9% below its estimated GF Value™ of $8.33.
GuruFocus considers Elme Communities to be Possible Value Trap.
Key valuation signals for ELME:
9-Day RSI: 35.18
GF Value™: $8.33 vs. price of $1.59 (80.9% below fair value)
Industry Position: 34.2% below the REITs median (#123 of 988)
No single metric tells the full story. See the ELME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elme Communities is a real estate investment trust engaged in owning and operating properties in the greater Washington DC metropolitan area. The company's real estate portfolio is comprised of office, retail, and multifamily properties located near transportation nodes. It derives nearly all of its income in the form of rental revenue from tenants organized into long-term leases. The company's office assets contribute the majority of this income, while the rest is split fairly evenly between its retail and multifamily locations. Elme Communities' tenants are banking, consulting, law, and financial services firms. The company operates in a single reportable segment which includes the ownership, development, redevelopment and acquisition of apartment communities.
36GF Score
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