(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 350430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 33.57 | 33.42 | 33.81 | 32.65 | 0.623 times |
| 23 Tue Apr 2024 | 33.42 | 32.34 | 33.63 | 32.29 | 0.824 times |
| 22 Mon Apr 2024 | 32.60 | 32.45 | 32.75 | 31.88 | 0.816 times |
| 19 Fri Apr 2024 | 32.44 | 32.26 | 33.00 | 32.11 | 0.823 times |
| 18 Thu Apr 2024 | 32.47 | 32.05 | 32.66 | 31.71 | 0.868 times |
| 17 Wed Apr 2024 | 31.88 | 32.78 | 33.52 | 31.74 | 1.038 times |
| 16 Tue Apr 2024 | 32.25 | 31.35 | 32.33 | 31.01 | 1.395 times |
| 15 Mon Apr 2024 | 31.35 | 31.38 | 32.03 | 30.96 | 1.111 times |
| 12 Fri Apr 2024 | 31.51 | 31.74 | 32.35 | 30.95 | 1.236 times |
| 11 Thu Apr 2024 | 31.94 | 32.15 | 32.73 | 31.68 | 0.955 times |
My analysis of stock is bearish for shortterm, and stock might move down till 31.6 or till 29.2. Use a stoploss of 33.59 and if the stock hits stoploss, then it can shoot up till 35.59
Share price targets for Medifast Inc (MED)
| Target Type | Value |
| Downside Target | 30.95 |
| Downside Target | 31.88 |
| Downside Target | 33.52 |
| Upside Target | 34.93 |
| Upside Target | 38.22 |
| Upside Target | 39.14 |
| Upside Target | 40.81 |
| Upside Target | 51.44 |
| Upside Target | 56.52 |
| Upside Target | 62.15 |
| Upside Target | 70.58 |
| Upside Target | 76.42 |
Intraday share price targets for Medifast Inc (MED)
| Target Type | Value |
| Downside Intraday Target | 32.36 |
| Downside Intraday Target | 31.16 |
| Upside Intraday Target | 34.29 |
| Upside Intraday Target | 35.02 |
| Downside Intraday Target | 33.09 |
Weekly technical analysis of Medifast Inc (MED)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Apr 2024 | 33.57 | 32.45 | 33.81 | 31.88 | 0.432 times |
| 19 Fri Apr 2024 | 32.44 | 31.38 | 33.52 | 30.96 | 0.966 times |
| 12 Fri Apr 2024 | 31.51 | 33.27 | 34.93 | 30.95 | 1.21 times |
| 05 Fri Apr 2024 | 32.83 | 38.48 | 38.56 | 32.38 | 0.928 times |
| 28 Thu Mar 2024 | 38.32 | 35.05 | 39.14 | 35.05 | 0.871 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 |
| 24 Wed Apr 2024 | 33.57 | 38.48 | 38.56 | 30.95 | 0.656 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 | 1.039 times |
| 31 Wed Jan 2024 | 54.65 | 67.22 | 70.58 | 51.44 | 1.351 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Medifast Inc ( (MED) ) based on a short 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 short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining 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 below 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 and selling is picking up 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 32.23 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.
Price action analysis of Medifast Inc ( (MED) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Medifast Inc ( (MED) ) based on a short 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 short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 gaining 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 below 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 and selling is picking up 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 32.23 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.