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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 2024-02-29 View latest technical analysis

10 day averaged volume of Madrigal Pharmaceuticals is 497160

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	236.20	259.11	261.99	235.50	1.03 times
28 Wed Feb 2024	254.23	239.10	254.29	237.69	0.98 times
27 Tue Feb 2024	239.80	233.85	242.97	233.06	0.726 times
26 Mon Feb 2024	232.57	221.00	241.69	214.00	1.573 times
23 Fri Feb 2024	236.54	249.36	249.98	235.08	0.944 times
22 Thu Feb 2024	248.53	230.47	253.00	230.47	1.191 times
21 Wed Feb 2024	228.24	228.97	235.09	225.02	0.841 times
20 Tue Feb 2024	229.71	232.85	239.00	227.00	0.675 times
16 Fri Feb 2024	233.13	219.35	241.87	219.35	1.222 times
15 Thu Feb 2024	222.22	217.54	223.51	214.00	0.776 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 241.4 as stoploss in an intra day sell trade for a target of 221.05. However, stock will show a bullish move above 241.4.

Share price targets for Madrigal Pharmaceuticals (MDGL)

Target Type	Value
Downside Target	119.76
Downside Target	130.78
Downside Target	151.98
Downside Target	168.25
Downside Target	191.30
Downside Target	208.51
Downside Target	214.00
Downside Target	225.02
Upside Target	241.87
Upside Target	245.17
Upside Target	245.31
Upside Target	253.00
Upside Target	261.99

Intraday share price targets for Madrigal Pharmaceuticals (MDGL)

Target Type	Value
Downside Intraday Target	212.8
Downside Intraday Target	189.41
Upside Intraday Target	260.79
Upside Intraday Target	285.39
Upside Intraday Target	237.4

Weekly technical analysis of Madrigal Pharmaceuticals (MDGL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	236.20	221.00	261.99	214.00	1.18 times
23 Fri Feb 2024	236.54	232.85	253.00	225.02	0.575 times
16 Fri Feb 2024	233.13	192.90	241.87	191.30	0.481 times
09 Fri Feb 2024	189.88	217.51	227.16	168.25	5.675 times
02 Fri Feb 2024	220.28	226.16	228.23	215.16	0.881 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
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
29 Fri Dec 2023	231.38	201.74	245.31	194.88	0.966 times
30 Thu Nov 2023	203.30	132.17	208.51	130.78	0.853 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining momentum.

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

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

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 236.59 and Madrigal Pharmaceuticals (MDGL) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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