MADRIGAL PHARMACEUTICALS INC (MDGL) Technical Analysis
NASDAQ:MDGL • US5588681057
Current stock price
MDGL Technical Rating and Analysis
Overall MDGL gets a technical rating of 10 out of 10. MDGL has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Looking at the yearly performance, MDGL did better than 83% of all other stocks. On top of that, MDGL also shows a nice and consistent pattern of rising prices.
- MDGL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MDGL is performing more or less in line with the market.
- In the last month MDGL has a been trading in the 418.72 - 572.20 range, which is quite wide. It is currently trading near the high of this range.
- MDGL is an average performer in the Biotechnology industry, it outperforms 62% of 517 stocks in the same industry.
MDGL Weekly and Daily overview Charts
MDGL Setup Rating and Analysis
Although MDGL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
MDGL Support and Resistance Analysis
344.74
3 important support areas can be observed.
- A support zone ranging from 446.06 to 452.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @417.43 from a horizontal line in the daily time frame.
- Support @348.22 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 598.92 to 602.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
MDGL Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MDGL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MDGL is up. |
| ChartMill Relative Strength | 83.87 | POSITIVE | MDGL has a high relative strength, it outperformed 83.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDGL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MDGL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MDGL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 74.07 | OVERBOUGHT | The high RSI value suggests MDGL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 11.84 | POSITIVE | The MACD value suggests MDGL has a positive trend. |
| Stochastics (14,3) | 73.6 | NEUTRAL | The Stochastics value for MDGL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for MDGL suggests some volalility. |
| Average Directional Index/ADX (14) | 39.84 | POSITIVE | The high ADX value value for MDGL suggests a strong trend. |
MDGL Chart- and CandleStick Pattern Analysis
MDGL Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MDGL (4/6/2026, 12:30:13 PM)
541.95
-4.94 (-0.9%)
MADRIGAL PHARMACEUTICALS INC / MDGL TA FAQ
What is the ChartMill technical rating of MADRIGAL PHARMACEUTICALS INC (MDGL) stock?
ChartMill assigns a technical rating of 10 / 10 to MDGL.
Can you provide the trend direction for MADRIGAL PHARMACEUTICALS INC?
The current trend direction for MADRIGAL PHARMACEUTICALS INC (MDGL) is Bearish.
What is the RSI signal for MDGL stock?
MADRIGAL PHARMACEUTICALS INC (MDGL) has an RSI value of 74.0723. This indicates that the stock is currently overbought.
What is the support and resistance level for MDGL stock?
MADRIGAL PHARMACEUTICALS INC (MDGL) has a support level at 452.56 and a resistance level at 598.92. Check the full technical report for our detailed analysis of MDGL support and resistance levels.