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MGE Energy, Inc.

MGEE Technical Analysis Summary (NASDAQ)

Analyze MGEE on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MGEE●NASDAQ
UtilitiesRegulated Electric
$70.22
$0.17(0.24%)
U.S. Market opens in 60h 13m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MGEE Technical Analysis Summary (NASDAQ)

MGE Energy, Inc. (NASDAQ: MGEE) stock currently shows a bearish trend on the NASDAQ, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 34.49)
Trend Strength:Strong (ADX: 36.63)
Volatility:Medium (ATR: 1.46)
Support/Resistance:$66.91 – $76.24 (Bollinger Bands)

Technical conditions suggest MGE Energy, Inc. on the NASDAQ is awaiting a decisive move. Technical conditions suggest MGE Energy, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 34.49

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 38.30

Bearish
Momentum remains weak below midpoint.

Williams %R: -62.71

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.66

Bearish
Selling pressure outweighs buying.

Takeaway:MGE Energy, Inc. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -1.81

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 36.63

Strong
Strong trend, momentum well established.

ATR (14): 1.46

Low
Low volatility, stable price action.

CCI (14): 6.32

Neutral
Neutral, no strong directional signal.

Takeaway:MGE Energy, Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$76.24
Middle Band (SMA 20)
$71.57
Lower Band
$66.91
Current Position
Within Bands

Takeaway:MGE Energy, Inc. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$74.71
Middle Line (EMA 20)
$71.80
Lower Channel
$68.89
Squeeze Status
No Squeeze

Takeaway:MGE Energy, Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.37M
Money Flow Index41.82Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.57Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MGEE shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of MGE Energy, Inc. (NASDAQ: MGEE), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:MGE Energy, Inc. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NASDAQ: MGEE) Technical Analysis FAQ