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Stock Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

MGE Energy Inc. (NASDAQ:MGEE)

Weak Uptrend (+65) - MGEE is showing signs of weakening momentum to the upside. Monitor MGEE as it may be in the beginning stages of a reversal.

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.

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NASDAQ_MGEE
Open High Low MGEE Price Change
77.75 78.54 76.83 77.41 -0.34
Entry Signal

MarketClub’s Trade Triangles for MGEE

long term up The long-term trend has been UP since Mar 5th, 2024 at 75.723

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 74.400

short term up The short-term trend has been UP since Apr 18th, 2024 at 75.550

Smart Scan Analysis for MGEE

Based on our trend formula, MGEE is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MGEE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.75 78.54 76.83 77.41 -0.34
Prev. Close Volume Bid Ask Time
77.40 120188 2024-04-22 15:59:59
Year High68.05Year High Date2018-09-18
Year Low51.05Year Low Date2018-03-05
52wk High83.2752wk High Date2023-07-21
52wk Low61.9452wk Low Date2024-03-01
Year End Close50.95Average Volume282,900
Shares Outstanding36,168Short Interest661,588
% Institutional30.6Market Cap2,596M
Assets267,545,800MLiabilities153,538,500M
P/E Ratio23.9231Beta0.39
Volatility20.26
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