Technical Analysis for MED - MEDIFAST INC

Grade Last Price % Change Price Change
D 18.39 1.24% 0.23
MED closed up 4.85 percent on Wednesday, November 20, 2024, on approximately normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Bullish Engulfing Bullish 1.24%
Stochastic Buy Signal Bullish 1.24%
Oversold Stochastic Weakness 1.24%
MACD Bearish Centerline Cross Bearish 6.15%
Down 3 Days in a Row Weakness 6.15%
Down 4 Days in a Row Weakness 6.15%
Oversold Stochastic Weakness 6.15%
Stochastic Reached Oversold Weakness 4.64%
Down 3 Days in a Row Weakness 4.64%
Oversold Stochastic Weakness 4.64%

   Recent Intraday Alerts

Alert Time
20 DMA Resistance 15 minutes ago
50 DMA Resistance about 3 hours ago
10 DMA Resistance about 3 hours ago
60 Minute Opening Range Breakout about 4 hours ago
Rose Above 50 DMA about 4 hours ago

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Profile

MEDIFAST INC Description

Medifast, Inc., through its subsidiaries, engages in the production, distribution, and sale of weight loss and weight management products, and other consumable health and diet products. The company operates through two segments, Medifast, and Medifast Weight Control Centers and Wholesale. Its product lines include weight loss and management, meal replacement, and vitamins. The company offers crunch bars, shakes, hot drinks, cold drinks, bites, pretzels, puffs, brownies, soft bakes, cereal crunches, eggs, macaroni and cheese, oatmeal, pancakes, syrups, puddings, soft serves, soups, chili, soy crisps, crackers, and digestive health products under Medifast and Essential 1 brands, as well as for private label customers. It also operates and franchises Medifast weight control centers that offer programs for weight loss and maintenance, customized patient counseling, Inbody composition analysis, and monitoring with a BodyGem resting metabolic rate measurement device. As of December 31, 2012, Medifast, Inc. operated weight control centers in 87 locations in Pennsylvania, New Jersey, Delaware, Texas, Florida, Maryland, North Carolina, and Virginia; and 35 franchise centers. The company sells its products through various channels of distribution comprising the Internet, call center, independent health advisors, medical professionals, weight loss clinics, and direct consumer marketing. Medifast, Inc. was founded in 1980 and is headquartered in Owings Mills, Maryland.


Classification

Sector: Consumer Cyclical
Industry: Specialty Retail
Keywords: Drink Clinic Vitamins Health Products Obesity Soup Nutrition Cheese Syrup Eggs Cakes Control Center Cracker Pancake Weight Management Meal Replacement Weight Management Products Weight Loss Diets Macaroni And Cheese

Is MED a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 76.34
52 Week Low 17.0692
Average Volume 183,410
200-Day Moving Average 25.64
50-Day Moving Average 18.51
20-Day Moving Average 18.64
10-Day Moving Average 18.69
Average True Range 0.86
RSI (14) 46.81
ADX 15.52
+DI 21.22
-DI 24.58
Chandelier Exit (Long, 3 ATRs) 18.49
Chandelier Exit (Short, 3 ATRs) 19.66
Upper Bollinger Bands 20.37
Lower Bollinger Band 16.92
Percent B (%b) 0.36
BandWidth 18.49
MACD Line -0.09
MACD Signal Line 0.08
MACD Histogram -0.1729
Fundamentals Value
Market Cap 197.81 Million
Num Shares 10.9 Million
EPS 10.98
Price-to-Earnings (P/E) Ratio 1.65
Price-to-Sales 0.49
Price-to-Book 3.02
PEG Ratio 1.95
Dividend 6.59
Dividend Yield 36.29%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.72
Resistance 3 (R3) 19.57 18.89 19.46
Resistance 2 (R2) 18.89 18.50 18.97 19.37
Resistance 1 (R1) 18.53 18.25 18.71 18.68 19.29
Pivot Point 17.85 17.85 17.95 17.93 17.85
Support 1 (S1) 17.49 17.46 17.67 17.64 17.03
Support 2 (S2) 16.81 17.21 16.89 16.95
Support 3 (S3) 16.45 16.81 16.86
Support 4 (S4) 16.60