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Stock Trend Analysis Report

Prepared for you on Friday, November 22, 2024.

MGE Energy Inc. (NASDAQ:MGEE)

Countertrend Up (+85) - MGEE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

NASDAQ_MGEE
Open High Low MGEE Price Change
104.220 104.670 103.200 104.210 +0.325
Entry Signal

MarketClub’s Trade Triangles for MGEE

long term up The long-term trend has been UP since Jul 16th, 2024 at 82.515

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 94.570

short term down The short-term trend has been DOWN since Nov 15th, 2024 at 105.260

Smart Scan Analysis for MGEE

Based on our trend formula, MGEE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for MGEE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
104.220 104.670 103.200 104.210 +0.325
Prev. Close Volume Bid Ask Time
104.130 95643 2024-11-21 15:59:40
Year High68.05Year High Date2018-09-18
Year Low51.05Year Low Date2018-03-05
52wk High109.2252wk High Date2024-11-13
52wk Low61.9452wk Low Date2024-03-01
Year End Close50.95Average Volume126,120
Shares Outstanding36,208Short Interest661,588
% Institutional30.6Market Cap2,596M
Assets274,932,500MLiabilities155,406,000M
P/E Ratio31.7691Beta0.39
Volatility20.26
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