MEDIFAST INC (MED) Stock Technical Analysis
NYSE:MED - US58470H1014 - Common Stock
13.8 USD
+0.13 (+0.95%)
13.8 USD
0 (0%)
Taking everything into account, MED scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. MED was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MED is a bad performer in the overall market: 84% of all stocks are doing better.
MED is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
MED is part of the Personal Care Products industry. There are 36 other stocks in this industry, MED did better than 42% of them.
In the last month MED has a been trading in the 12.85 - 14.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MED has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 13.79, a Stop Loss order could be placed below this zone.
More info and screens
11.79
15.38
5 important support areas can be observed.
- A support zone ranging from 13.76 to 13.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.98 to 13.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.72 from a horizontal line in the daily time frame.
- Support @12.47 from a horizontal line in the daily time frame.
- A support zone ranging from 11.91 to 11.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 13.81 to 13.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.50 to 14.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.91 to 15.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MED is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MED is neutral. |
| ChartMill Relative Strength | 16.06 | NEGATIVE | MED has a low relative strength, it was outperformed by 83.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MED is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MED is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MED is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.16 | NEUTRAL | The RSI value for MED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MED has a negative trend. |
| Stochastics (14,3) | 31.29 | NEUTRAL | The Stochastics value for MED is a neutral value. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for MED suggests some volalility. |
| Average Directional Index/ADX (14) | 22.38 | NEUTRAL | The ADX value for MED suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
13.8
+0.13 (+0.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg0.95%
1 Week-0.86%
2 Weeks-2.06%
1 Month7.56%
3 Month6.32%
6 Month-1%
12 Month-26.98%
2 Year-81.56%
3 Year-87.26%
5 Year-91.61%
10 Year-48.62%
15 Year-49.13%
Volatility
ATR(14)0.46
ATR(20)%3.66%
ATR Inc-26.99%
Range Today0.38
ADR(20)0.48
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.06
Mansfield-1.82
10 Day High14.32
10 Day Low13.37
20 Day High14.42
20 Day Low12.85
52 Week High21.98
52 Week Low11.57
CS1 End13.79
CR1 Start13.81
Volume & EV
DER(3)1.68%
DER(5)2.68%
Volume114.20K
Volume Incr-41.4%
Vol(5)115.32K
Vol(50)190.01K