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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 388400

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 220.06 217.53 221.52 215.02 0.609 times
16 Thu May 2024 217.17 211.89 217.68 210.75 0.606 times
15 Wed May 2024 211.73 217.46 219.62 210.05 1.011 times
14 Tue May 2024 210.98 214.52 219.76 209.84 0.675 times
13 Mon May 2024 211.32 208.78 217.04 205.99 0.695 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 221.6 as stoploss in an intra day sell trade for a target of 211.54. However, stock will show a bullish move above 221.6.

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
Upside Target 221.52
Upside Target 234.47
Upside Target 236.65
Upside Target 242.99
Upside Target 245.17
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 210.19
Downside Intraday Target 200.33
Upside Intraday Target 225.72
Upside Intraday Target 231.39
Downside Intraday Target 215.86

Weekly technical analysis of Madrigal Pharmaceuticals (MDGL)

Date Weekly Closing Price Open High Low Volume
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
26 Fri Apr 2024 193.33 205.19 225.66 189.00 1.586 times
19 Fri Apr 2024 212.04 237.00 242.99 206.03 1.506 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
17 Fri May 2024 220.06 203.36 236.65 200.08 0.579 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 24, 21, 6 Buy
MACD -8, -11Buy
Stochastics 44None
CCI 46Buy
RSI 45Sell
OBV 119802Sell
VWAP 215Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Madrigal Pharmaceuticals ( (MDGL) ) based on a short 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 short 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 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 Weak and stock is gaining momentum.

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

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 SELL signal in short term and selling is picking up 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 214.85 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 falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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

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