ELMD Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Electromed Inc (ELMD) Moving Averages Convergence Divergence (MACD) indicator is 0.34, suggesting ELMD is Strong Buy.

Electromed Inc (ELMD) 20-Day simple moving average is 24.663, while Electromed Inc (ELMD) share price is $26.39, making it Buy.

Electromed Inc (ELMD) 60-Day simple moving average is 25.097, while Electromed Inc (ELMD) share price is $26.39, making it Buy.

Technical Analysis for ELMD

Technical Sentiment Analysis for Electromed Inc (ELMD) As of 2026-04-23, Electromed Inc (ELMD) is exhibiting a Strong Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 11 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ELMD stands at 55.536, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.34, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 72.994 and the Commodity Channel Index (CCI) at 76.66 further confirm a 1.07 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ELMD is trading above its 60-day moving average of $25.097 and above its 200-day long-term moving average of $24.59. Key price levels to watch include the immediate resistance at $26.472 and strong support at $24.128. A break above $26.472 could signal a bull continuation, while falling below $24.128 may test the next Fibonacci floor at $22.921.

Electromed Inc (ELMD) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	21.785	22.921	24.128	25.264	26.472	27.608	28.815
Fibonacci	22.921	23.816	24.369	25.264	26.159	26.712	27.608

Electromed Inc (ELMD) Technical Indicators

2026-04-23

Name	Value
RSI_14	55.536
STOCHk_14_3_3	72.994
STOCHd_14_3_3	73.224
CCI_20	76.66
AO_5_34	1.322
MOM_10	1.07
MACD_12_26_9	0.34

Electromed Inc (ELMD) Relative Strength Index (RSI) is 55.536, creating a Neutral signal.

Electromed Inc (ELMD) Stochastic Oscillator is 72.994, creating a Neutral signal.

Electromed Inc (ELMD) Stochastic RSI is 73.224, creating a Neutral signal.

Electromed Inc (ELMD) Commodity Channel Index (CCI) is 76.66, creating a Neutral signal.

Electromed Inc (ELMD) Awesome Oscillator is 1.322, creating a Buy signal.

Electromed Inc (ELMD) Momentum is 1.07, creating a Buy signal.

Electromed Inc (ELMD) MACD is 0.34, creating a Buy signal.

Electromed Inc (ELMD) Moving Average

2026-04-23

Period	Simple	Signal
MA_5	25.596	Buy
MA_10	25.336	Buy
MA_20	24.663	Buy
MA_60	25.097	Buy
MA_200	24.59	Buy
MA_250	23.908	Buy

Electromed Inc (ELMD) 5-Day simple moving average is 25.596, while Electromed Inc (ELMD) share price is $26.39, making it a Buy.

Electromed Inc (ELMD) 10-Day simple moving average is 25.336, while Electromed Inc (ELMD) share price is $26.39, making it a Buy.

Electromed Inc (ELMD) 20-Day simple moving average is 24.663, while Electromed Inc (ELMD) share price is $26.39, making it a Buy.

Electromed Inc (ELMD) 60-Day simple moving average is 25.097, while Electromed Inc (ELMD) share price is $26.39, making it a Buy.

Electromed Inc (ELMD) 200-Day simple moving average is 24.59, while Electromed Inc (ELMD) share price is $26.39, making it a Buy.

Electromed Inc (ELMD) 250-Day simple moving average is 23.908, while Electromed Inc (ELMD) share price is $26.39, making it a Buy.

People Also Watch

Frequently Asked Questions

What is the current technical consensus for ELMD?

The overall technical consensus for Electromed Inc (ELMD) is currently Strong Buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 5 buy signals and 3 sell signals.

What are the key support and resistance levels for Electromed Inc (ELMD) today?

Based on pivot point calculations, Electromed Inc (ELMD) has an immediate support level at 24.128 and a major resistance level at 26.472. Traders also monitor the pivot point at 25.264 to determine the intraday trend direction.

Is Electromed Inc (ELMD) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Electromed Inc (ELMD) is currently 55.536. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Electromed Inc (ELMD)?

Electromed Inc (ELMD) Moving Averages Convergence Divergence (MACD) indicator is 0.34, suggesting ELMD is Strong Buy. This indicator helps identify potential trend reversals or momentum shifts for Electromed Inc.

How is Electromed Inc (ELMD) performing relative to its 200-day moving average?

Electromed Inc (ELMD) is currently trading at $26.39, which is above its 200-day simple moving average of 24.59. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.