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Is MDGL likely to continue higher? 50 Day Moving Average Support shows up after rising 2.85%

Madrigal Pharmaceuticals, Inc. (MDGL) — Nightly Technical Analysis · Jul 2, 2026, 17:34 ET
On Thursday, July 2nd, MDGL moved up 2.85% while volume shrunk to 0.7× the usual levels. Multiple bullish signals emerged — 50 DMA Support and 180 Bullish Setup — suggesting potential strength ahead. Key support levels exist at 514.14, 499.21 & 491.42, with resistance at 536.86, 544.65 & 559.58.

Current SwingTradeBot Technical Rating of MDGL: A

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Madrigal Pharmaceuticals, Inc. (MDGL)