Bullish Case: MDGL's FDA approval for Rezdiffra and upward trajectory suggests strong growth. Helium's positive price forecast and bullish risk assessment reinforce momentum.


Bearish Case: Current high valuation, mean-reverting nature, and Helium's higher implied volatility suggest potential pullback or consolidation in the near term.


Potential Outcomes:

1) MDGL uptrend continues, backed by Rezdiffra success (60%).

2) Sideways movement due to mean reversion (30%).

3) Downward correction on profit-taking (10%).


Trading Oracle: Sign Up to access trading oracle trade ideas.


April 04, 2024


Madrigal Pharmaceuticals Forecast

MDGL        Madrigal Pharmaceuticals
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











Correlated Stock Forecasts

Assets that tend to move strongly with MDGL



RARE Forecast + Options Trading Strategies   RARE  Ultragenyx Pharmaceutical (0.84)


BBAI Forecast + Options Trading Strategies   BBAI  BigBear.ai (0.83)


TGTX Forecast + Options Trading Strategies   TGTX  TG Therapeutics (0.83)


OMC Forecast + Options Trading Strategies   OMC  Omnicom Group (0.82)


NGG Forecast + Options Trading Strategies   NGG  National Grid (0.82)



Uncorrelated Stock Forecasts

Assets with little price relationship to MDGL



SNPS Forecast + Options Trading Strategies   SNPS  Synopsys (0.0)


MPLX Forecast + Options Trading Strategies   MPLX  MPLX (-0.0)


TW Forecast + Options Trading Strategies   TW  Tradeweb Markets (0.0)


WAL Forecast + Options Trading Strategies   WAL  Western Alliance Bancorp (0.0)


LOGI Forecast + Options Trading Strategies   LOGI  Logitech International (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against MDGL



BKR Forecast + Options Trading Strategies   BKR  Baker Hughes (-0.73)


EQNR Forecast + Options Trading Strategies   EQNR  Equinor ASA - (-0.75)


TSAT Forecast + Options Trading Strategies   TSAT  Telesat Corp (-0.76)


EQT Forecast + Options Trading Strategies   EQT  EQT (-0.77)


FNGR Forecast + Options Trading Strategies   FNGR  FingerMotion (-0.85)





Become a more profitable investor with AI optimized trading strategies






×

Chat with MDGL


 Ask any question about MDGL!