Question 1

What implications does the 10-day RSI indicator have for MDGL?

Accepted Answer

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where MDGL's RSI Indicator exited the oversold zone, 26 of 35 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 2

What does the Stochastic Oscillator suggest about MDGL's trend?

Accepted Answer

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 47 of 64 cases where MDGL's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 0%.

Question 3

How did MDGL's Momentum indicator behave recently?

Accepted Answer

MDGL saw its Momentum Indicator move below the 0 level on August 01, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 93 similar instances where the indicator turned negative. In 75 of the 93 cases, the stock moved further down in the following days. The odds of a decline are at 0%.

Question 4

What is the significance of the 50-day moving average indicator for MDGL?

Accepted Answer

MDGL moved below its 50-day moving average on August 05, 2024 date and that indicates a change from an upward trend to a downward trend.

Question 5

What is the significance of the 10-day moving average indicator for MDGL?

Accepted Answer

The 10-day moving average for MDGL crossed bearishly below the 50-day moving average on August 08, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 18 of 23 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 6

What does a 3-day price advance indicate for MDGL?

Accepted Answer

Following a +5.00% 3-day Advance, the price is estimated to grow further. Considering data from situations where MDGL advanced for three days, in 232 of 294 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day decline signify for MDGL's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MDGL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 8

What does MDGL breaking above its upper Bollinger Band indicate?

Accepted Answer

MDGL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 9

How does the Aroon Indicator reflect on MDGL's trend?

Accepted Answer

The Aroon Indicator for MDGL entered a downward trend on August 16, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

MDGL Stock Madrigal Pharmaceuticals (MDGL, $229.58) price exceeded its 50-day Moving Average on May 24, 2024

Momentum Indicator for MDGL turns negative, indicating new downward trend

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