MEDIFAST INC (MED) Technical Analysis
NYSE:MED • US58470H1014
Current stock price
10.36 USD
+0.26 (+2.57%)
At close:
10.36 USD
0 (0%)
After Hours:
MED Technical Rating and Analysis
Taking everything into account, MED scores 0 out of 10 in our technical rating. MED scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, MED is a bad performer in the overall market: 81% of all stocks are doing better.
- MED is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MED is lagging the market.
- MED is part of the Personal Care Products industry. There are 37 other stocks in this industry, MED did better than 69% of them.
- In the last month MED has a been trading in the 9.22 - 10.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MED Weekly and Daily overview Charts
MED Setup Rating and Analysis
Although the technical rating is bad, MED does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
MED Support and Resistance Analysis
9.42
12.48
When analyzing the support we notice one important area.
- A support zone ranging from 9.52 to 9.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.37 to 10.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 10.61 to 10.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.50 to 11.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.36 from a horizontal line in the daily time frame.
MED Technical Indicator Signal Analysis
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 | 19.43 | NEGATIVE | MED has a low relative strength, it was outperformed by 80.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MED is above 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) | 53.61 | NEUTRAL | The RSI value for MED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests MED has a positive trend. |
| Stochastics (14,3) | 90.43 | OVERBOUGHT | The high Stochastics value suggests MED may be overbought. |
| Average True Range in percent/ATR (20) | 3.85 | MEDIUM VOLATILITY | The ATR as a percentage value for MED suggests some volalility. |
| Average Directional Index/ADX (14) | 22.64 | NEUTRAL | The ADX value for MED suggests a possible start of a new trend. |
MED Chart- and CandleStick Pattern Analysis
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)
MED Technicals: Chart, Performance Metrics, Trend & Indicators
10.36
+0.26 (+2.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg2.57%
1 Week7.58%
2 Weeks2.88%
1 Month-4.07%
3 Month-0.38%
6 Month-25.95%
12 Month-21.46%
2 Year-62.37%
3 Year-88.7%
5 Year-95.44%
10 Year-67.14%
15 Year-47.54%
Volatility
ATR(14)0.35
ATR(20)%3.85%
ATR Inc-33.41%
Range Today0.36
ADR(20)0.39
ADR(20)%3.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.43
3 months CRS58.24
6 months CRS20.08
Mansfield-1.87
10 Day High10.36
10 Day Low9.45
20 Day High10.87
20 Day Low9.22
52 Week High15.46
52 Week Low9.22
CS1 End9.61
CR1 Start10.37
Volume & EV
DER(3)1.26%
DER(5)0.9%
Volume159.70K
Volume Incr-17.92%
Vol(5)230.08K
Vol(50)263.07K
MEDIFAST INC / MED TA FAQ
What is the ChartMill technical rating of MEDIFAST INC (MED) stock?
ChartMill assigns a technical rating of 0 / 10 to MED.
Can you provide the trend direction for MEDIFAST INC?
The current trend direction for MEDIFAST INC (MED) is Bearish.
What is the RSI signal for MEDIFAST INC (MED) stock?
MEDIFAST INC (MED) has an RSI value of 53.6073. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MEDIFAST INC?
The MACD indicator for MEDIFAST INC (MED) has a value of 0.0775348, indicating a bearish trend.