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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.

Showing technical analysis as on 2024-03-11 View latest technical analysis

10 day averaged volume of Medifast Inc is 358120

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	37.66	39.53	40.11	37.60	0.933 times
08 Fri Mar 2024	39.66	38.58	40.32	38.58	1.158 times
07 Thu Mar 2024	38.09	38.32	38.98	37.60	0.925 times
06 Wed Mar 2024	38.04	39.18	39.25	38.04	0.883 times
05 Tue Mar 2024	38.83	39.20	40.21	38.60	0.928 times
04 Mon Mar 2024	39.50	40.20	40.66	39.21	0.924 times
01 Fri Mar 2024	40.44	40.29	40.81	38.65	0.909 times
29 Thu Feb 2024	40.09	40.40	41.34	39.66	1.11 times
28 Wed Feb 2024	40.57	41.32	41.60	40.30	0.993 times
27 Tue Feb 2024	41.75	41.10	42.68	40.54	1.148 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 37.6 as stoploss in an intra day buy trade for a target of 43.42. However, stock will show a bearish move below 37.6.

Share price targets for Medifast Inc (MED)

Target Type	Value
Downside Target	37.60
Upside Target	40.11
Upside Target	42.68
Upside Target	49.89
Upside Target	51.44
Upside Target	56.52
Upside Target	61.94
Upside Target	62.15
Upside Target	70.58
Upside Target	72.17
Upside Target	76.42

Intraday share price targets for Medifast Inc (MED)

Target Type	Value
Downside Intraday Target	36.8
Downside Intraday Target	35.95
Upside Intraday Target	39.31
Upside Intraday Target	40.97
Upside Intraday Target	38.46

Weekly technical analysis of Medifast Inc (MED)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Mar 2024	37.66	39.53	40.11	37.60	0.194 times
08 Fri Mar 2024	39.66	40.20	40.66	37.60	0.93 times
01 Fri Mar 2024	40.44	40.61	42.68	38.65	0.591 times
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

Price has moved down 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
11 Mon Mar 2024	37.66	40.29	40.81	37.60	0.32 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
29 Fri Dec 2023	67.22	66.30	76.42	62.15	1.304 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 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 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 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 and selling is picking up 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 39.54 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.