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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.

Showing technical analysis as on 2024-07-16 View latest technical analysis

10 day averaged volume of Madrigal Pharmaceuticals is 235390

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	273.72	281.77	286.01	273.42	1.305 times
15 Mon Jul 2024	279.95	286.56	287.50	275.94	1.572 times
12 Fri Jul 2024	285.86	292.37	298.00	280.60	1.781 times
11 Thu Jul 2024	290.32	290.99	293.27	280.02	1.451 times
10 Wed Jul 2024	284.37	294.62	294.62	283.02	0.72 times
09 Tue Jul 2024	292.96	289.75	295.48	288.21	0.917 times
08 Mon Jul 2024	290.74	278.88	292.07	277.48	1.513 times
05 Fri Jul 2024	276.55	271.75	278.44	269.01	0.626 times
03 Wed Jul 2024	271.67	273.81	273.81	268.60	0.329 times
03 Wed Jul 2024	271.67	273.81	273.81	268.60	0.329 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 273 as stoploss in an intra day buy trade for a target of 279.81. However, stock will show a bearish move below 273.

Share price targets for Madrigal Pharmaceuticals (MDGL)

Target Type	Value
Downside Target	189.00
Downside Target	200.08
Downside Target	208.60
Downside Target	236.62
Downside Target	250.34
Downside Target	267.51
Upside Target	282.54
Upside Target	287.50
Upside Target	288.25
Upside Target	295.50
Upside Target	298.00
Upside Target	299.98

Intraday share price targets for Madrigal Pharmaceuticals (MDGL)

Target Type	Value
Downside Intraday Target	268.93
Downside Intraday Target	264.13
Upside Intraday Target	283.01
Upside Intraday Target	292.29
Upside Intraday Target	278.21

Weekly technical analysis of Madrigal Pharmaceuticals (MDGL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	273.72	286.56	287.50	273.42	0.451 times
12 Fri Jul 2024	285.86	278.88	298.00	277.48	6.685 times
05 Fri Jul 2024	276.55	273.81	278.44	268.60	0.411 times
03 Wed Jul 2024	271.67	277.02	282.54	268.60	0.261 times
28 Fri Jun 2024	280.16	278.42	288.25	267.51	1.609 times

Price has moved down 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
16 Tue Jul 2024	273.72	277.02	298.00	268.60	0.243 times
28 Fri Jun 2024	280.16	237.73	295.50	208.60	1.372 times
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

Scroll below to view daily charts

Price has moved down 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)

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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Madrigal Pharmaceuticals ( (MDGL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Madrigal Pharmaceuticals ( (MDGL) ) based on a mid to longer 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.

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

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

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Madrigal Pharmaceuticals in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 283.87 and Madrigal Pharmaceuticals (MDGL) stock is trading below this level. This means that stock is falling with high volumes. 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 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.