ELECTROMED INC (ELMD) Stock Technical Analysis
NYSEARCA:ELMD - US2854091087 - Common Stock
24.73 USD
+0.2 (+0.82%)
25.1 USD
+0.37 (+1.5%)
Overall ELMD gets a technical rating of 8 out of 10. In the last year, ELMD was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ELMD is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 87% of 185 stocks in the same industry.
In the last month ELMD has a been trading in the 18.13 - 25.33 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that ELMD is one of the better performing stocks in the market, outperforming 87% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ELMD has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
18.32
24.98
We found 1 important support area.
- Support @18.51 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for ELMD is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ELMD is up. |
| ChartMill Relative Strength | 87.4 | POSITIVE | ELMD has a high relative strength, it outperformed 87.4% 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) | UP | POSITIVE | The current price of ELMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ELMD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 76.54 | OVERBOUGHT | The high RSI value suggests ELMD may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.67 | POSITIVE | The MACD value suggests ELMD has a positive trend. |
| Stochastics (14,3) | 90.94 | OVERBOUGHT | The high Stochastics value suggests ELMD may be overbought. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for ELMD suggests some volalility. |
| Average Directional Index/ADX (14) | 25.43 | POSITIVE | The high ADX value value for ELMD suggests a strong trend. |
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)
24.73
+0.2 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.82%
1 Week22%
2 Weeks30.64%
1 Month36.4%
3 Month22.43%
6 Month-8.54%
12 Month44.2%
2 Year149.29%
3 Year154.95%
5 Year99.76%
10 Year1337.79%
15 YearN/A
Volatility
ATR(14)1.11
ATR(20)%3.78%
ATR Inc-18.43%
Range Today0.63
ADR(20)0.8
ADR(20)%3.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.4
Mansfield-0.67
10 Day High25.33
10 Day Low18.86
20 Day High25.33
20 Day Low18.13
52 Week High35.56
52 Week Low16.4
CS1 End18.51
CR1 StartN/A
Volume & EV
DER(3)5.69%
DER(5)6.53%
Volume80.00K
Volume Incr228.21%
Vol(5)147.58K
Vol(50)87.91K