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Is MDGL set to rally? Upper Bollinger Band Walk shows up after sliding 0.95%

Madrigal Pharmaceuticals, Inc. (MDGL) — SwingTradeBot Technical Analysis Report · Jul 9, 2026, 20:10 ET
On Thursday, July 9th, MDGL moved down 0.95% while volume increased to 1.3× the usual levels. Upper Bollinger Band Walk was spotted, which could indicate a shift in momentum. Key support levels exist at 549.1, 538.19 & 528.02, with resistance at 570.18, 580.35 & 591.26. Meanwhile, Slow Stochastic is showing overbought conditions.

Current SwingTradeBot Technical Rating of MDGL: A

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Madrigal Pharmaceuticals, Inc. (MDGL)