(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 2024-02-22 View latest technical analysis
10 day averaged volume of Medifast Inc is 386690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 40.00 | 40.07 | 41.00 | 38.22 | 1.854 times |
| 21 Wed Feb 2024 | 40.38 | 44.49 | 44.72 | 38.79 | 3.207 times |
| 20 Tue Feb 2024 | 48.93 | 49.90 | 49.90 | 47.21 | 1.594 times |
| 16 Fri Feb 2024 | 49.99 | 51.20 | 52.22 | 49.89 | 0.923 times |
| 15 Thu Feb 2024 | 51.46 | 52.50 | 52.96 | 51.21 | 0.762 times |
| 14 Wed Feb 2024 | 52.68 | 53.60 | 53.80 | 51.66 | 0.56 times |
| 13 Tue Feb 2024 | 52.88 | 53.99 | 55.19 | 52.20 | 0.723 times |
| 12 Mon Feb 2024 | 56.13 | 53.52 | 56.52 | 53.52 | 0.642 times |
| 09 Fri Feb 2024 | 53.53 | 54.30 | 54.80 | 52.96 | 0.704 times |
| 08 Thu Feb 2024 | 54.68 | 53.91 | 54.88 | 53.76 | 0.383 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 42.4, for a target of 47.8 or 52.27
Share price targets for Medifast Inc (MED)
| Target Type | Value |
| Downside Target | 38.22 |
| Upside Target | 49.89 |
| Upside Target | 51.44 |
| Upside Target | 54.88 |
| Upside Target | 56.20 |
| Upside Target | 61.94 |
| Upside Target | 62.15 |
| Upside Target | 68.44 |
| Upside Target | 70.58 |
| Upside Target | 72.17 |
| Upside Target | 76.42 |
| Upside Target | 77.69 |
Intraday share price targets for Medifast Inc (MED)
| Target Type | Value |
| Downside Intraday Target | 35.51 |
| Downside Intraday Target | 31.03 |
| Upside Intraday Target | 47.19 |
| Upside Intraday Target | 54.39 |
| Upside Intraday Target | 42.71 |
Weekly technical analysis of Medifast Inc (MED)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Feb 2024 | 40.00 | 49.90 | 49.90 | 38.22 | 1.843 times |
| 16 Fri Feb 2024 | 49.99 | 53.52 | 56.52 | 49.89 | 1.373 times |
| 09 Fri Feb 2024 | 53.53 | 52.64 | 54.88 | 51.67 | 0.958 times |
| 02 Fri Feb 2024 | 53.04 | 55.23 | 57.41 | 52.49 | 1.046 times |
| 26 Fri Jan 2024 | 55.23 | 53.82 | 56.20 | 52.89 | 0.378 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 |
| 22 Thu Feb 2024 | 40.00 | 55.08 | 56.52 | 38.22 | 0.747 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 |
| 30 Thu Nov 2023 | 66.38 | 69.00 | 72.17 | 61.94 | 1.168 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 gaining momentum.
MACD generated a SELL signal for Medifast Inc in short term and the sell signal is strong.
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 coming down
CCI has generated a SELL signal for Medifast Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 46.64 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 gaining momentum.
MACD generated a SELL signal for Medifast Inc in short term and the sell signal is strong.
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 coming down
CCI has generated a SELL signal for Medifast Inc in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 46.64 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.