(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 2024-03-15 View latest technical analysis
10 day averaged volume of Medifast Inc is 391050
Date | Daily Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 36.61 | 34.50 | 36.80 | 34.40 | 4.484 times |
14 Thu Mar 2024 | 34.57 | 36.06 | 36.06 | 34.09 | 1.513 times |
13 Wed Mar 2024 | 35.75 | 36.00 | 36.96 | 35.63 | 1.181 times |
12 Tue Mar 2024 | 36.60 | 37.59 | 37.59 | 35.86 | 1.206 times |
11 Mon Mar 2024 | 37.66 | 39.53 | 40.11 | 37.60 | 0.855 times |
08 Fri Mar 2024 | 39.66 | 38.58 | 40.32 | 38.58 | 1.06 times |
07 Thu Mar 2024 | 38.09 | 38.32 | 38.98 | 37.60 | 0.847 times |
06 Wed Mar 2024 | 38.04 | 39.18 | 39.25 | 38.04 | 0.809 times |
05 Tue Mar 2024 | 38.83 | 39.20 | 40.21 | 38.60 | 0.85 times |
04 Mon Mar 2024 | 39.50 | 40.20 | 40.66 | 39.21 | 0.846 times |
Stock of Medifast Inc (MED) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 36.3 as stoploss in an intra day buy trade for a target of 39.94. However, stock will show a bearish move below 36.3.
Share price targets for Medifast Inc (MED)
Target Type | Value |
Downside Target | 34.09 |
Upside Target | 37.60 |
Upside Target | 40.11 |
Upside Target | 42.68 |
Upside Target | 49.89 |
Upside Target | 51.44 |
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 | 33.76 |
Downside Intraday Target | 30.92 |
Upside Intraday Target | 39.78 |
Upside Intraday Target | 42.96 |
Upside Intraday Target | 36.94 |
Weekly technical analysis of Medifast Inc (MED)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 36.61 | 39.53 | 40.11 | 34.09 | 2.094 times |
08 Fri Mar 2024 | 39.66 | 40.20 | 40.66 | 37.60 | 0.93 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Medifast Inc (MED)
Date | Monthly Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 36.61 | 40.29 | 40.81 | 34.09 | 0.759 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 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 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 losing momentum.
MACD generated a BUY signal for Medifast Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Medifast Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Medifast Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Medifast Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 37.11 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.
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 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 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 losing momentum.
MACD generated a BUY signal for Medifast Inc in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Medifast Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Medifast Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Medifast Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 37.11 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.