(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.
10 day averaged volume of Medifast Inc is 83300
|Date||Daily Closing Price||Open||High||Low||Volume|
|21 Wed Apr 2021||238.18||232.00||238.50||231.12||1.054 times|
|20 Tue Apr 2021||232.63||234.03||237.17||228.50||1 times|
|19 Mon Apr 2021||234.97||235.30||237.14||229.45||0.882 times|
|16 Fri Apr 2021||237.09||235.00||240.22||231.87||0.758 times|
|15 Thu Apr 2021||235.00||239.03||239.03||231.01||0.999 times|
|14 Wed Apr 2021||237.58||234.65||238.65||233.51||0.936 times|
|13 Tue Apr 2021||234.01||233.27||239.00||227.61||1.555 times|
|12 Mon Apr 2021||230.01||222.19||231.98||222.19||1.196 times|
|09 Fri Apr 2021||221.23||222.01||222.99||215.64||0.818 times|
|08 Thu Apr 2021||220.73||219.03||221.63||217.00||0.676 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 234.3, but if it comes below 234.3, then a intra day sell could be more profitable.
If you take a sell trade below 234.3, then use 234.3 as stoploss and 225.34 as target. However if you take a buy trade in stock , then use 234.3 as stoploss and 245 as target.
Share price targets for Medifast Inc (MED)
Intraday share price targets for Medifast Inc (MED)
|Downside Intraday Target||231.62|
|Downside Intraday Target||225.06|
|Upside Intraday Target||241.62|
|Upside Intraday Target||245.06|
|Downside Intraday Target||235.06|
Weekly technical analysis of Medifast Inc (MED)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|21 Wed Apr 2021||238.18||235.30||238.50||228.50||0.539 times|
|16 Fri Apr 2021||237.09||222.19||240.22||222.19||1.075 times|
|09 Fri Apr 2021||221.23||225.38||230.00||215.11||0.698 times|
|01 Thu Apr 2021||222.30||220.38||226.10||202.53||0.877 times|
|26 Fri Mar 2021||224.52||242.29||244.12||215.80||0.812 times|
Price has moved up 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|
|21 Wed Apr 2021||238.18||215.38||240.22||213.76||0.372 times|
|31 Wed Mar 2021||211.82||257.22||269.97||202.53||1.505 times|
|26 Fri Feb 2021||252.99||236.43||279.46||225.45||0.845 times|
|29 Fri Jan 2021||234.67||196.34||247.95||190.69||1.037 times|
Scroll below to view daily charts
Price has moved up 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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||18, 17, 1||Buy|
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY. Signal strength is Weak 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Medifast Inc in short term and BUY 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
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 232.62 and Medifast Inc (MED) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.