ELECTROMED INC (ELMD) Technical Analysis
NYSEARCA:ELMD • US2854091087
Current stock price
ELMD Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to ELMD. ELMD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 76% of all other stocks performed better in the past year than ELMD.
- ELMD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- ELMD is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, ELMD did better than 61% of them.
- ELMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ELMD is lagging the market.
- Considerably lower volume is observed in the last couple of days.
ELMD Weekly and Daily overview Charts
ELMD Setup Rating and Analysis
ELMD has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.96, a Stop Loss order could be placed below this zone.
More info and screens
ELMD Support and Resistance Analysis
20.44
We found 2 important support areas.
- A support zone ranging from 23.15 to 23.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.65 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 24.55 to 24.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.00 from a trend line in the weekly time frame.
- A resistance zone ranging from 29.85 to 29.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
ELMD Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for ELMD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ELMD is neutral. |
| ChartMill Relative Strength | 24.72 | NEGATIVE | ELMD has a low relative strength, it was outperformed by 75.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ELMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ELMD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ELMD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49 | NEUTRAL | The RSI value for ELMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ELMD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.11 | NEUTRAL | The Stochastics value for ELMD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.4 | MEDIUM VOLATILITY | The ATR as a percentage value for ELMD suggests some volalility. |
| Average Directional Index/ADX (14) | 13.42 | NEGATIVE | The low ADX value for ELMD suggests a weak or negative trend. |
ELMD Chart- and CandleStick Pattern Analysis
ELMD Technicals: Chart, Performance Metrics, Trend & Indicators
NYSEARCA:ELMD (4/10/2026, 6:40:00 PM)
24.12
-0.29 (-1.19%)
ELECTROMED INC / ELMD TA FAQ
What is the ChartMill technical rating of ELECTROMED INC (ELMD) stock?
ChartMill assigns a technical rating of 1 / 10 to ELMD.
What is the trend direction for ELMD stock?
The current trend direction for ELECTROMED INC (ELMD) is Bearish.
Can you provide the RSI signal for ELECTROMED INC?
ELECTROMED INC (ELMD) has an RSI value of 49.0036. This indicates that the stock is currently neutral.
What is the MACD signal for ELMD stock?
The MACD indicator for ELECTROMED INC (ELMD) has a value of 0.113715, indicating a bearish trend.
Can you provide the support and resistance levels for ELECTROMED INC?
ELECTROMED INC (ELMD) has a support level at 23.96 and a resistance level at 24.55. Check the full technical report for our detailed analysis of ELMD support and resistance levels.