Technical Analysis for MED - MEDIFAST INC

Grade Last Price % Change Price Change
F 20.49 4.92% 0.96
MED closed up 4.92 percent on Friday, July 26, 2024, on 48 percent of normal volume.
Earnings due: Aug 5
*** please verify all earnings dates ***
3 Watchers
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Multiple of Ten Bullish Other 0.00%
Gapped Up Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 4.92%
Crossed Above 20 DMA Bullish 4.92%
Pocket Pivot Bullish Swing Setup 4.92%
Narrow Range Bar Range Contraction 8.76%
NR7 Range Contraction 9.40%
Narrow Range Bar Range Contraction 9.40%
Inside Day Range Contraction 9.40%

   Recent Intraday Alerts

Alert Time
Up 5% about 8 hours ago
Up 1 ATR about 8 hours ago
60 Minute Opening Range Breakout about 9 hours ago
60 Minute Opening Range Breakdown about 14 hours ago
Gap Up Partially Closed about 15 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 Cheese Nutrition Syrup Eggs Control Center Cracker Cakes 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 106.5921
52 Week Low 17.86
Average Volume 585,067
200-Day Moving Average 44.72
50-Day Moving Average 21.22
20-Day Moving Average 19.34
10-Day Moving Average 19.12
Average True Range 0.97
RSI (14) 54.34
ADX 15.61
+DI 28.52
-DI 22.87
Chandelier Exit (Long, 3 ATRs) 19.31
Chandelier Exit (Short, 3 ATRs) 20.76
Upper Bollinger Bands 21.16
Lower Bollinger Band 17.51
Percent B (%b) 0.82
BandWidth 18.85
MACD Line -0.55
MACD Signal Line -0.85
MACD Histogram 0.3001
Fundamentals Value
Market Cap 223.19 Million
Num Shares 10.9 Million
EPS 10.98
Price-to-Earnings (P/E) Ratio 1.87
Price-to-Sales 0.49
Price-to-Book 3.02
PEG Ratio 1.95
Dividend 6.59
Dividend Yield 32.16%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 22.07
Resistance 3 (R3) 21.93 21.26 21.80
Resistance 2 (R2) 21.26 20.86 21.33 21.71
Resistance 1 (R1) 20.88 20.61 21.07 21.02 21.63
Pivot Point 20.21 20.21 20.31 20.28 20.21
Support 1 (S1) 19.83 19.81 20.02 19.97 19.35
Support 2 (S2) 19.16 19.56 19.23 19.27
Support 3 (S3) 18.78 19.16 19.18
Support 4 (S4) 18.92