ELECTROMED INC (ELMD) Stock Technical Analysis
NYSEARCA:ELMD - NYSE Arca - US2854091087 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to ELMD. Although ELMD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
ELMD is part of the Health Care Equipment & Supplies industry. There are 189 other stocks in this industry. ELMD outperforms 79% of them.
In the last month ELMD has a been trading in the 20.42 - 24.45 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that ELMD is one of the better performing stocks in the market, outperforming 82% of all stocks. However, we also see that ELMD couldn't keep up this performance in the last couple of months.
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.
Considerably lower volume is observed in the last couple of days.
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 23.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.02, a Stop Loss order could be placed below this zone.
More info and screens
20.36
23.31
When analyzing the support we can see 2 important areas.
- A support zone ranging from 22.11 to 22.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.57 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.02 to 23.08. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS82.32
Mansfield0.62
10 Day High23.68
10 Day Low22.17
20 Day High24.45
20 Day Low20.42
52 Week High35.56
52 Week Low13.74
Performance
1 Week1.18%
2 Weeks2.08%
1 Month-2.45%
3 Month-31.14%
6 Month-0.77%
12 Month46.23%
2 Year110.59%
3 Year82%
5 Year64.83%
10 Year845.08%
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)0.2
RSI(14)43.85
LBB22.06
UBB23.5
NYSEARCA:ELMD (4/28/2025, 10:35:11 AM)
22.94
-0.12 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.52%
1 Week1.18%
2 Weeks2.08%
1 Month-2.45%
3 Month-31.14%
6 Month-0.77%
12 Month46.23%
2 Year110.59%
3 Year82%
5 Year64.83%
10 Year845.08%
15 YearN/A
Volatility
ATR(14)0.91
ATR(20)%4.17%
ATR Inc-23.66%
Range Today0
ADR(20)0.89
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.32
Mansfield0.62
10 Day High23.68
10 Day Low22.17
20 Day High24.45
20 Day Low20.42
52 Week High35.56
52 Week Low13.74
CS1 End23.02
CR1 Start23.07
Volume & EV
DER(3)-2.72%
DER(5)-4.11%
Volume75
Volume Incr-33.64%
Vol(5)43.02K
Vol(50)83.09K