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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 2024-11-08 View latest technical analysis

10 day averaged volume of Madrigal Pharmaceuticals is 879520

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	350.70	356.71	357.05	343.00	0.517 times
07 Thu Nov 2024	354.85	339.38	368.29	337.50	0.768 times
06 Wed Nov 2024	338.22	341.59	345.04	327.69	0.674 times
05 Tue Nov 2024	337.61	331.00	337.63	316.67	0.879 times
04 Mon Nov 2024	331.32	320.00	337.44	310.02	1.184 times
01 Fri Nov 2024	319.58	274.98	321.19	262.85	3.475 times
31 Thu Oct 2024	259.34	245.66	263.54	238.04	1.539 times
30 Wed Oct 2024	215.93	214.85	218.40	213.71	0.355 times
29 Tue Oct 2024	217.79	215.04	218.43	214.20	0.245 times
28 Mon Oct 2024	217.00	210.32	217.19	210.32	0.238 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 310.3, but if it comes below 310.3, then a intra day sell could be more profitable.
If you take a sell trade below 310.3, then use 310.3 as stoploss and 252.15 as target. However if you take a buy trade in stock , then use 310.3 as stoploss and 380 as target.

Share price targets for Madrigal Pharmaceuticals (MDGL)

Target Type	Value
Downside Target	200.63
Downside Target	204.67
Downside Target	218.55
Downside Target	250.00
Downside Target	262.85
Downside Target	265.36
Downside Target	290.93
Downside Target	298.00
Downside Target	310.02
Downside Target	321.19
Upside Target	368.29

Intraday share price targets for Madrigal Pharmaceuticals (MDGL)

Target Type	Value
Downside Intraday Target	317.72
Downside Intraday Target	284.73
Upside Intraday Target	375.99
Upside Intraday Target	401.27
Downside Intraday Target	343

Weekly technical analysis of Madrigal Pharmaceuticals (MDGL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	350.70	320.00	368.29	310.02	0.687 times
01 Fri Nov 2024	319.58	210.32	321.19	210.32	3.105 times
25 Fri Oct 2024	210.67	213.01	213.02	200.63	1.405 times
18 Fri Oct 2024	214.44	213.07	218.55	208.53	0.669 times
11 Fri Oct 2024	214.15	209.30	221.30	204.67	1.27 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
08 Fri Nov 2024	350.70	274.98	368.29	262.85	0.867 times
31 Thu Oct 2024	259.34	212.22	263.54	200.63	1.514 times
30 Mon Sep 2024	212.22	246.32	250.00	208.94	0.76 times
30 Fri Aug 2024	247.13	283.89	290.93	225.51	1.136 times

Scroll below to view daily charts

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)

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 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 Strong and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Madrigal Pharmaceuticals in short term but SELL signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 310.13 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.