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Stock Trend Analysis Report
Prepared for you on Thursday, December 5, 2024.
MEDIFAST INC (NYSE:MED)
Bull Market Weakness (+75) - MED is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MED as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for MED
The long-term trend has been DOWN since Sep 22nd, 2023 at 77.67
The intermediate-term trend has been UP since Dec 3rd, 2024 at 19.96
The short-term trend has been UP since Dec 5th, 2024 at 19.97
Smart Scan Analysis for MED
Based on our trend formula, MED is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.57 | 20.14 | 19.30 | 20.00 | +0.26 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.74 | 226762 | 2024-12-05 15:59:26 |
| Year High | 260.98 | Year High Date | 2018-09-13 |
| Year Low | 61.96 | Year Low Date | 2018-03-01 |
| 52wk High | 76.42 | 52wk High Date | 2023-12-12 |
| 52wk Low | 17.0692 | 52wk Low Date | 2024-10-15 |
| Year End Close | 26.39 | Average Volume | 206,418 |
| Shares Outstanding | 10,938 | Short Interest | 1,461,718 |
| % Institutional | 65.6 | Market Cap | 1,259M |
| Assets | 291,237,000M | Liabilities | 83,895,000M |
| P/E Ratio | 29.9091 | Beta | 1.13 |
| Volatility | 105.8 |