MEDIFAST INC (MED) Stock Technical Analysis
USA - NYSE:MED - US58470H1014 - Common Stock
Taking everything into account, MED scores 0 out of 10 in our technical rating. MED's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of MED is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.67
We found 1 important support area.
- A support zone ranging from 11.79 to 11.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 12.19 to 12.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 13.31 to 13.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.05 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.29 to 14.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @15.04 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The short term trend for MED is down. |
| ChartMill Relative Strength | 12.47 | NEGATIVE | MED has a low relative strength, it was outperformed by 87.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MED is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MED is below a declining 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) | 30.05 | NEUTRAL | The RSI value for MED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests MED has a negative trend. |
| Stochastics (14,3) | 31.62 | NEUTRAL | The Stochastics value for MED is a neutral value. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for MED suggests some volalility. |
| Average Directional Index/ADX (14) | 21.06 | NEUTRAL | The ADX value for MED suggests a possible start of a new trend. |
11.8
-0.38 (-3.12%)
MEDIFAST INC / MED FAQ
What is the ChartMill technical rating of MEDIFAST INC (MED) stock?
ChartMill assigns a technical rating of 0 / 10 to MED.
What is the trend direction for MED stock?
The current trend direction for MEDIFAST INC (MED) is Bearish.
What is the RSI signal for MED stock?
MEDIFAST INC (MED) has an RSI value of 30.0457. This indicates that the stock is currently neutral.
What is the MACD signal for MED stock?
The MACD indicator for MEDIFAST INC (MED) has a value of -0.0461829, indicating a bearish trend.
Can you provide the support and resistance levels for MEDIFAST INC?
MEDIFAST INC (MED) has a support level at 11.79 and a resistance level at 12.19. Check the full technical report for our detailed analysis of MED support and resistance levels.