Medifast (MED, $14.29) price may climb as it broke lower Bollinger Band on Feb 19, 2025

#OtherConsumerServices, #TechnicalAnalysis, #Bollinger, #Bullish, #Stocks, #SmallCap, #Russel2000
MED - Medifast
Bollinger signal
Bullish Trend
72%
Odds of UP Trend
Price: $14.29
Daily change: -$1.84 (-11.41%)
Daily volume: 682.4K
Capitalization: $156.3M
Industry: Other Consumer Services

This price move could be a signal that MED may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. A.I.dvisor backtested 47 similar cases where MED's price broke its lower Bollinger Band, and 34 of them led to a successful outcome. Odds of Success: 72%.