Abstract: Embodiments of the present disclosure are directed to a system for monitoring conditions of elevator hoisting members. The system includes a processing device configured to receive an actual resistance data from the one or more pairs of tensile load bearing conductive members, calculate an adjusted resistance data by subtracting the actual resistance data from a baseline resistance data and dividing by the baseline resistance data, input the adjusted resistance data into a process configured to model the adjusted resistance data into a breaking strength value for the elevator hoisting member, receive the breaking strength value, and determine whether the breaking strength value is below a predetermined threshold value for a rated breaking load of the elevator hoisting member, wherein when the breaking strength value is below the predetermined threshold value, output an alert to the elevator controller to instruct the elevator controller to inhibit movement of the elevator hoisting member.