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Stock Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

MEDIFAST INC (NYSE:MED)

Long-Term Downtrend (-90) - MED is in a strong downtrend that is likely to continue. While MED is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MED?

MarketClub looks at technical strength and momentum to determine if the timing is right for MED.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_MED
Open High Low MED Price Change
18.74 18.96 18.43 18.70 -0.08
Entry Signal

MarketClub’s Trade Triangles for MED

long term down The long-term trend has been DOWN since Sep 22nd, 2023 at 77.67

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2024 at 30.95

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 18.57

Smart Scan Analysis for MED

Based on our trend formula, MED is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18.74 18.96 18.43 18.70 -0.08
Prev. Close Volume Bid Ask Time
18.78 198575 2024-07-19 15:59:29
Year High260.98Year High Date2018-09-13
Year Low61.96Year Low Date2018-03-01
52wk High109.5252wk High Date2023-07-28
52wk Low17.8952wk Low Date2024-07-09
Year End Close26.39Average Volume710,509
Shares Outstanding10,937Short Interest1,461,718
% Institutional65.6Market Cap1,259M
Assets302,759,000MLiabilities91,798,000M
P/E Ratio3.029Beta1.13
Volatility105.8
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