Should I Buy Electromed Inc Stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. ELMD has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.
ELMD stock price ended at $21.99 on Monday, after rising 2.04%
The Electromed Inc stock price increased by 2.04% on the last trading day (19 May 2025), rising from 21.28 to 21.99. Throughout the last trading session, the stock experienced a fluctuation of 3.38% , ranging from a day low of $21.28 to a day high of 22. The price has declined in 3 of the last 10 days, resulting in a total change of -2.87% during this period. On the last day, trading volume increase by -77.73K shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 94.41K shares were traded, amounting to approximately 2.06M.
ELMD Technical Signals
ELMD(Electromed Inc Corp) has 1 buy signal and 3 sell signals now. The current trend is consolidation starting from 2025-05-08. The total price change during this trend is -1.08%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of ELMD over the last 5 trading days is 3.12M. Overall, the technical indicator signals lean more toward a Bearish outlook in the mid-term.
ELMD Moving Average Analysis
Electromed Inc's overall moving average trend leans more bearish as of Tuesday, May 20, 2025, with 3 negative signals and 1 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $24.022773333333333, and $25.772333333333332. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $18.361893333333335, and $16.612333333333336. A break-down below any of these levels will issue sell signals.
ELMD Short Selling Analysis
The short sale ratio of Electromed Inc(ELMD) as of 12 May 2025 is 23.49%, rising from last trading day. With increasing price from 22.27 to 22.44. The short sell activity indicate that short sellers may be anticipating a price reversion.
Technical Signal
Technical Signals Summary
Sell
3
Buy
1
Moving Average
Swing
PositiveStock Price Above SMA_5
Short Term
NegativeSMA_5 Below SMA_20
Mid Term
NegativeSMA_20 Below SMA_60
Long Term
NegativeSMA_60 Below SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
1 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
Indicators
Signal
Value
Meaning
Moving Average
Price crosses above 10-day SMA
--
Bullish
3 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
Indicators
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-1.412
Bearish
Momentum (10 days)
MOM_10 < 0
-0.65
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-0.643
Bearish
ELMD Price Prediction & Forecast by Similar Chart Analysis
Based on historical patterns and backtesting of stocks with similar movements to Electromed Inc(ELMD), our algorithm predicts ELMD's 1-month price at $22.60, with an 4.86%upwardshift. Using a similarity score up to 93.14%and other factors, This forecast updates weekly, adjusting for significant deviations.
Similar Chart
The price prediction chart for Electromed Inc (ELMD.A) stock, as of Sunday, May 18, 2025 , forecasts a 4.86% change over the next month, based on its high correlation with LBTYB.O stock patterns. The similarity between their price movements over the analyzed periods is 93.14%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
ELMD
No Data
LBTYB
Up: 4.86%Similarity: 93.14%
Name
Similarity
Up/Down
LBTYB.O
93.14%
+4.86%
ENGN.O
92.61%
-25.93%
FIBK.O
92.50%
-2.46%
POCI.O
92.38%
-16.67%
FER.O
92.14%
+4.99%
POCI.O
92.01%
0.00%
BTCS.O
91.84%
+5.08%
FPAY.O
91.83%
-16.00%
AMPH.O
91.79%
+4.03%
WILC.O
91.72%
-0.81%
ELMD Seasonality Analysis
Based on ELMD's historical stock price data across all years, the probability of a positive return in May is27.27%, suggesting it maynotbe an ideal month to invest in ELMD. In contrast,Februaryoffers the highest probability of positive returns at72.73%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.
Monthly Seasonality
The radar chart shows that buying Electromed Inc (ELMD.A) stock in February has the highest probability of a positive return (72.73%), while May has the lowest probability (27.27%).
Performance Seasonality
The chart shows Electromed Inc. (ELMD)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.
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FAQ
Should I buy Electromed Inc (ELMD.A) stock?
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