Technical Analysis for MED - MEDIFAST INC

Grade Last Price % Change Price Change
F 25.00 -1.42% -0.36
MED closed down 1.42 percent on Friday, May 17, 2024, on 62 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bullish Signal Line Cross Bullish -1.42%
Inside Day Range Contraction -1.42%
Wide Bands Range Expansion -1.42%
Oversold Stochastic Weakness -1.42%
Wide Bands Range Expansion -1.42%

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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 Meal Replacement Weight Management 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 107.2847
52 Week Low 24.58
Average Volume 463,852
200-Day Moving Average 59.05
50-Day Moving Average 32.11
20-Day Moving Average 28.13
10-Day Moving Average 25.39
Average True Range 1.69
RSI (14) 33.33
ADX 27.09
+DI 16.00
-DI 26.45
Chandelier Exit (Long, 3 ATRs) 31.22
Chandelier Exit (Short, 3 ATRs) 29.66
Upper Bollinger Bands 35.61
Lower Bollinger Band 20.66
Percent B (%b) 0.29
BandWidth 53.14
MACD Line -2.35
MACD Signal Line -2.43
MACD Histogram 0.0829
Fundamentals Value
Market Cap 272.32 Million
Num Shares 10.9 Million
EPS 10.98
Price-to-Earnings (P/E) Ratio 2.28
Price-to-Sales 0.49
Price-to-Book 3.02
PEG Ratio 1.95
Dividend 6.59
Dividend Yield 26.36%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 26.04
Resistance 3 (R3) 26.11 25.84 25.87
Resistance 2 (R2) 25.84 25.57 25.80 25.81
Resistance 1 (R1) 25.42 25.41 25.28 25.35 25.75
Pivot Point 25.14 25.14 25.08 25.11 25.14
Support 1 (S1) 24.73 24.88 24.59 24.65 24.25
Support 2 (S2) 24.45 24.72 24.42 24.19
Support 3 (S3) 24.03 24.45 24.13
Support 4 (S4) 23.96