Electromed Stock Momentum Indicators Plus Directional Indicator

ELMD Stock  USD 30.78  0.28  0.90%   
Electromed momentum indicators tool provides the execution environment for running the Plus Directional Indicator indicator and other technical functions against Electromed. Electromed value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Plus Directional Indicator indicator function is designed to identify and follow existing trends. Momentum indicators of Electromed are pattern recognition functions that provide distinct formation on Electromed potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Time Period to run this model.

The output start index for this execution was ten with a total number of output elements of fifty-one. The Plus Directional Indicator describes the rate of positive changes that contributes to the overall Electromed price trend.

Electromed Technical Analysis Modules

Most technical analysis of Electromed help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Electromed from various momentum indicators to cycle indicators. When you analyze Electromed charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Electromed Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Electromed. We use our internally-developed statistical techniques to arrive at the intrinsic value of Electromed based on widely used predictive technical indicators. In general, we focus on analyzing Electromed Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Electromed's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Electromed's intrinsic value. In addition to deriving basic predictive indicators for Electromed, we also check how macroeconomic factors affect Electromed price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding186.96186.93160.45185.22
PTB Ratio2.392.412.722.65
Hype
Prediction
LowEstimatedHigh
28.2031.0433.88
Details
Intrinsic
Valuation
LowRealHigh
26.3929.2332.07
Details
1 Analysts
Consensus
LowTargetHigh
23.6626.0028.86
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Electromed in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Electromed's short interest history, or implied volatility extrapolated from Electromed options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Business Services Idea
Business Services
Invested few shares
Cash Cows Idea
Cash Cows
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Social Domain Idea
Social Domain
Invested few shares
Artificial Intelligence Idea
Artificial Intelligence
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Momentum Idea
Momentum
Invested over 50 shares
Hedge Favorites Idea
Hedge Favorites
Invested over 60 shares
Macroaxis Index Idea
Macroaxis Index
Invested few shares
Power Assets Idea
Power Assets
Invested over 200 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 40 shares
SRI Sustainable Growth Idea
SRI Sustainable Growth
Invested few shares
Blockchain Idea
Blockchain
Invested few shares
When determining whether Electromed is a strong investment it is important to analyze Electromed's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Electromed's future performance. For an informed investment choice regarding Electromed Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Electromed. If investors know Electromed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Electromed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.809
Earnings Share
0.72
Revenue Per Share
6.39
Quarterly Revenue Growth
0.09
Return On Assets
0.0839
The market value of Electromed is measured differently than its book value, which is the value of Electromed that is recorded on the company's balance sheet. Investors also form their own opinion of Electromed's value that differs from its market value or its book value, called intrinsic value, which is Electromed's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Electromed's market value can be influenced by many factors that don't directly affect Electromed's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Electromed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Electromed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electromed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.