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(MED) Medifast Inc complete technical analysis [charts+indicators] | Buy/Sell Medifast Inc | (MED) share price targets

Complete technical analysis of Medifast Inc (MED) by charts plus indicators, forecast predictions and share price targets for Medifast Inc (MED)

Medifast Inc trades in USA in Consumer Non Durables sector.

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Medifast Inc is 535400

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	39.50	40.20	40.66	39.21	0.618 times
01 Fri Mar 2024	40.44	40.29	40.81	38.65	0.608 times
29 Thu Feb 2024	40.09	40.40	41.34	39.66	0.743 times
28 Wed Feb 2024	40.57	41.32	41.60	40.30	0.664 times
27 Tue Feb 2024	41.75	41.10	42.68	40.54	0.768 times
26 Mon Feb 2024	40.56	40.61	41.56	40.13	0.683 times
23 Fri Feb 2024	40.73	40.00	41.96	39.08	1.061 times
22 Thu Feb 2024	40.00	40.07	41.00	38.22	1.339 times
21 Wed Feb 2024	40.38	44.49	44.72	38.79	2.316 times
20 Tue Feb 2024	48.93	49.90	49.90	47.21	1.151 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.9, but if it comes above 40.9, then a intra day buy could be more profitable.
If you take a sell trade below 40.9, then use 40.9 as stoploss and 33.3 as target. However if you take a buy trade in stock , then use 40.9 as stoploss and 47.19 as target.

Share price targets for Medifast Inc (MED)

Target Type	Value
Downside Target	38.22
Upside Target	40.66
Upside Target	42.68
Upside Target	49.89
Upside Target	51.44
Upside Target	54.88
Upside Target	56.52
Upside Target	61.94
Upside Target	62.15
Upside Target	70.58
Upside Target	72.17
Upside Target	76.42

Intraday share price targets for Medifast Inc (MED)

Target Type	Value
Downside Intraday Target	38.92
Downside Intraday Target	38.34
Upside Intraday Target	40.37
Upside Intraday Target	41.24
Upside Intraday Target	39.79

Weekly technical analysis of Medifast Inc (MED)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	39.50	40.20	40.66	39.21	0.178 times
01 Fri Mar 2024	40.44	40.61	42.68	38.65	0.591 times
23 Fri Feb 2024	40.73	49.90	49.90	38.22	2.25 times
16 Fri Feb 2024	49.99	53.52	56.52	49.89	1.373 times
09 Fri Feb 2024	53.53	52.64	54.88	51.67	0.958 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Medifast Inc (MED)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	39.50	40.29	40.81	38.65	0.088 times
29 Thu Feb 2024	40.09	55.08	56.52	38.22	1.039 times
31 Wed Jan 2024	54.65	67.22	70.58	51.44	1.351 times
29 Fri Dec 2023	67.22	66.30	76.42	62.15	1.304 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Medifast Inc (MED)

Price action analysis of Medifast Inc ( (MED) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Medifast Inc ( (MED) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Medifast Inc ( (MED) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Medifast Inc ( (MED) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Medifast Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Medifast Inc in short term and the sell signal is strong.

Medifast Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Medifast Inc in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Medifast Inc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.41 and Medifast Inc (MED) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Medifast Inc (MED) stock. Volume based technical analysis of Medifast Inc (MED) stock is negative.

Medifast Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.