MED Makes Bullish Cross Above Critical Moving Average

In trading on Tuesday, shares of Medifast Inc (MED) crossed above their 200 day moving average of $26.46, changing hands as high as $26.56 per share. Medifast Inc shares are currently trading trading flat on the day. The chart below shows the one year performance of MED shares, versus its 200 day moving average:

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Medifast Inc 200 Day Moving Average Chart

Looking at the chart above, MED's low point in its 52 week range is $21.75 per share, with $33.29 as the 52 week high point — that compares with a last trade of $26.18.

According to the ETF Finder at ETF Channel, MED makes up 1.70% of the S&P SmallCap Consumer Staples Portfolio ETF ( PSCC) which is trading up by about 0.5% on the day Tuesday.

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