(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 2024-02-23 View latest technical analysis
10 day averaged volume of Medifast Inc is 439020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 40.73 | 40.00 | 41.96 | 39.08 | 1.294 times |
| 22 Thu Feb 2024 | 40.00 | 40.07 | 41.00 | 38.22 | 1.633 times |
| 21 Wed Feb 2024 | 40.38 | 44.49 | 44.72 | 38.79 | 2.825 times |
| 20 Tue Feb 2024 | 48.93 | 49.90 | 49.90 | 47.21 | 1.404 times |
| 16 Fri Feb 2024 | 49.99 | 51.20 | 52.22 | 49.89 | 0.813 times |
| 15 Thu Feb 2024 | 51.46 | 52.50 | 52.96 | 51.21 | 0.671 times |
| 14 Wed Feb 2024 | 52.68 | 53.60 | 53.80 | 51.66 | 0.493 times |
| 13 Tue Feb 2024 | 52.88 | 53.99 | 55.19 | 52.20 | 0.637 times |
| 12 Mon Feb 2024 | 56.13 | 53.52 | 56.52 | 53.52 | 0.566 times |
| 09 Fri Feb 2024 | 53.53 | 54.30 | 54.80 | 52.96 | 0.62 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 40.4, for a target of 46.5 or 51.57
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 | 36 |
| Downside Intraday Target | 31.27 |
| Upside Intraday Target | 47.68 |
| Upside Intraday Target | 54.63 |
| Upside Intraday Target | 42.95 |
Weekly technical analysis of Medifast Inc (MED)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Fri Feb 2024 | 40.73 | 49.90 | 49.90 | 38.22 | 2.25 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 |
| 23 Fri Feb 2024 | 40.73 | 55.08 | 56.52 | 38.22 | 0.826 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 losing 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 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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 45.69 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 losing 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 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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 45.69 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.