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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
MGE Energy Inc. (NASDAQ:MGEE)
Long-Term Uptrend (+90) - MGEE is in a strong uptrend that is likely to continue. While MGEE is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MGEE?
MarketClub looks at technical strength and momentum to determine if the timing is right for MGEE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MGEE
The long-term trend has been UP since Mar 5th, 2024 at 75.723
The intermediate-term trend has been UP since May 1st, 2024 at 79.590
The short-term trend has been UP since May 1st, 2024 at 79.450
Smart Scan Analysis for MGEE
Based on our trend formula, MGEE is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 79.21 | 81.49 | 79.09 | 80.07 | +0.35 |
| Prev. Close | Volume | Bid | Ask | Time |
| 80.09 | 119016 | 2024-05-08 15:59:37 |
| Year High | 68.05 | Year High Date | 2018-09-18 |
| Year Low | 51.05 | Year Low Date | 2018-03-05 |
| 52wk High | 83.27 | 52wk High Date | 2023-07-21 |
| 52wk Low | 61.94 | 52wk Low Date | 2024-03-01 |
| Year End Close | 50.95 | Average Volume | 159,472 |
| Shares Outstanding | 36,176 | Short Interest | 661,588 |
| % Institutional | 30.6 | Market Cap | 2,596M |
| Assets | 267,545,800M | Liabilities | 153,538,500M |
| P/E Ratio | 24.6431 | Beta | 0.39 |
| Volatility | 20.26 |