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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 574630

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	153.34	161.22	161.72	151.42	0.685 times
21 Thu Sep 2023	159.51	159.40	162.16	157.66	0.548 times
20 Wed Sep 2023	161.42	169.19	170.56	159.39	0.794 times
19 Tue Sep 2023	169.35	161.62	170.27	161.62	0.564 times
18 Mon Sep 2023	163.58	174.24	176.56	163.45	0.624 times
15 Fri Sep 2023	175.89	175.78	182.00	172.80	1.377 times
14 Thu Sep 2023	175.34	192.58	192.58	174.78	1.252 times
13 Wed Sep 2023	190.43	188.50	193.34	178.02	2.342 times
12 Tue Sep 2023	176.87	184.82	186.69	174.70	0.773 times
11 Mon Sep 2023	184.99	185.20	187.66	175.80	1.254 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 153.5, for a target of 166.8 or 177.85

Share price targets for Madrigal Pharmaceuticals (MDGL)

Target Type	Value
Downside Target	151.42
Upside Target	156.00
Upside Target	172.80
Upside Target	176.32
Upside Target	182.85
Upside Target	192.22
Upside Target	198.03
Upside Target	200.62
Upside Target	205.52
Upside Target	239.76
Upside Target	269.02
Upside Target	283.43
Upside Target	322.67

Intraday share price targets for Madrigal Pharmaceuticals (MDGL)

Target Type	Value
Downside Intraday Target	144.32
Downside Intraday Target	135.3
Upside Intraday Target	169.46
Upside Intraday Target	185.58
Upside Intraday Target	160.44

Weekly technical analysis of Madrigal Pharmaceuticals (MDGL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	153.34	174.24	176.56	151.42	0.459 times
15 Fri Sep 2023	175.89	185.20	193.34	172.80	4.103 times
08 Fri Sep 2023	196.58	184.51	200.62	182.85	7.309 times
01 Fri Sep 2023	185.14	181.25	185.53	179.10	0.183 times
01 Fri Sep 2023	185.14	179.60	185.53	176.32	0.692 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
22 Fri Sep 2023	153.34	181.25	200.62	151.42	1.211 times
31 Thu Aug 2023	180.00	204.75	205.52	156.00	1.351 times
31 Mon Jul 2023	205.30	228.89	239.76	198.03	0.423 times
30 Fri Jun 2023	231.00	278.00	283.43	192.22	1.332 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Madrigal Pharmaceuticals stock for short term is SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 175.72 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.