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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 350350

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	218.38	212.82	225.66	210.10	1.169 times
22 Mon Apr 2024	213.49	205.19	217.14	197.43	2.076 times
19 Fri Apr 2024	212.04	221.85	224.68	206.03	1.784 times
18 Thu Apr 2024	222.26	227.78	227.90	220.74	0.768 times
17 Wed Apr 2024	228.34	235.91	235.91	224.39	0.716 times
16 Tue Apr 2024	232.98	228.03	235.92	222.90	0.982 times
15 Mon Apr 2024	231.37	237.00	242.99	228.82	0.922 times
12 Fri Apr 2024	236.59	243.09	245.36	236.49	0.842 times
11 Thu Apr 2024	245.27	245.08	248.63	243.25	0.618 times
10 Wed Apr 2024	244.67	242.00	246.23	241.48	0.646 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 224.9, but if it comes above 224.9, then a intra day buy could be more profitable.
If you take a sell trade below 224.9, then use 224.9 as stoploss and 207.5 as target. However if you take a buy trade in stock , then use 224.9 as stoploss and 239.34 as target.

Share price targets for Madrigal Pharmaceuticals (MDGL)

Target Type	Value
Downside Target	168.25
Downside Target	194.88
Downside Target	206.03
Upside Target	225.66
Upside Target	236.49
Upside Target	245.31
Upside Target	253.48
Upside Target	261.99
Upside Target	268.04
Upside Target	268.22
Upside Target	299.98

Intraday share price targets for Madrigal Pharmaceuticals (MDGL)

Target Type	Value
Downside Intraday Target	201.99
Downside Intraday Target	185.59
Upside Intraday Target	230.22
Upside Intraday Target	242.05
Downside Intraday Target	213.82

Weekly technical analysis of Madrigal Pharmaceuticals (MDGL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	218.38	205.19	225.66	197.43	0.627 times
19 Fri Apr 2024	212.04	237.00	242.99	206.03	1.506 times
12 Fri Apr 2024	236.59	245.84	253.48	236.49	0.52 times
05 Fri Apr 2024	243.04	267.28	268.04	238.27	1.528 times
28 Thu Mar 2024	267.04	248.85	268.22	244.81	0.436 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
23 Tue Apr 2024	218.38	267.28	268.04	197.43	0.448 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	2.212 times
31 Wed Jan 2024	216.71	229.65	245.17	208.99	0.763 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 to mid 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

Madrigal Pharmaceuticals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

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 224.45 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 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.