ELECTROMED INC (ELMD) Stock Technical Analysis
NYSEARCA:ELMD - NYSE Arca - US2854091087 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ELMD. ELMD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
ELMD is part of the Health Care Equipment & Supplies industry. There are 189 other stocks in this industry. ELMD outperforms 73% of them.
In the last month ELMD has a been trading in the 20.42 - 23.90 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When comparing the performance of all stocks over the past year, ELMD turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
ELMD is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
ELMD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 23.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.93, a Stop Loss order could be placed below this zone.
More info and screens
20.52
23.46
When analyzing the support we can see 2 important areas.
- A support zone ranging from 22.11 to 22.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.73 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.23 to 23.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.28
Mansfield0.37
10 Day High23.68
10 Day Low22.14
20 Day High23.9
20 Day Low20.42
52 Week High35.56
52 Week Low13.74
Performance
1 Week0.69%
2 Weeks1.89%
1 Month-1.53%
3 Month-32.5%
6 Month1.4%
12 Month25.51%
2 Year98.63%
3 Year106.03%
5 Year61.03%
10 Year1032.68%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.18
RSI(14)47.53
LBB22.53
UBB23.28
NYSEARCA:ELMD (5/2/2025, 8:04:00 PM)
23.22
+0.17 (+0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.74%
1 Week0.69%
2 Weeks1.89%
1 Month-1.53%
3 Month-32.5%
6 Month1.4%
12 Month25.51%
2 Year98.63%
3 Year106.03%
5 Year61.03%
10 Year1032.68%
15 YearN/A
Volatility
ATR(14)0.69
ATR(20)%3.92%
ATR Inc20.2%
Range Today0.72
ADR(20)0.86
ADR(20)%3.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.28
Mansfield0.37
10 Day High23.68
10 Day Low22.14
20 Day High23.9
20 Day Low20.42
52 Week High35.56
52 Week Low13.74
CS1 End22.93
CR1 Start23.23
Volume & EV
DER(3)-0.44%
DER(5)-2.87%
Volume57.40K
Volume Incr-3.24%
Vol(5)54.22K
Vol(50)73.99K