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Pre-Breakout Signal Scan Result
ELME
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High Risk Squeeze near resistance View chart Real Estate sector Scanned: 2026.10.24 08:19 Price data as of 2026-10-22 · latest session 2026-10-23 not yet reflected
Pre-Breakout Score
96.0

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⚠️ This risk flag is not a ranking — it reflects "chase / volatility risk if entering right now"
Low risk

Few overheating or already-surging signals — relatively calm. A good stage to observe pre-breakout conditions patiently.

Caution

Some risk factors present — volatility, short-term overheating, or thin liquidity. Size and scale in carefully if entering.

High Risk

Already surged, RSI overheated, extended far from highs, or earnings imminent. Chasing now carries meaningful pullback risk.

Key Technical Indicators
RSI (14)
65
normal
ADX
44
strong trend
BB Squeeze
✓ Squeeze
bottom 12% band width
OBV Accum.
✓ 1.4x
inflow
Vol Ratio
0.5x
typical
5D Chg
+1.1%
short-term trend
1D Chg
+0.6%
vs. prior close
vs 20D High
-0.6%
near resistance
ATR%
1.1%
daily range
SPY RS 20D
+5.6%
strength vs. market
Daily · as of US close Oct 22 60-Day Price History
Close Volume Hover for details
Detected Signals (8)
Bollinger Band squeeze
Accumulation (OBV↑·1.4x up-volume)
Trend strengthening (ADX 44↑·+DI lead)
Tight below resistance (-0.6% from high)
Small-cap (<$300M)
Outperforming the market
Earnings D-1 (major catalyst · high risk)
Multi-timeframe squeeze (daily + weekly contraction)
Technical Diagnostic Summary
ELME — the scanner detected a 'Breakout Imminent (Squeeze + Near Resistance)' pattern. RSI at 65 shows accelerating momentum, though still below overbought levels. Bollinger Band width has contracted to the bottom 12% of its past year, consistent with energy building ahead of a possible breakout. OBV is trending up with up-day volume at 1.4x down-day volume, a sign of inflow. ADX 44 with +DI 21 / -DI 6 shows a clearly established uptrend. 20-day RS vs. SPY of +5.6pp shows relative strength versus the market. Price sits just 0.6% below its 20-day high — a tight coil right under resistance that can precede a breakout. Currently flagged High Risk — elevated risk of a pullback if chasing this short-term extended move.
How to Read These Indicators

ELME's RSI(14) currently reads 65. RSI measures the ratio of recent gains to losses over the past 14 sessions to gauge overbought or oversold conditions. Readings above 70 are typically read as overbought and below 30 as oversold — this one falls in the 'normal' range. This reading is specific to ELME on this scan date and can change quickly. → Learn more

ADX currently reads 44. ADX quantifies how strongly a trend is persisting, independent of whether it's up or down (25+ is considered pronounced). Right now ELME shows +DI sits above -DI, favoring the upside, putting it in the 'strong trend' range on ADX. This reading is specific to ELME on this scan date and can change quickly. → Learn more

ELME's Bollinger Band width is in the bottom 12% (narrow) of its past year, and the squeeze indicator is currently active. A Bollinger Band squeeze means price volatility has contracted well below its usual range. A squeeze is often followed by a volatility expansion in either direction. This reading is specific to ELME on this scan date and can change quickly. → Learn more

ELME's OBV is currently rising (1.4x), and the up/down volume ratio is 1.4x. OBV is a running tally that infers buying or selling pressure purely from volume direction. Cross-check this against ELME's other indicators above before drawing a conclusion. → Learn more

ELME's recent volume is running at 0.5x its usual level. It's a simple multiple of current volume over the trailing average — a proxy for how much attention the stock is getting — a reference point for whether order flow is concentrating around this stock. Treat this as one data point on ELME, not a standalone signal. → Learn more

ELME's change over the last 5 trading days is +1.1%, and over the last 1 trading day is +0.6%. These two numbers show recent short-term direction but say nothing about where the price goes next.

ELME's current price is 0.6% below its 20-day high. Distance from the recent high is a reference point for how close price is to potential resistance. On this measure it currently falls in the 'near resistance' category. Cross-check this against ELME's other indicators above before drawing a conclusion. → Learn more

ELME's ATR% currently reads 1.1%, a 'daily range' level. This is a running measure of how much the price typically moves in a single session. This reading is specific to ELME on this scan date and can change quickly. → Learn more

ELME's 20-trading-day relative strength versus SPY (S&P 500 ETF) is +5.6%. A positive relative-strength reading means the stock outpaced the broad market. Cross-check this against ELME's other indicators above before drawing a conclusion. → Learn more

Measured Base Rates for ELME's Active Signals · Full table

Stocks holding Bollinger Band Squeeze reached +15% 22.5% of the time, versus a 24.7% base rate — not a statistically significant difference (7328 cases). Cross-check this against ELME's other indicators above before drawing a conclusion. → Bollinger Band Squeeze

No significant edge was measured for OBV Accumulation: 24.7% versus a 24.7% base rate across 9096 cases. Treat this as one data point on ELME, not a standalone signal. → OBV Accumulation

No significant edge was measured for ADX Trend Strengthening: 24.5% versus a 24.7% base rate across 11420 cases. As with any single metric, weigh this alongside ELME's full indicator set. → ADX Trend Strengthening

Measured (n=12815), the hit-rate for +DI Dominance (24.6%) was not statistically distinguishable from the base rate (24.7%). This reading is specific to ELME on this scan date and can change quickly. → +DI Dominance

Stocks holding Weekly Squeeze reached +15% 22.3% of the time, versus a 24.7% base rate — not a statistically significant difference (8568 cases). Cross-check this against ELME's other indicators above before drawing a conclusion. → Weekly Squeeze

No significant edge was measured for Weekly Tight Base 3+ Weeks: 1.4% versus a 24.7% base rate across 3351 cases. Cross-check this against ELME's other indicators above before drawing a conclusion. → Weekly Tight Base 3+ Weeks

Measured (n=2142), the hit-rate for Pocket Pivot (30.8%) was not statistically distinguishable from the base rate (24.7%). As with any single metric, weigh this alongside ELME's full indicator set. → Pocket Pivot

Limitations of this page — Automatically calculated, not a stock recommendation. Score is a count of conditions met, not a prediction; base rates are historical measurements only (ELME diagnostic as of 2026.10.24 08:19).

Past Monitoring History for This Stock (last 5)
2026-10-22 · #9 Entry $1.76 High Risk Squeeze near resistance AI · Peak since +1.1% Tracking 1 trading days
2026-10-21 · #5 Entry $1.76 High Risk Squeeze near resistance AI · Peak since +1.1% Tracking 2 trading days
2026-10-20 · #9 Entry $1.76 High Risk Squeeze near resistance AI · Peak since +1.1% Tracking 3 trading days
2026-10-17 · #10 Entry $1.76 High Risk Squeeze near resistance AI · Peak since +1.1% Tracking 4 trading days
2026-10-16 · #7 Entry $1.75 High Risk Squeeze near resistance AI · Peak since +1.7% Tracking 5 trading days

A history of past monitoring candidates — not investment advice. See the scanner's full track record here.

⚠️ This is a monitoring candidate only, not investment advice. The indicators, score, and diagnosis on this page are the result of technical screening and do not guarantee any return. Price can move up, sideways, or down from here, and any investment loss is the investor's own responsibility. Read the full disclaimer