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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 2024-12-17 View latest technical analysis

10 day averaged volume of Madrigal Pharmaceuticals is 334448

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	306.08	306.38	315.09	305.00	1.393 times
16 Mon Dec 2024	310.99	305.94	312.27	301.93	0.81 times
13 Fri Dec 2024	304.50	301.12	308.65	295.02	0.954 times
12 Thu Dec 2024	302.47	306.21	311.77	302.47	0.96 times
11 Wed Dec 2024	306.55	315.87	315.87	306.00	0.58 times
10 Tue Dec 2024	312.77	321.31	323.75	311.57	0.62 times
09 Mon Dec 2024	318.44	319.19	321.73	308.55	0.883 times
26 Tue Nov 2024	336.74	347.04	347.06	329.67	1.145 times
26 Tue Nov 2024	336.74	347.04	347.06	329.67	1.145 times
25 Mon Nov 2024	345.18	347.34	351.80	340.43	1.291 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 302.4 as stoploss in an intra day buy trade for a target of 318.85. However, stock will show a bearish move below 302.4.

Share price targets for Madrigal Pharmaceuticals (MDGL)

Target Type	Value
Downside Target	200.63
Downside Target	208.94
Downside Target	225.51
Downside Target	250.00
Downside Target	262.85
Downside Target	288.80
Downside Target	301.93
Upside Target	315.09
Upside Target	323.75
Upside Target	329.67
Upside Target	347.06
Upside Target	351.07
Upside Target	351.80
Upside Target	368.29

Intraday share price targets for Madrigal Pharmaceuticals (MDGL)

Target Type	Value
Downside Intraday Target	300.31
Downside Intraday Target	294.54
Upside Intraday Target	313.47
Upside Intraday Target	320.86
Upside Intraday Target	307.7

Weekly technical analysis of Madrigal Pharmaceuticals (MDGL)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	306.08	305.94	315.09	301.93	0.551 times
13 Fri Dec 2024	304.50	319.19	323.75	295.02	3.49 times
26 Tue Nov 2024	336.74	347.04	347.06	329.67	0.47 times
26 Tue Nov 2024	336.74	347.34	351.80	329.67	0.381 times
22 Fri Nov 2024	347.45	290.25	351.07	288.80	0.834 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 Tue Dec 2024	306.08	319.19	323.75	295.02	0.166 times
26 Tue Nov 2024	336.74	274.98	368.29	262.85	1.642 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 SELL. 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 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 green color and prices are in or below the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 319.89 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 positive

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