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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
MEDIFAST INC (NYSE:MED)
Sidelines Mode (-55) - MED is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 77.670
The intermediate-term trend has been DOWN since Apr 30th, 2024 at 30.950
The short-term trend has been UP since Jul 25th, 2024 at 19.076
Smart Scan Analysis for MED
Based on our trend formula, MED is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.91 | 20.60 | 19.55 | 20.50 | +0.97 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.53 | 239823 | 2024-07-26 15:59:53 |
| Year High | 260.98 | Year High Date | 2018-09-13 |
| Year Low | 61.96 | Year Low Date | 2018-03-01 |
| 52wk High | 109.52 | 52wk High Date | 2023-07-28 |
| 52wk Low | 17.86 | 52wk Low Date | 2024-07-22 |
| Year End Close | 26.39 | Average Volume | 409,515 |
| Shares Outstanding | 10,937 | Short Interest | 1,461,718 |
| % Institutional | 65.6 | Market Cap | 1,259M |
| Assets | 302,759,000M | Liabilities | 91,798,000M |
| P/E Ratio | 3.15 | Beta | 1.13 |
| Volatility | 105.8 |