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(MDGL) Madrigal Pharmaceuticals complete technical analysis [charts+indicators] | Buy/Sell Madrigal Pharmaceuticals | (MDGL) share price targets

Complete technical analysis of Madrigal Pharmaceuticals (MDGL) by charts plus indicators, forecast predictions and share price targets for Madrigal Pharmaceuticals (MDGL)

Madrigal Pharmaceuticals trades in USA in Health Care sector.

10 day averaged volume of Madrigal Pharmaceuticals is 410891

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 236.16 226.29 236.72 221.88 0.848 times
30 Thu May 2024 225.49 225.89 228.88 223.72 0.57 times
29 Wed May 2024 222.51 220.50 224.55 219.39 0.642 times
28 Tue May 2024 223.29 233.55 233.55 222.72 1.967 times
23 Thu May 2024 234.85 235.19 239.03 226.78 1.088 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 233.2, but if it comes below 233.2, then a intra day sell could be more profitable.
If you take a sell trade below 233.2, then use 233.2 as stoploss and 222.14 as target. However if you take a buy trade in stock , then use 233.2 as stoploss and 246.4 as target.

Share price targets for Madrigal Pharmaceuticals (MDGL)

Target Type Value
Downside Target 168.25
Downside Target 189.00
Downside Target 200.08
Downside Target 205.99
Downside Target 218.90
Downside Target 234.47
Upside Target 236.72
Upside Target 245.17
Upside Target 250.34
Upside Target 261.99
Upside Target 268.04
Upside Target 299.98

Intraday share price targets for Madrigal Pharmaceuticals (MDGL)

Target Type Value
Downside Intraday Target 224.79
Downside Intraday Target 213.43
Upside Intraday Target 242.12
Upside Intraday Target 248.09
Downside Intraday Target 230.76

Weekly technical analysis of Madrigal Pharmaceuticals (MDGL)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 236.16 233.55 236.72 219.39 0.834 times
23 Thu May 2024 234.85 221.69 250.34 218.90 1.42 times
17 Fri May 2024 220.06 208.78 221.52 205.99 0.561 times
10 Fri May 2024 205.25 231.95 236.65 200.08 1.177 times
03 Fri May 2024 229.84 194.39 234.47 191.18 0.736 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Madrigal Pharmaceuticals (MDGL)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 236.16 203.36 250.34 200.08 0.983 times
30 Tue Apr 2024 204.02 267.28 268.04 189.00 0.623 times
28 Thu Mar 2024 267.04 237.38 299.98 236.62 1.022 times
29 Thu Feb 2024 236.20 218.87 261.99 168.25 2.3 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Madrigal Pharmaceuticals (MDGL)

Indicator Name Indicator Value Indicator Signal
ADX 33, 17, 33 Buy
MACD 2, -1Buy
Stochastics 45None
CCI 41Buy
RSI 52Buy
OBV -488405Sell
VWAP 230Buy
ADL 0Sell
ROC 12Buy
Force Index 0Sell

Price action analysis of Madrigal Pharmaceuticals ( (MDGL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Madrigal Pharmaceuticals ( (MDGL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Madrigal Pharmaceuticals ( (MDGL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Madrigal Pharmaceuticals ( (MDGL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Madrigal Pharmaceuticals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Madrigal Pharmaceuticals in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Madrigal Pharmaceuticals Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Madrigal Pharmaceuticals in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Madrigal Pharmaceuticals is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 230.08 and Madrigal Pharmaceuticals (MDGL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Madrigal Pharmaceuticals (MDGL) stock. Volume based technical analysis of Madrigal Pharmaceuticals (MDGL) stock is negative.

Madrigal Pharmaceuticals Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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