(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 465953
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 24.80 | 22.99 | 24.94 | 22.70 | 1.782 times |
| 24 Fri May 2024 | 22.83 | 22.90 | 23.18 | 22.35 | 0.92 times |
| 23 Thu May 2024 | 22.76 | 24.43 | 24.43 | 22.68 | 0.891 times |
| 22 Wed May 2024 | 24.53 | 24.35 | 25.18 | 24.09 | 0.806 times |
| 21 Tue May 2024 | 24.39 | 24.36 | 24.79 | 24.00 | 1.052 times |
My analysis of stock is bearish for shortterm, and stock might move down till 24.1 or till 22.7. Use a stoploss of 25.21 and if the stock hits stoploss, then it can shoot up till 26.33
Share price targets for Medifast Inc (MED)
| Target Type | Value |
| Downside Target | 22.35 |
| Downside Target | 24.58 |
| Upside Target | 26.02 |
| Upside Target | 27.16 |
| Upside Target | 28.44 |
| Upside Target | 34.09 |
| Upside Target | 36.30 |
| Upside Target | 38.22 |
| Upside Target | 38.56 |
| Upside Target | 40.81 |
| Upside Target | 51.44 |
| Upside Target | 56.52 |
| Upside Target | 70.58 |
Intraday share price targets for Medifast Inc (MED)
| Target Type | Value |
| Downside Intraday Target | 23.35 |
| Downside Intraday Target | 21.91 |
| Upside Intraday Target | 25.59 |
| Upside Intraday Target | 26.39 |
| Downside Intraday Target | 24.15 |
Weekly technical analysis of Medifast Inc (MED)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 24.80 | 22.99 | 24.94 | 22.70 | 0.383 times |
| 24 Fri May 2024 | 22.83 | 24.83 | 25.18 | 22.35 | 1.025 times |
| 17 Fri May 2024 | 25.00 | 25.24 | 27.16 | 24.63 | 1.041 times |
| 10 Fri May 2024 | 24.99 | 27.00 | 27.18 | 24.58 | 0.437 times |
| 03 Fri May 2024 | 26.69 | 34.00 | 36.30 | 25.36 | 3.21 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 |
| 28 Tue May 2024 | 24.80 | 27.36 | 28.44 | 22.35 | 0.992 times |
| 30 Tue Apr 2024 | 27.53 | 38.48 | 38.56 | 26.02 | 1.002 times |
| 28 Thu Mar 2024 | 38.32 | 40.29 | 40.81 | 34.09 | 1.246 times |
| 29 Thu Feb 2024 | 40.09 | 55.08 | 56.52 | 38.22 | 1.068 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 23, 27, 9 | Sell |
| MACD | -5, -5 | Buy |
| Stochastics | 21 | Sell |
| CCI | -39 | Buy |
| RSI | 41 | Sell |
| OBV | -2299298 | Sell |
| VWAP | 25 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 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 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 in or above 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 positive zone. This is a BUY 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 24.63 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 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.
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