Stock Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
Medifast, Inc (NYSE:MED)
Weak Downtrend (-65) - MED is showing signs of a strengthening downtrend. Monitor MED as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for MED
The long-term trend has been UP since Jun 1st, 2020 at 102.80
The intermediate-term trend has been DOWN since Jun 8th, 2021 at 297.61
The short-term trend has been DOWN since Jun 2nd, 2021 at 326.00
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).
|Year High||260.98||Year High Date||2018-09-13|
|Year Low||61.96||Year Low Date||2018-03-01|
|52wk High||336.99||52wk High Date||2021-05-28|
|52wk Low||103.49||52wk Low Date||2020-06-15|
|Year End Close||26.39||Average Volume||124,953|
|Shares Outstanding||11,761||Short Interest||1,461,718|
|% Institutional||65.6||Market Cap||1,259M|