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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.

10 day averaged volume of Medifast Inc is 355150

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	33.42	32.34	33.63	32.29	0.813 times
22 Mon Apr 2024	32.60	32.45	32.75	31.88	0.805 times
19 Fri Apr 2024	32.44	32.26	33.00	32.11	0.812 times
18 Thu Apr 2024	32.47	32.05	32.66	31.71	0.856 times
17 Wed Apr 2024	31.88	32.78	33.52	31.74	1.024 times
16 Tue Apr 2024	32.25	31.35	32.33	31.01	1.376 times
15 Mon Apr 2024	31.35	31.38	32.03	30.96	1.096 times
12 Fri Apr 2024	31.51	31.74	32.35	30.95	1.219 times
11 Thu Apr 2024	31.94	32.15	32.73	31.68	0.942 times
10 Wed Apr 2024	31.89	33.09	33.20	31.61	0.923 times

My analysis of stock is bearish for shortterm, and stock might move down till 31.6 or till 29. Use a stoploss of 33.76 and if the stock hits stoploss, then it can shoot up till 35.9

Share price targets for Medifast Inc (MED)

Target Type	Value
Downside Target	30.95
Downside Target	31.88
Upside 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	32.32
Downside Intraday Target	31.23
Upside Intraday Target	34.07
Upside Intraday Target	34.73
Downside Intraday Target	32.98

Weekly technical analysis of Medifast Inc (MED)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	33.42	32.45	33.63	31.88	0.313 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
23 Tue Apr 2024	33.42	38.48	38.56	30.95	0.632 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 32.12 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.